Harris Oakmark recently released its second-quarter 2026 investor letter for its “Oakmark Global Select Fund”. A copy of the letter can be downloaded here. It is a non-diversified fund that focuses on long-term capital appreciation by investing in common stocks of U.S. and non-U.S. companies. In the quarter, the fund (Investor Class) delivered a return…
Laughing Water Capital, an investment management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The second quarter was exceptionally good for the portfolio, with Class A investment in Laughing Water Capital returning approximately 39.8% net of all fees and expenses, bringing the YTD return to approximately 33.6% net….
Wholesale inflation dipped in June, the Bureau of Labor Statistics reported Wednesday, with the Producer Price Index for final demand falling 0.3%. It marked the first time the index has moved lower on a monthly basis since August 2025. And the June pullback in wholesale prices came before the ceasefire between the U.S. and Iran…
Bitcoin (BTC-USD) opened at $64,974.75 on Wednesday, July 15, 2026, up 4.4% from Tuesday’s open. The price of bitcoin eased to $64,621.97 as of 8:07 a.m. ET this morning. Ethereum (ETH-USD) opened at $1,889.97 on Wednesday, July 15, 2026, up 6.6% compared to Tuesday’s opening price. Ethereum prices this morning shifted to $1,881.39 as of…
Silver September (SI=F) futures opened at $59.04 today, Wednesday, July 15, 2026, down 0.1% compared to yesterday’s opening price. The price of silver is moving even lower this morning, reaching $58.45 as of 7:56 a.m. ET. Silver prices seem unable to crest above $60 an ounce for an extended period, especially as the U.S. and…
Gold August (GC=F) futures opened at $4,059.80 this morning, Wednesday, July 15, 2026, down 0.2% compared to Tuesday’s closing price. The price of gold is falling this morning, moving down to $4,035.40 as of 7:41 a.m. ET. U.S. airstrikes have targeted Iranian military sites for the fourth day in a row this week in retaliation…
US stocks trimmed gains on Wednesday as a softer-than-expected wholesale inflation reading, and chipmaking equipment maker ASML’s (ASML) bullish outlook on AI demand failed to lift the chip sector. The Dow Jones Industrial Average (^DJI) fell below the flatline, while the S&P 500 (^GSPC) was little changed. The Nasdaq Composite (^IXIC) also dropped 0.1% following…
US stocks rose on Wednesday, lifted by gains in Big Tech, a bullish outlook from chip equipment maker ASML (ASML), and a softer-than-expected wholesale inflation reading. The Dow Jones Industrial Average (^DJI) jumped 0.2% while the S&P 500 (^GSPC) rose 0.3%. The tech-heavy Nasdaq Composite (^IXIC) gained 0.6% following gains from the day before. Shares…
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Name: Ugwechi Amadi New title: Senior vice president, chief strategy officer, McDonald’s Previous title: Executive vice president, head of corporate strategy and development, LIV Golf Ugwechi Amadi joined McDonald’s this month, succeeding Emily…
Alcoa and the governments of Australia, Japan, and the United States have reached a final investment decision to develop a gallium production plant at the company’s Wagerup alumina refinery in Western Australia, marking a new effort to diversify global supplies of the critical mineral. The facility will be built and operated by Alcoa, drawing on…
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