France-based container shipping and logistic giant CMA CGM Group has agreed to acquire FedEx Supply Chain, the contract logistics arm of FedEx Corp., for $1.4 billion in enterprise value, the companies announced on Wednesday. The acquisition, expected to close later this year, would nearly triple the size of the North American contract logistics operations of…
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Continued weakness in China, inflationary pressure on consumers and the war in the Middle East contributed to flat sales for sportswear brand Nike in its fourth quarter of 2026, coming as…
The S&P 500 Index ($SPX) (SPY) today is down -0.47%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.09%. September E-mini S&P futures (ESU26) are down -0.40%, and September E-mini Nasdaq futures (NQU26) are down -0.99%. Stock indexes are under pressure today as chipmakers and AI stocks fall…
Research released by UPM Specialty Materials and Smithers suggests major shifts ahead in food packaging, with fibre-based materials expected to hold the largest share by 2045. The report draws on input from more than 230 packaging professionals across the global value chain and examines the trends expected to influence food packaging over the next two…
Bitcoin (BTC-USD) opened at $58,549.86 on Wednesday, July 1, 2026, down 2.6% from Tuesday’s open. The price of bitcoin was $58,439.99 as of 8:27 a.m. ET this morning. Ethereum (ETH-USD) opened at $1,569.74 on Wednesday, July 1, 2026, down 2.5% compared to Tuesday’s opening price. Ethereum prices this morning shifted to $1,568.26 as of 8:27…
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. JPMorgan Chase CEO Jamie Dimon isn’t taking comfort in the stock market’s seemingly endless euphoria that defied a war in the Middle East and the ensuing spike in inflation. Instead, he believes there’s trouble brewing for the U.S. economy….
US private employers brought on 98,000 jobs in June, payroll processor ADP said Wednesday, missing expectations. Economists surveyed by Bloomberg had predicted a gain of 120,000 positions, roughly on par with May’s increase. About half of June’s growth was concentrated in education and health services, according to ADP’s data, while the financial activities sector gained…
Silver September (SI=F) futures opened at $59.25 today, down 1.1% compared to yesterday’s opening price. The price of silver has been steady this morning, reaching $59.47 as of 8:05 a.m. ET. Last week we wrote that “Silver prices opened at their lowest level all week and … haven’t opened below $60 since December 9, 2025.”…
Gold August (GC=F) futures opened at $4,025 this morning, Wednesday, July 1, 2026, down 0.3% compared to Tuesday’s closing price. The price of gold was firming this morning, moving up to $4,046.60 as of 8:03 a.m. ET. Last week we wrote, “Gold prices opened at their lowest level so far this week and are sliding…
The second quarter has come to a close, and it was a series of major ups and downs for the biggest names in tech. Chip stocks, outside of Nvidia (NVDA), had a blowout six months on euphoria around memory and storage sales and the need for traditional processors to power the AI build-out. Micron (MU)…
End of content
End of content