The world's biggest maker of copper cable is applauding President Donald Trump's planned 50% tariff on the metal, saying it will bolster the American supply chain, with costs passed on to customers.
Jersey Mike's is planning to sell $400 million of asset backed securities to potentially help pay out money to Blackstone Inc., the private equity firm that bought a majority stake in the sandwich restaurant chain earlier this year.
The busiest trade hub in the US saw container traffic rebound last month after a slump in May, as importers grapple with volatility driven by President Donald Trump's trade war.
Wall Street strategists are arguing that Federal Reserve Governor Christopher Waller's forecast of the amount of ample reserves in the financial system needed to prevent disruption should actually be higher.
The world's top sovereign wealth fund was a major buyer of Colombian local bonds in June, the month the country got hit by two credit downgrades and fallout from a suspension of fiscal spending limits.
Almonty Industries Inc. shares rose about 7% in their US trading debut after the tungsten miner raised $90 million in an oversubscribed offering to list on Nasdaq.
Nigerian stocks advanced to a record high as the bourse notched a ninth straight day of gains backed by an improving economic outlook for the West African nation.
Central Texas is facing the threat of more flooding as persistent storms bring heavy rain to the area, while a separate system will unleash downpours on New York City and throughout the Mid-Atlantic.