[ad_1] Regional banking company First Busey (NASDAQ:BUSE) reported Q2 CY2025 results topping the market’s revenue expectations , with sales up 70.4% year on year to $198 million. Its GAAP profit of $0.52 per share was 15% below analysts’ consensus estimates. Is now the time to buy First Busey? Find out in our full research report. Net Interest Income: $153.2 million vs analyst estimates of $152.9 million (85.8% year-on-year growth, in line) Net Interest Margin: 3.5% vs analyst estimates of 3.4% (46 basis point year-on-year increase, 5.4 bps beat) Revenue: $198 million vs analyst estimates of $193.3 million (70.4% year-on-year growth,…
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[ad_1] (Bloomberg) — US 10-year Treasuries rose for a fifth day as Treasury Secretary Scott Bessent offered support for Federal Reserve Chair Jerome Powell, reassuring investors. Most Read from Bloomberg “The market has taken solace from these comments, the inference being that Trump has been convinced, yet again, not to pursue his campaign to remove Powell,” Ian Lyngen, head of US rates strategy at BMO, wrote in a note. Powell’s future has become a key issue for bond investors as the Fed chief has come under fire from President Donald Trump for holding interest rates steady while waiting to see…
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[ad_1] Recession risks are down, but keep your guard up. Getty Images/Jeffrey Hazelwood/CNETEarly this spring, talk of a recession swirled after President Donald Trump began his chaotic tariff campaign. The likelihood of a severe economic downturn hit 66%, according to Polymarket.As Trump deferred some of his most aggressive trade proposals, those forecasts leveled out, but the contours of a potential recession are hard to ignore. Growth in the first quarter of 2025? Down. Jobless claims? Sharply higher. Consumer sentiment? That almost hit rock bottom. On top of that, there are whispers of stagflation, a painful mix of high prices and…
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[ad_1] Wall Street analysts lifted their price targets on Amazon stock ahead of the Facebook and Instagram parent’s quarterly earnings report July 31. Needham analyst Laura Martin lifted her outlook on Amazon shares on Tuesday to $265 from $220, citing “strong” revenue growth for the company’s cloud division, AWS, “record-breaking” Amazon Prime days, waning tariff woes, and lower costs in its logistics operations (i.e. deliveries) due to generative artificial intelligence. “AMZN is reporting strong improvement in its labor productivity, which we believe is a lead indicator to upside share price performance,” Martin added. Deutsche Bank analyst Lee Horowitz also lifted…
[ad_1] New York CNN — The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege. President Donald Trump’s relentless attacks on Federal Reserve Chair Jerome Powell are so intense that one prominent economist is raising eyebrows by arguing that Powell should quit to protect the central bank’s independence. “The attacks on Chair Powell are now extending to the whole institution. The longer Powell stays in power, the more that process will continue, fundamentally threatening the independence of the Fed,” Mohamed El-Erian, the former CEO of bond giant PIMCO, told CNN in a phone…
[ad_1] Financial ExpressIndia ramps up rare earth strategy; eyes Australia, Argentina, Brazil and Chile for supplies: ReportAmid rising global concerns over China’s dominance in rare earth magnets, India is ramping up efforts to diversify supply chains by exploring partnerships….1 month ago [ad_2] Source link
[ad_1] – Advertisement – Environmental stakeholders have raised alarm over ongoing carbon offset projects in Nigeria, calling them a dangerous form of modern exploitation that undermines local communities and ecosystems. Carbon Offset The stakeholders, comprising advocates and forest community leaders, voiced their concerns on Tuesday, July 22, 2025, in Benin during a dialogue organised by the Health of Mother Earth Foundation (HOMEF). Carbon offsetting refers to compensatory actions taken by companies or countries responsible for greenhouse gas emissions. These actions include paying for activities such as tree planting or forest conservation in other locations to “offset” or neutralise their carbon…