American Express Fined $350M in AML Settlement; Guidance Intact
American Express agreed to a $350M penalty and Fed consent orders over AML compliance while leaving full-year 2026 and 2027 guidance unchanged.
Bruno M.
GDP vs. GDI: Why Economic Output and Income Diverge
GDP and GDI measure the same economy from opposite sides. Learn how output and income diverge, what causes the statistical gap, and why the Fed watches GDO.
30-Year Mortgage Rates Hit 7.40% as Treasury Yields Climb
Freddie Mac’s weekly survey shows 30-year fixed mortgage rates jumped to 7.40% on October 8, 2026, driven by higher 10-year Treasury yields.
PepsiCo Q3 Revenue Rises 5.6% to $25.3B; Core EPS Beats at $2.34
PepsiCo posted Q3 2026 net revenue of $25.27B, up 5.6%, and core EPS of $2.34, while updating full-year core constant currency EPS guidance to 1% to 2%.
Non-Competitive vs. Competitive Bidding in Treasury Auctions
Understand non-competitive vs. competitive bidding in Treasury auctions, how the single-price clearing yield is set, and award rules for retail buyers.
Fed Minutes Flag AI Debt Surge Lifting Treasury Yields
FOMC minutes reveal that heavy AI infrastructure debt issuance and Treasury buyback uncertainty contributed to higher term premiums and bond yields.
Applied Digital Q1 Revenue Surges 322% to $341.9M
Applied Digital posted Q1 FY27 revenue of $341.9 million, up 322% YoY, backed by $36 billion in contracted backlog and 250 MW live at Polaris Forge 1.
How to Read FOMC Minutes: Fed Speak, Nuance, and Signals
Learn how to read FOMC minutes: decode the three-week lag, calibrated Fed speak quantifiers, and the critical signals that move bond and stock markets.
Sysco Issues $15.7B Multi-Tranche Debt to Fund JRD Deal
Sysco closed $15.7B in senior and junior subordinated notes on Oct 6 to finance its acquisition of JRD Unico, locking in coupons up to 7.35%.
HubSpot Cuts 660 Jobs in Shift to AI Customer Outcomes
HubSpot filed Form 8-K announcing 660 role cuts (~7% of staff) and $65M–$75M in restructuring charges while reaffirming its 2026 financial guidance.