Finance
Costco Reports Fiscal Q4 Revenue of $95.7 Billion and $6.75 EPS, Including 15 Cents From Tariff Refunds
The warehouse retailer beat analyst estimates on sales and profit. Part of the profit came from a one-time refund of tariffs that the Supreme Court struck down, and a pending lawsuit says shoppers should get that money.
New Home Sales Rose 6.4% in August to a 684,000 Annual Rate, the Highest Since December 2025 and Above Forecasts
The Census Bureau's estimate was 2.0% below August 2025. The monthly gain fell within the survey's margin of error. Builders cut prices while 30-year mortgage rates averaged 6.95%.
Alphabet, Oracle and Amazon Shares Fall on Sept. 23 as 10-Year Treasury Yield Reaches Highest Level Since 2007
U.S. stocks closed lower Wednesday. Alphabet fell 3.8%, Oracle 3.1% and Amazon 2.2%, while the 10-year Treasury yield rose about 12 basis points to roughly 5.1%. Market reports named the heavy borrowing by AI companies as one pressure alongside strong economic data, a weak Treasury auction and oil-driven inflation worries.
Fed Governor Barr Says More Rate Hikes Are 'Likely' Needed, a Week After the Fed's First Increase Since 2023
In a housing speech in Chicago on Sept. 23, Barr said his 'base case' calls for 'further policy adjustments.' The same day, the 10-year Treasury yield hit its highest level since 2007, as oil prices and strong business surveys also pushed rates up.
WSP Global Drops Its Pursuit of Arcadis After the Dutch Firm's Boards Rejected Two Offers, the Latest at €51.50 a Share
The Canadian engineering firm said it could not get Arcadis to negotiate. Arcadis said both offers undervalued the company, and its shares fell 7% after WSP pulled out.
AMD Closes Above $1 Trillion in Market Value for the First Time as Chip Stocks Rally on Sept. 21
Advanced Micro Devices rose about 10% on Monday, Sept. 21, 2026, as Intel gained roughly 12% and Arm Holdings about 17%, lifting the Nasdaq 100 to its first record close since June; the next session's chip moves were far smaller.
Priority Technology Agrees to CEO-Led Take-Private Deal at $8.05 a Share, an Enterprise Value of About $1.6 Billion
An investor group led by Chairman and CEO Thomas Priore will buy the shares it does not already own for $8.05 each in cash, after a special committee of independent directors negotiated the price up from an initial $6.00–$6.15 offer.
Treasury's Iran Aviation Sanctions Take Full Effect Sept. 23 as Wind-Down License Expires
A U.S. wind-down permission for aviation business with Iran expired at 12:01 a.m. Eastern on Sept. 23, 2026, exposing foreign fuel suppliers, ground handlers and ticket sellers to U.S. secondary sanctions; Iran, China and Russia call the measures illegal.
AutoZone Reports $56.05 Quarterly EPS and 1.6% Domestic Same-Store Sales; KB Home Reports After Tuesday's Close
AutoZone's fourth-quarter results beat Wall Street's profit estimate but showed slower store-level sales growth, while KB Home's third-quarter report lands after the market closes on September 22.
Bitcoin Trades Above $84,000, Up About 4%, Two Weeks After Its 50-Day Average Crossed Above Its 200-Day
The crossover signal that traders call a "golden cross" printed on the Sept. 8 close, and U.S. spot bitcoin ETF flows have swung between large daily inflows and outflows this month.
Fed's Bowman Previews Stress-Test Changes and Releases Initial Findings of Outside Review of SVB's 2023 Failure
In two London speeches on Sept. 18, 2026, the Federal Reserve's top bank regulator outlined changes to annual stress tests and said an outside review found supervisors knew or should have known of Silicon Valley Bank's weaknesses by March 2022.
Brent and WTI Fall About 2% as Kpler Data Puts Saudi Crude Exports Just Above 4 Million Barrels a Day So Far in September
Tanker-tracking estimates show Saudi exports rebounding from a decade low of 2.4 million barrels a day in August, though the figure remains below pre-war levels and the East-West pipeline is still offline.