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Latest Financial News
Verizon Raises 2026 Earnings Outlook as Postpaid Phone Adds Reach 406,000
Verizon lifted its annual subscriber outlook to 1.1 million–1.2 million net postpaid phone additions as adjusted quarterly earnings grew 8.3%.
India Clears ₹2.12 Lakh Crore in Defence Proposals, With 82% of Procurements Planned From Indian Industry
The Defence Acquisition Council approved a broad set of proposed military purchases, spanning drones, artillery, helicopters and naval systems, but contracts have yet to be awarded.
Texas Manufacturing Growth Slows in October as New Orders Lose Momentum
Factory output continued to rise, but new orders and shipments slowed sharply as input costs increased and manufacturers grew more optimistic about conditions ahead.
Strive Launches $1 Billion Preferred-Stock Sales Program With Bitcoin Among Planned Uses
Strive can sell SATS preferred shares over time, with bitcoin purchases, operating needs and dividends among several possible uses for the proceeds.
Treasury Updates Sanctions Reporting Guidance for Banks Handling Blocked and Rejected Payments
OFAC's revised FAQs clarify when banks must freeze or return funds, distinguish customer questions from payment instructions, and file reports electronically.
Chicago Fed Index Turns Positive in September, Signaling a Pickup in U.S. Economic Activity
Production and income lifted the measure to +0.07 in September, while personal consumption and housing dragged on the improvement.
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