Topic
Markets and money, translated from Wall Street into English. Recent gists below.
The gist: U.S. mortgage rates reached their highest level in a year at 6.66% due to ongoing inflation fears and tensions in the Middle East.
CBS MoneyWatch · August 1, 2026 · Read in that day's issue →
The gist: Rivian cut its 2026 spending plans and narrowed its loss forecast while confirming a delivery target of 65,000 to 70,000 vehicles.
CNBC · August 1, 2026 · Read in that day's issue →
The gist: Starbucks raised its full-year outlook, expecting nearly 6% global same-store sales growth as CEO Brian Niccol says the chain is winning back customer loyalty through renovations and menu improvements.
CNBC · August 1, 2026 · Read in that day's issue →
The gist: The Federal Reserve held interest rates steady at 3.5% to 3.75%, but three officials voted to raise them due to concerns about persistent inflation and rising energy costs from the Iran conflict.
CBS MoneyWatch · August 1, 2026 · Read in that day's issue →
The gist: More than 1,000 AI workers from top companies are calling for a slowdown and tighter regulation of AI development due to safety and security concerns.
CBS MoneyWatch · August 1, 2026 · Read in that day's issue →
The gist: U.S. mortgage rates reached their highest level in a year at 6.66% due to ongoing inflation fears and tensions in the Middle East.
CBS MoneyWatch · July 31, 2026 · Read in that day's issue →
The gist: Rivian cut its 2026 spending plans and narrowed its loss forecast while confirming a delivery target of 65,000 to 70,000 vehicles.
CNBC · July 31, 2026 · Read in that day's issue →
The gist: Starbucks raised its full-year outlook, expecting nearly 6% global same-store sales growth as CEO Brian Niccol says the chain is winning back customer loyalty through renovations and menu improvements.
CNBC · July 31, 2026 · Read in that day's issue →
The gist: The Federal Reserve held interest rates steady at 3.5% to 3.75%, but three officials voted to raise them due to concerns about persistent inflation and rising energy costs from the Iran conflict.
CBS MoneyWatch · July 29, 2026 · Read in that day's issue →
The gist: More than 1,000 AI workers from top companies are calling for a slowdown and tighter regulation of AI development due to safety and security concerns.
CBS MoneyWatch · July 29, 2026 · Read in that day's issue →
The gist: Severe convective storms like tornadoes, hail, and strong winds have become the costliest natural disasters for homeowners, surpassing hurricanes and floods.
CBS MoneyWatch · July 28, 2026 · Read in that day's issue →
The gist: FIFA plans to raise up to 4.2 billion dollars by selling minority stakes in the World Cup and other tournaments to private investors.
NPR Business · July 28, 2026 · Read in that day's issue →
The gist: Visa is cutting 7% of its workforce, about 2,600 jobs, to become more efficient and invest in growth areas as AI changes how work is done.
CNBC · July 28, 2026 · Read in that day's issue →
The gist: The chip maker wanted by Apple has become the top company in China's stock market.
Yahoo Finance · July 27, 2026 · Read in that day's issue →
The gist: Micron, Sandisk, and Intel have been the top performers in 2026's tech market, prompting investors to consider which is the best buy now.
Yahoo Finance · July 27, 2026 · Read in that day's issue →
The gist: The IMF chief's visit to Argentina highlights growing concerns about the country's 2027 debt deadline.
Yahoo Finance · July 27, 2026 · Read in that day's issue →
The gist: Climate change will cause an estimated $1.47 trillion loss in U.S. home values over the next 30 years and drive widespread population moves.
CBS MoneyWatch · July 25, 2026 · Read in that day's issue →
The gist: Global oil prices surged past $100 a barrel due to attacks on shipping in the Red Sea by Iran-backed Houthi rebels.
CBS MoneyWatch · July 25, 2026 · Read in that day's issue →
The gist: A new Federal Reserve measure shows only about 53% of U.S. adults own homes, much lower than the commonly cited 65% homeownership rate.
CBS MoneyWatch · July 25, 2026 · Read in that day's issue →
The gist: The House passed the Stop Insider Trading Act to limit stock purchases by members of Congress but included a controversial voter ID provision.
CBS MoneyWatch · July 25, 2026 · Read in that day's issue →
Want Business & Finance in your morning gist? One click, done.
Subscribe to Business & Finance