Reddit to Join the S&P 500. Will This Send the Stock Back to Its 52-Week High?
Key PointsReddit will join the S&P 500 on Aug. 18.
We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.
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'What do they get back?': Shehzad Poonawalla calls to scrap income tax for salaried middle class
BJP leader Shehzad Poonawalla called for scrapping personal income tax for the salaried middle class, citing poor public services including bad roads, air pollution, toxic water and corruption.
Kaplan Fox Announces a Securities Class Action Filed Against Photronics, Inc. (NASDAQ: PLAB) – Lead Plaintiff Deadline is September 4, 2026
NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Photronics, Inc.
Bloomberg Surveillance 8/17/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond.
Nigerians are returning to ATMs as PoS transactions fall 20%
After years of losing ground to Point-of-Sale (PoS) agents, Automated Teller Machines (ATMs) are making a comeback as transaction volumes rise while PoS volumes decline.
Australian Dollar climbs to two-month highs amid a soft US Dollar
AUD/USD extended its recovery on Monday, pushing to fresh 10-week highs and holding near the 0.7100 zone. At the time of writing, the pair is 0.40% up for the day, driven almost entirely by a broadly weak US Dollar (USD) rather than anything positive out of Australia.
MREIF Half-Year earnings reflect continued growth in affordable mortgage lending
Nigeria’s housing deficit has never posed a demand problem. Millions of Nigerians want to invest in properties and will service a mortgage if the terms are reasonable. Currently, what the industry lacks is a fairly priced financing structure that is patient enough for prospective property owners while delivering attractive returns to the…