California’s oligarch tax would change America
The goal of its framers is political rather than budgetary
We haven't written up this one. Financial Times has the full story — the link below goes straight to it.
More in Finance & Markets
CAC 40 Firmly In Positive Territory As Bond Yields, Oil Prices Drop
(RTTNews) - French stocks climbed notably higher on Tuesday, rebounding from previous session's losses, despite lingering concerns over the nation's fiscal woes and political uncertainty.
RBRK Crosses Above Average Analyst Target
In recent trading, shares of Rubrik Inc (Symbol: RBRK) have crossed above the average analyst 12-month target price of $119.37, changing hands for $122.68/share.
KMT Crosses Above Average Analyst Target
In recent trading, shares of Kennametal Inc. (Symbol: KMT) have crossed above the average analyst 12-month target price of $32.67, changing hands for $32.86/share.
World Bank raises Nigeria’s 2026 growth forecast to 4.3%, sees 4.4% in 2027–28
The World Bank has raised Nigeria’s 2026 economic growth forecast to 4.3% from 4.0% in 2025, with growth projected to reach 4.4% annually in 2027 and 2028.
Apogee Enterprises Boosts FY27 Outlook; Shares Soar 20% - Update
(RTTNews) - While reporting financial results for the second quarter on Tuesday, Apogee Enterprises, Inc. (APOG) raised its adjusted earnings and net sales guidance for the full-year 2027, based on…
Oil Inventories in Western Nations Exhausted, Vitol CEO Warns of Tight Market
Oil inventories in western countries have been exhausted as a result of the Iran war, the boss of the world’s largest independent oil trader said, warning that fuel markets are likely to remain tight…