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Rachel Reeves is to approve a £1bn deal to build military helicopters in Yeovil, saving about 3,000 manufacturing jobs, according to reports.The chancellor is expected to sign a contract with Leonardo – the Italian owner of the former Westland factory in Yeovil, Somerset – to build the new battlefield helicopters, after months of speculation as to whether the historical site would survive.Workers had feared the company would follow through on threats to close the facility at the end of March if the government failed to place an order for new helicopters in time.Leonardo was the only bidder for the UK’s…

Dell shares soared more than 20% on Friday after the company beat fourth-quarter estimates and issued strong guidance, as a historic memory shortage puts pressure on prices in the sector.Dell reported adjusted earnings of $3.89 per share, exceeding the $3.53 per share expected by analysts surveyed by LSEG. The company reported $33.38 billion in revenue for the quarter, topping a forecast of $31.73 billion.The company estimates fiscal 2027 revenue will come in between $138 billion and $142 billion, blowing away the $124.7 billion expected by Factset.Dell expects revenue for its artificial intelligence servers to hit $50 billion in 2027, over…

Jon Moen and Mary Tone Rodgers, Before the Fed: JP Morgan, America’s lender of last resort, Cambridge University Press, 2025, 292 pagesIn Before the Fed, two economic historians combine forces to document and explain the important role John Pierpont Morgan played in managing banking crises before there was a Federal Reserve. This task required expertise in Morgan’s approach to syndicated securities underwriting (Rodgers) and in the dynamics of banking crises under the gold standard (Moen). Their Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options,…

US battery company Lyten has finalised the purchase of Northvolt’s battery manufacturing and research assets in Sweden and established an industrial hub at the Skellefteå site. The transaction includes Northvolt Ett and Ett Expansion in Skellefteå, along with Northvolt Labs in Västerås, carrying a combined book value of about $5bn. Together, the facilities comprise 16GWh of existing cell production capacity, more than 160 hectares of land and Europe’s “largest” battery R&D centre. In March, Northvolt filed for bankruptcy in Sweden due to financial and operational challenges. Lyten said production at the Skellefteå plant will restart, with commercial battery cell shipments…

Baby boomers may not be the “avocado toast” generation, but they have plenty of their own wasteful and financially damaging habits.

February 2026 Disruptions to Foreign Trade and U.S. Banks’ Returns Michele Modugno, Dino Palazzo, Carlos A. Ramírez, and Thiago R.T. Ferreira Abstract: We develop a market-based measure of firms’ and industries’ exposure to foreign trade disruptions. Combining this approach with detailed supervisory data, we quantify large U.S. banks’ exposure to such disruptions and propose a novel bank-level vulnerability index. We show that banks with greater exposure experienced significantly larger stock price declines following the April 2025 tariff announcements. Our vulnerability index explains 18% of the cross-sectional variation in bank returns during this episode, underscoring the importance of trade-related…

In a market dominated by mega-cap tech stocks, investors looking for real upside increasingly have to fish in less crowded waters. As such, I’ve identified five under-followed stocks that are uniquely positioned to thrive amid the current backdrop. These five stocks combine sector tailwinds, explosive growth, and unique catalysts that justify their “buy” status, even as volatility reigns. The current market environment has created a fascinating dichotomy. While mega-cap technology stocks and AI-related names dominate headlines and attract the lion’s share of investor attention, pockets of exceptional value and opportunity have emerged in overlooked corners of the market. For investors…

In trading on Friday, shares of SiriusXM Holdings Inc (Symbol: SIRI) crossed above their 200 day moving average of $22.01, changing hands as high as $22.16 per share. SiriusXM Holdings Inc shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of SIRI shares, versus its 200 day moving average: Looking at the chart above, SIRI’s low point in its 52 week range is $18.69 per share, with $25.355 as the 52 week high point — that compares with a last trade of $22.07. Click here to find out which 9 other…

The proportion of people in the UK who feel dissatisfied with life has failed to improve since the pandemic despite the economic outlook improving, official figures show.The Office for National Statistics said its quarterly survey of personal wellbeing in the UK shows that average life satisfaction remains below its pre-pandemic peak, despite the rate of GDP per person rising over the same period.The statistics body said that after a long period of stability through the mid-2010s, the proportion of people reporting low levels of life satisfaction rose sharply between 2020 and 2021 during the Covid pandemic. This reached a nine-year…

A heated debate has erupted over whether Canton Network is quietly positioning itself to replace XRP as the likely onboarder of institutions into crypto technology. A fourth set of onchain repo transactions has been completed on @CantonNetwork.This round marks the first cross-border intraday repo using tokenized Gilts.Advancements include:• Cross-border intraday repo with tokenized Gilts• Cross-currency execution against non-GBP… pic.twitter.com/cJU9pDPa5X— Canton Network (@CantonNetwork) February 24, 2026 The DTCC processes quadrillions in value annually, and the market is suddenly debating the repercussions of its decision to pivot into real world asset (RWA) tokenization with the help of Canton.This binary view is flawed.…