News Hub

Real-time financial, economic, and global news with market-focused context and analysis.

Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.

  • EVT yields 7.04% at $28.07.
  • The fund's P/E is 4.4, indicating a low valuation.
  • Price-to-book sits near 1.
  • Market is divided between income buyers and short sellers.
  • Analysts recommend EVT as a buy for income investors seeking yield and potential price re-rating.
  • Closed-end fund structure raises distribution and liquidity risk.

Latest Articles

SPX Announces Appointment of New Board Member

SPX Announces Appointment of New Board Member

SPX Technologies has appointed Brian Deck as a new independent member of its Board of Directors, effective July 27, 2026. Mr. Deck will also join the Audit and Governance & Sustainability Committees. Bringing extensive experience from his current role as CEO of JBT Marel Corporation and former leadership roles in finance and operations, his additio…

Brokerages Split as July Fed Decision Becomes a Tight Call

Brokerages Split as July Fed Decision Becomes a Tight Call

A growing cohort of major brokerages now sees a tangible risk that the Federal Reserve will raise interest rates at its July meeting, driven by a sharp jump in oil prices and renewed conflict in the Middle East. While most firms still list no change as their baseline, limited guidance from Chair Kevin Warsh and recent market moves have turned the u…

Stellantis Shares Fall After Piper Sandler Slashes Rating and Price Target

Stellantis Shares Fall After Piper Sandler Slashes Rating and Price Target

Stellantis NV stock slid after Piper Sandler downgraded the automaker from Overweight to Underweight and cut its price target sharply, intensifying pressure ahead of the company’s Q2 2026 earnings. The move adds to recent negative analyst commentary and comes against a fragile Milan market backdrop, leaving the shares trading just above the €5 supp…

Italian Cabinet to Tackle Soaring Diesel Costs While Managing Fiscal Targets

Italian Cabinet to Tackle Soaring Diesel Costs While Managing Fiscal Targets

Italy's cabinet will meet to consider measures aimed at the surge in diesel costs, balancing support for households and energy-intensive firms with commitments to reduce the public deficit agreed with the European Union. A temporary excise duty cut implemented in March and ended on July 3 cost almost €2 billion and drew criticism from EU and IMF of…

UK Retail Sales Slide Eases in July but Sector Still Faces Cost Headwinds

UK Retail Sales Slide Eases in July but Sector Still Faces Cost Headwinds

British retailers recorded their least severe year-on-year sales drop in six months during July, according to the Confederation of British Industry. The CBI's distributive trades balance improved to -26 from -54 in June, while wholesalers reported broadly unchanged volumes and retailers' expectations for August strengthened. Despite the moderation,…

Takaichi Says Japan Still Faces Risk of Deflation Despite Rising Prices

Takaichi Says Japan Still Faces Risk of Deflation Despite Rising Prices

Prime Minister Sanae Takaichi warned that while Japan is recording inflationary trends, the government cannot yet declare deflation risk eliminated. With consumer prices and the GDP deflator moving higher and wage gains beginning to appear, the administration is pressing for increased domestic investment, a recalibration of fiscal policy and cleare…

The Ensign Group Reports Second Quarter 2026 Results

The Ensign Group Reports Second Quarter 2026 Results

The Ensign Group, Inc., a US-based post-acute healthcare services provider, reported strong second quarter 2026 results with GAAP diluted EPS of $1.68 and adjusted EPS of $1.92, reflecting 16.7% and 20.8% growth year-over-year respectively. The company raised its 2026 annual earnings guidance to $7.75-$7.85 per diluted share and revenue guidance to…

Eighteen Months of the Trump Economy: Shocks, Resilience and Areas of Stagnation

Eighteen Months of the Trump Economy: Shocks, Resilience and Areas of Stagnation

In the first 18 months of President Donald Trump’s second term the U.S. economy has absorbed a string of policy-led shocks - including a tightened immigration regime, higher tariffs and an unexpected war with Iran - while showing unexpected resilience. Growth has been supported by strong corporate issuance and heavy investment in AI infrastructure,…

Legend Biotech Announces CEO Transition

Legend Biotech Announces CEO Transition

Legend Biotech announced that Ying Huang, Ph.D., has stepped down as CEO and Board member, remaining as an advisor through August for a smooth transition. Alan Bash, President of the CARVYKTI Business Unit, is appointed Interim CEO, while the Board starts a search for a permanent CEO. The company remains focused on advancing its commercial, clinica…

Profusa Announces Key Management Changes and Signing of Non-Binding Term Sheet for the Acquisition of a Commercial Stage Diagnostics Company

Profusa Announces Key Management Changes and Signing of Non-Binding Term Sheet for the Acquisition of a Commercial Stage Diagnostics Company

Profusa, Inc., a digital health company specializing in next-generation biosensing technologies, announced key management changes including appointing Jack Stover as Executive Chairman and CEO and Ben Hwang moving to President. The company also signed a non-binding term sheet to acquire a privately held commercial-stage diagnostics company with pro…

Central bank shake-up revives questions over Bank Indonesia’s autonomy

Central bank shake-up revives questions over Bank Indonesia’s autonomy

Bank Indonesia faces renewed scrutiny after Governor Perry Warjiyo resigned unexpectedly after eight years in office. The appointment of senior deputy governor Destry Damayanti as interim chief provides short-term continuity, but markets are watching closely for the next permanent nominee and whether monetary policy will remain insulated from polit…

Bernstein Upholds Bullish View on Memory After Major AI-Related Supply Deals

Bernstein Upholds Bullish View on Memory After Major AI-Related Supply Deals

Bernstein reiterated a constructive stance on memory chipmakers after a series of multibillion-dollar agreements unveiled at an AI Summit in San Francisco. Deals announced by Samsung, SK Hynix, Nvidia and Broadcom cover memory supply, foundry services and AI data-center capacity, prompting Bernstein to call the sector's recent pullback a "good entr…

Candle Lake Crossing 30% Threshold Sends Evolution Shares Higher

Candle Lake Crossing 30% Threshold Sends Evolution Shares Higher

Evolution shares climbed after top investor Candle Lake Limited disclosed an additional purchase that lifted its consolidated holding to about 30.02% of shares and votes. The disclosure invokes a mandatory offer obligation under Swedish takeover rules, forcing Candle Lake to either make a formal bid or reduce its stake within four weeks.