Evolving geopolitical conflicts push maritime insurers to rethink war-risk coverage rules. This article appears in the July/August issue of Global Finance Magazine. An insurance consortium to help ships transit the Strait of Hormuz may reflect a new definition of war for purposes of maritime claims, depending on new armed-conflict provisions under debate. Lloyd’s of London…
Walt Disney (DIS +3.65%) delivered the goods on Wednesday morning. The king of the entertainment industry broadcast its fiscal third-quarter results, and investors clearly found much to like about the company’s recent performance and its future potential. Two items that were particularly appealing were management’s stated goal of —again — increasing its share repurchase target,…
New York City’s traffic is legendary. In 2024, congestion in the city was the worst in the United States, with delays per driver reaching 102 hours. In the same year, the Metropolitan Transportation Authority (MTA), the operator of New York’s subways and commuter rail, saw a deficit of $8.3 billion. The combination of the two…
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Eli Lilly (LLY -1.06%) and Novo Nordisk (NVO -8.71%) are far and away the heavyweights in the global market for GLP-1 drugs, which effectively treat both type 2 diabetes and obesity. And that market is exploding, particularly for obesity drugs. The global market for obesity medicines reached $66 billion in 2025. Bloomberg predicts it will…
Overlooked market areas may have a banner second half of the year. ETF Action co-founder Mike Akins is encouraging investors to boost exposure to groups that underperformed compared with major artificial intelligence stocks. He told “ETF Edge” this week that his list includes software and cloud computing names. Many have fallen from “nosebleed valuations” and…