Premiers' response to eliminating internal trade barriers is 'political theatre,' economist says
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Constellation Energy (CEG) Price Target Raised to $375 After Q2 Beat and Strong Outlook
Constellation Energy Corporation (NASDAQ:CEG) is one of the . On August 11, BMO Capital analyst James Thalacker raised the price target on the stock to $375.00 (from $350.00) while maintaining an Outperform rating. The rating affirmation follows Constellation's Q2 earnings beat, where the management also reaffirmed its full-year 2025 adjusted operating earnings range outlook largely in-line with the consensus estimate. 'Higher Sustainable FCFbG Looking Better With CPN Close and OBBBA Tailwinds; CEG reported 2Q25 EPS of $1.91, above both our own/consensus expectations of $1.80/$1.85. Management reaffirmed full-year 2025 adjusted operating earnings range of $8.90-9.60/share ($9.25 midpoint), which is largely consistent with the $9.38 consensus estimate. Management continues to anticipate standalone Constellation adjusted operating earnings growth of 13%+ on base earnings through 2030 (2024 base of $5.50/share)." A financial analyst presenting a chart of insurance solutions to a boardroom. Based on the closing of the Calpine transaction in Q4 which was driven by rising electricity demand from AI and electrification; and the benefits to cash flow from the provisions in the OBBBA, the firm sees a 'materially higher' free cash flow outlook as well. Constellation Energy Corporation (NASDAQ:CEG) is an energy provider specializing in clean, carbon-free energy solutions. While we acknowledge the potential of CEG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Sign in to access your portfolio
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Massete Jewelry Restocks Luxury Sterling Silver 925 Business Card Holder: Excellence in Style and Function
Toronto, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Massete Jewelry is excited to announce that its popular Luxury Sterling Silver 925 Business Card Holder from Italy is back in stock. This item's high demand reflects its appeal to customers who value both style and practicality. Massete Jewelry, renowned for its exceptional 14k gold and sterling silver collections found at their website, is dedicated to offering quality products that stand out in both elegance and functionality. The renewed enthusiasm for this luxury card holder showcases Massete's ability to align with consumer interests that shift over time. The growing trend toward functional luxury has made this card holder particularly appealing in professional settings, where making a subtle yet memorable impression can be crucial. "We are thrilled to bring back the Luxury Sterling Silver 925 Business Card Holder," stated Zev Samuel, a representative from Massete. "We've observed significant interest among our customers, and it's crucial for us to meet their needs. This product exemplifies the high standards and quality that Massete Jewelry is renowned for." Beyond this specific product, Massete Jewelry offers an expansive range of jewelry items catering to various age groups, budgets, and personal tastes. Their collection, showcased on their website, includes everything from essential everyday pieces to bold, statement designs crafted in 10k to 18k gold and sterling silver. Whether it's earrings, necklaces, or bracelets, Massete provides styles for everyone—from babies and teens to adults—with options such as classic ball earrings, unique nose rings, and custom engravable ID jewelry. Customer service stands as a core focus for Massete Jewelry. They offer complimentary shipping for all U.S. and Canada orders exceeding $50, ensuring that their products are easily accessible to a wide audience. Additionally, for a limited time, the company provides free engraving services, allowing customers to add a personal touch to their purchases. These value-added services enhance the overall shopping experience and represent Massete's commitment to customer satisfaction. The company has also launched a detailed comparison of sterling silver card holders, specifically examining the product alongside other leading brands. These comparisons aim to educate customers, helping them make informed decisions about their purchases. For further exploration of these insights, customers can refer to the blog post here: Zev Samuel further commented, "Reintroducing this item gives our customers a special opportunity to own a piece that is not just useful but also elegantly crafted. We are committed to providing products that resonate with our consumers and reflect their lifestyle aspirations." Massete Jewelry remains a top destination for those seeking both fashion-forward and timeless jewelry pieces and accessories. The company consistently monitors market trends and consumer preferences to ensure their product line evolves accordingly. The restock of the Luxury Sterling Silver 925 Business Card Holder highlights Massete's unwavering commitment to excellence and customer satisfaction, reaffirming its place as a leader in the jewelry market. Visit their website for more information on their wide array of products and services. Choosing to restock the Business Card Holder is part of Massete's broader initiative to remain responsive to consumer demands and preferences. Those interested in the details of this product can visit the Massete website for more information: ### For more information about Massete Jewelry, contact the company here:Massete JewelryZev Samuelhello@ CONTACT: Zev SamuelError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Inflation or jobs: Federal Reserve officials are divided over competing concerns
WASHINGTON (AP) — One major question will be front and center for Federal Reserve policymakers as they prepare for an annual conference in Jackson, Wyoming next week and a crucial policy meeting in September: Which is a bigger problem for the economy right now, stubborn inflation or slower hiring? Weak job gains since April have pushed some officials toward supporting a cut in the Fed's key rate as soon as next month, but speeches and comments by other Fed policymakers show that inflation is still a concern. That could make the Fed's ultimate move at its September 16-17 meeting a close call. There will be another jobs report and another inflation report before then, and both will likely heavily influence the decision of whether to cut or not. The uncertainty also means that Fed Chair Jerome Powell's speech next Friday in Jackson will be closely watched for any clues about next steps. If Fed officials worry more that unemployment will start to rise and the economy falter, they are more likely to reduce their rate in order lower borrowing costs and spur borrowing and spending. Yet if their concerns grow that inflation will stay high or worsen as tariffs ripple across global supply chains, they will lean more towards keeping borrowing costs high to cool the economy and lower prices. The rate currently stands at 4.3%. Wall Street investors are pretty certain — for now — that the central bank will reduce rates in September, with futures prices putting the odds of a cut at 93%, according to CME Fedwatch. Those odds jumped after the monthly jobs report Aug. 1 showed that hiring was sluggish in July and was much lower than previously estimated in May and June. Average job gains over those three months fell to just 35,000, down from 123,000 a year ago. And Tuesday's inflation report, which showed only a mild pickup in inflation at the consumer level and limited signs that tariffs were pushing goods prices higher, underscored the view of some officials that they could put inflation concerns aside and focus on shoring up the job market instead. 'With underlying inflation on a sustained trajectory toward 2%, softness in aggregate demand, and signs of fragility in the labor market, I think that we should focus on risks to our employment mandate,' Michelle Bowman, a member of the Fed's governing board, said last week. Yet Austan Goolsbee, president of the Federal Reserve's Chicago branch, downplayed the weakness in hiring in remarks to reporters Wednesday. The slowdown in job gains could partly reflect the drop in immigration stemming from President Donald Trump's border crackdown, Goolsbee said, rather than a weaker economy. He also pointed to the still-low unemployment rate of 4.2% as evidence that the job market is solid. This week's inflation report included some warning signs, Goolsbee added: Prices of many services that aren't affected by tariffs, such as dental care and air fares, jumped, a sign that inflation may not be in check. 'That was the most concerning thing in the inflation report, and if that persisted, we would have a hard time getting back to 2%,' Goolsbee said, referring to the central bank's inflation goal. "I am still hopeful that will not be a lasting problem.' Fed officials also disagree on how tariffs will affect inflation going forward. Many increasingly believe the duties will result in simply a one-time boost to prices that will quickly fade and not lead to ongoing inflation. 'Tariffs will boost inflation in the near term, but likely not in a persistent way' that would require the Fed to keep rates elevated, Mary Daly, president of the Fed's San Francisco branch, said in a recent speech. Daly also said the labor market has 'softened" and suggested the Fed 'will likely need to adjust policy in the coming months.' However, Raphael Bostic, president of the Fed's Atlanta branch, said Wednesday that the tariffs could lead to longer-term inflation if they cause more manufacturers to shift output from lower-cost locations overseas back to the United States, or to other countries with higher wages. Such a change would be more than just a one-time shift. 'You're going to see fundamental structural changes if this is successful," Bostic said in remarks in Red Bay, Alabama. 'It is actually a different economy.' In that scenario, Bostic said, he would prefer to wait 'until we have a little more clarity." And he added that with unemployment low, 'we have the luxury to do that.' Thursday's July wholesale price report, which showed a sharp jump in goods and services prices before they reach the consumer, did make one move less likely: A half-point cut in September, as suggested by Treasury Secretary Scott Bessent. Alberto Musalem, president of the Fed's St. Louis branch, who votes on Fed policy this year, said that a reduction of that size is 'unsupported by the current state of the economy, and the outlook for the economy," in an interview on CNBC. Tim Duy, an economist at SGH Macro, said Thursday that the Fed may have to raise its inflation forecast at its September meeting when it provides its latest set of quarterly economic projections. The central bank's policymakers currently expect inflation, excluding volatile food and energy, to reach 3.1% by the end of this year, yet inflation is already near that level. Cutting rates at the September meeting would be hard for the Fed if it is also forecasting higher inflation, Duy said. 'There are things that could happen that would push the Fed off the path" toward a rate cut, he said. 'We're not paying adequate attention to those risks.' Christopher Rugaber, The Associated Press Sign in to access your portfolio
