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Food prices projected to plateau

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Food prices projected to plateau

Grocery inflation slows as retail beef prices climb and egg prices retreat.

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Trump deploys $200 billion to lower mortgage rates for homebuyers

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Trump deploys $200 billion to lower mortgage rates for homebuyers

Federal Housing Finance Agency (FHFA) Director William J. Pulte said President Donald Trump is moving aggressively to drive down borrowing costs, deploying roughly $200 billion from Fannie Mae and Freddie Mac to purchase mortgage bonds — a step he said lowered rates “boom right away.”

Pulte joined FOX Business’ Maria Bartiromo on “Mornings with Maria” to say the administration’s actions directly targeted affordability and market confidence.

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The effort follows a sharp turnaround in mortgage conditions over the past year, with rates now carrying a “five handle” after hovering near 8% previously, according to Pulte. He credited the president’s broader inflation fight and direct intervention in the mortgage market for the shift, arguing that lenders have already tightened spreads as risk comes out of the system.

AMERICAN HOMEBUYERS GAIN MOST PURCHASING POWER SINCE 2022

“They tried to convince President Trump… to sell Fannie and Freddie for $100 billion,” Pulte said, calling the idea “nonsense,” and noting some estimates value the firms far higher. Instead of a sale, he said Trump used the enterprises’ cash to support the bond market and ease pressure on homebuyers.

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“In this case, $200 billion reduced mortgage rates. Boom right away,” Pulte said.

Pulte also pointed to additional policy changes, including a push to limit institutional ownership of homes and ongoing coordination with homebuilders to increase supply. He said the administration’s focus is restoring affordability on both the supply and demand sides, emphasizing that “we need to be a nation of owners, not renters.”

MORTGAGE RATES FALL TO LOWEST LEVEL SINCE 2022

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Whether Fannie and Freddie return to the public markets remains a presidential decision, Pulte added, saying an IPO is “more likely than not,” but stressing that “everything is on the table.”

Pointing to the $200 billion mortgage bond purchase, Pulte said the decision underscores Trump’s willingness to deploy capital quickly to move markets.

“President Trump just finds money everywhere he goes, and he uses it for the benefit of the American people,” Pulte said. 

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IT bounce breaks 5-day losing run, but analysts warn relief may be short-lived

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IT bounce breaks 5-day losing run, but analysts warn relief may be short-lived
Mumbai: Investors in India’s battered information technology sector found a brief respite on Wednesday as software services stocks rebounded, snapping a five-session losing streak. However, analysts cautioned that the relief may be fleeting; most derivative wagers remain bearish following the IT index’s 22% plunge during the February series.

The Nifty IT index closed 1.6% higher at 30,526.35 on Wednesday, giving up a portion of the 3.1% gains notched up early in the day. The Nifty gained 0.2%, or 57.85 points, to close at 25,482.5 after rising as much as 0.9%. The IT stock benchmark had dropped 9% over the previous five sessions against the 1.2% decline in Nifty.

The sector has been under sustained pressure throughout February. Concerns intensified following the launch of new tools by San Francisco-based AI firm Anthropic, which triggered a sell-off fuelled by anxieties over future revenue and order wins. Following the expiry of Nifty’s February futures and options contracts on Tuesday, the oversold IT pack gained ground on Wednesday, led by short covering.

IT Bounce Breaks 5-day Losing Run; Good News may End ThereAgencies

FIRST DAY OF NEW SERIES Oversold information technology pack rings in some gains, led by short covering l Analysts warn sentiment’s still bearish with short positions intact

Cautious Signals
Sudeep Shah, head of Technical and Derivative Research at SBI Securities, said the index continues to exhibit underlying weakness despite the near-term bounce.

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“While the sharp dip in RSI (Relative Strength Index) below 20 triggered some technical rebound on Wednesday, the broader trend remains cautious with short positions largely intact, as seen in rollover of over 90% positions from February to March,” he said. “The initial strength, which is usually seen on the first day of the new series, may not sustain, as the bounce appears driven more by short covering than fresh long build-up.”
At the end of every monthly derivatives contract, traders must choose to either exit their positions or “rollover” and carry their bets into the following month.
“We observed a significant build-up of short positions in the February series across the IT sector, with no meaningful recovery. Open interest increased in both midcap and large-cap IT stocks, most of which were rolled over into the March series,” said Amit Trivedi, SVP of Institutional Equities Research at Yes Securities.
Trivedi said the rollover in IT stock futures reached 90%, with open interest surging 32% during the February series. On a stock-specific basis, rollovers ranged from 81% to 95%, with current-expiry open interest exceeding the previous series. “And combined with price declines, this indicates a carry-forward of short positions,” he said.

According to a Yes Securities report, the highest rollover rates into the March series were seen in Coforge (94.7%), Tata Technologies (94.6%), Oracle Financial Services Software (94.3%) and Tata Elxsi (92.7%).

Vipin Kumar, AVP of Derivatives and Technical Research at Globe Capital Market warned that any climb toward the 31,500-32,000 range would likely attract a fresh round of selling pressure, potentially dragging the index down to 28,500 in the near term. The IT index closed at 30,526.35 on Wednesday.

Trivedi also expects the sector to remain constrained. “At the index level, following the sharp correction, the index is likely to consolidate or trade range-bound, with immediate resistance at 32,800 and support around 29,300,” he said.

Among specific stocks, Trivedi said TCS, Infosys, Coforge, and Persistent Systems currently exhibit weaker technical structures compared to HCL Technologies and Wipro.

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Fanatics Games 2026 returns with $2 million prize pool and Tom Brady

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Fanatics Games 2026 returns with $2 million prize pool and Tom Brady

Fanatics Fest isn’t just returning for its third year in New York City with an extra day added to its festivities — it’s bringing back the Fanatics Games with an even bigger prize pool.

During last year’s sports fan festival at the Javits Center in Manhattan, Fanatics Fest introduced the Fanatics Games, bringing together some of the world’s top athletes and everyday fans for a head-to-head competition with a chance to win a $1 million grand prize as well as other massive prizes like an exotic car and rare trading card worth six figures.

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“What made Fanatics Games special in year one was seeing fans and world-class athletes compete side by side under the same rules and feed off each other’s energy,” Lance Fensterman, CEO of Fanatics Events, said in a press release. 

“In 2026, we’re expanding that competition and giving more fans across the country a direct path to earn their spot. The stakes are higher, the format is sharper, and the games are only getting better.”

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Fanatics Games Promo for 2026

The Fanatics Games are returning for 2026 Fanatics Fest with a $2 million prize pool. (Fanatics / Fox News)

The expanded format of Fanatics Games includes new nationwide qualifying opportunities for fans who wish to participate through an exclusive partnership with DICK’S Sporting Goods.

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The in-person qualifier option will be through visits at select DICK’S House of Sport locations across the country, including Knoxville, Tennessee (May 9), Kennesaw, Georgia (May 30), Houston, Texas (June 13), and Boston, Massachusetts (June 28). Fans will have the chance to compete in sport-specific challenges tied directly to how the 2026 Fanatics Games format will work at the festival from July 16-19.

TOM BRADY’S $250K CARD DEAL AMONG VIRAL MOMENTS TO AIR IN FANATICS FEST BEHIND-THE-SCENES SPECIAL

The top three performers at each event will earn a trip to New York to compete at the Javits Center alongside confirmed athletes like NFL legend Rob Gronkowski, NBA guard James Harden, and WWE superstars Cody Rhodes, Jay Uso, Rhea Ripley and Liv Morgan, with more athletes expected to be confirmed in the coming months.

Fanatics Fest panel

(L-R) Dana White, Kevin Hart, Michael Rubin, Matt Dennish, Justin Gaethje and Tom Brady speak onstage during Fanatics Fest NYC 2025 at Javits Center June 22, 2025, in New York City. (Kevin Mazur/Getty Images for Fanatics / Getty Images)

And fans who wish to participate and can’t make the in-person qualifiers will still be able to send in a video application like last year, showcasing their skills and sharing why they feel they deserve to compete.

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But perhaps the biggest draw for the Fanatics Games is a rematch between reigning champion, former NFL quarterback Tom Brady, and fan champion Matt Dennis, a Philadelphia teacher who wowed the Fanatics Fest crowd last year in the inaugural games. Dennish finished in third place, while UFC fighter Justin Gaethje finished second behind Brady.

Fanatics Games will bring together 50 everyday fans and a total group of 50 athletes, celebrities, and creators once more, and they plan on making the competition bigger, faster and more competitive than it was in 2025.

Michael Rubin and Philadelphia teacher Matt Dennish

Michael Rubin and Matt Dennish speak onstage during Fanatics Fest NYC 2025 at Javits Center June 22, 2025, in New York City. (Rob Kim/Getty Images / Getty Images)

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Fanatics Fest continues to grow as the world’s top sports fan festival, drawing more than 125,000 fans last year to the Big Apple. With even bigger star-studded panels, live programming, autograph sessions and meet-and-greats, Fanatics expects to break that total once more as it continues to give fans opportunities of a lifetime.

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Food banks 'essential' for new generation of students

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Food banks 'essential' for new generation of students

Queen’s University Belfast says there were more than 10,500 visits by students to its food bank in the students’ union.

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Metal stocks rise 7%, analysts see potential upside of up to 25%

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Metal stocks rise 7%, analysts see potential upside of up to 25%
Mumbai: Metal stocks rallied more than 7% Wednesday as base metal prices firmed up and uncertainty over the applicability of US tariffs supported buying momentum. Analysts said investors can buy on dips as there is scope for further upside of up to 25% in the near term.

Lloyds Metals and Energy jumped 7.5% after Nomura initiated coverage on the stock with a ‘Buy’ rating. National Aluminium Company and Vedanta gained around 4.5% each. Hindustan Copper and Hindustan Zinc rose 4% and 3.6%, respectively.

“The uncertainty on the tariffs by the US, weakening of the dollar and the uptick in base metal prices like silver, copper and zinc, along with steel, led to the buying momentum in metal stocks,” said Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.

Trivedi said investors reallocated funds from the IT pack to metal stocks since the latter has remained buoyant.

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The Nifty Metal Index gained 2.7% while benchmark Nifty advanced 0.2% on Wednesday. All 15 stocks in the metals index ended higher.


Among base metals, silver climbed 4% to $90.6 on Wednesday while gold and copper rose around half a per cent each. Steel advanced 1.3%.

Metal Stocks Rise 7%, Have ‘Upside Scope of Up to 25%’Agencies

investors can buy on dips, say analysts

The recent implementation of safeguard duties on steel imports has successfully held back Chinese dumping, providing a much-needed boost to ferrous stocks such as Lloyds Metals, Vedanta, SAIL, and Tata Steel, said Om Ghawalkar, market analyst, Share.Market.“The overall sentiment for the sector remains positive, with a projected 15-20% rally supported by strong domestic steel demand and “green steel” policies introduced in Budget 2026,” said Ghawalkar.

In the last one month, the Nifty Metal Index jumped 8% while benchmark Nifty rose 1.7% in the same period. So far this year, the Nifty Metal Index surged 11% while benchmark Nifty fell 2.5%.

“Any fall in metal stocks is a buying opportunity and there is room for upside of 15- 25% in the near-term,” said Trivedi. Trivedi said Tata Steel, Nalco and SAIL are the top picks in the sector and are trading at reasonable valuations.

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“JSW Steel and Hindalco are also expected to see stable performance,” he said. Technical indicators suggest a potential 20% upside with a long-term target of 15,000 as the metals index is currently breaking out of an ascending triangle pattern.

“If the index sustains levels above 12,400, it is likely to target 13,000, driven by robust infrastructure spending and the growing demand for Electric Vehicles (EVs),” said Ghawalkar. The strength is further confirmed by a MACD golden crossover, signalling that the current uptrend has significant staying power, he said.

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The family-owned soda firm that still uses returnable glass bottles

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The family-owned soda firm that still uses returnable glass bottles

Soft drinks company Twig’s Beverage has a loyal following for its old-fashioned approach.

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Factbox-Corporate America continues job cuts in 2026 in efficiency push

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Factbox-Corporate America continues job cuts in 2026 in efficiency push


Factbox-Corporate America continues job cuts in 2026 in efficiency push

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IIFL Finance to raise up to $750 million via ECBs, dollar bonds

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IIFL Finance to raise up to $750 million via ECBs, dollar bonds
Kolkata: Fairfax-backed IIFL Finance plans to raise $500-750 million (₹4,547-6,820 crore) in external commercial borrowings and dollar bonds in March, as part of its strategy to diversify the resource base and fund growth.

The gold-loan focussed non-bank lender is in talks with existing investors as well as banks from Singapore and Taiwan, Nirmal Jain, managing director, told ET.

“We are planning to raise $500-750 million by external commercial borrowing/dollar bonds in March to diversify our funding sources, reduce reliance on banks, and support business growth,” said Jain. He said the exercise is likely to be completed by the third week of March.

India’s bond bankers push regulator for more funding flexibility
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India’s merchant bankers have urged SEBI to allow borrowing against bonds to boost underwriting capacity and better manage risks when debt sales see weak demand. They also sought access to wider funding sources and an anonymous bond-trading platform, arguing these changes would deepen liquidity and strengthen India’s corporate bond market.


“The fundraising will be done through a combination of dollar-denominated loans and foreign currency social bonds,” said Jain. “Global banks which are our existing lenders as well as investors from countries like Singapore and Taiwan are showing interest.”
Deutsche Bank, Mizuho Bank, Export Development Canada, British International Investment (BII), and the US government’s development finance institution DFC are among global entities who took part in IIFL Finance’s global debt issues previously.


Incidentally, the Reserve Bank of India earlier this month raised limits under external borrowing, relaxed maturity norms, and removed cost caps. Eligible entities can now raise ECBs up to $1 billion in outstanding borrowings or 300% of net worth, based on the latest audited standalone balance sheets. The earlier borrowing cap was $750 million.
Indian companies raised a record $61 billion through ECBs in FY25, up from $48 billion in FY24. Besides dollar-denominated fundraising, IIFL Finance is also looking to grow the share of bond issuance in its liability profile. The lender launched a ₹2,000 crore retail bond issue on February 17 and is in the process of raising another ₹1,000 crore from institutional investors through private placement.

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Top Platforms Driving Rankings and Efficiency

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Top 10 Best SEO Companies in Sydney, Australia 2026

As search engines evolve with AI-driven features like Google’s AI Overviews and increased emphasis on user experience, online marketers in 2026 rely on sophisticated SEO tools to stay competitive. These platforms handle keyword research, content optimization, technical audits, backlink analysis, and AI visibility tracking, helping teams adapt to algorithm shifts and deliver measurable organic growth.

Top 10 Best SEO Companies in Sydney, Australia 2026
SEO Tools

From comprehensive suites to specialized AI-powered solutions, the landscape has expanded rapidly. Marketers tested dozens of options in early 2026, with data from industry reviews, user feedback, and performance benchmarks highlighting the most effective tools. Here are the 10 best SEO tools marketers need this year, based on current capabilities, pricing, and real-world results as of February 2026.

1. **Semrush** — The all-in-one powerhouse remains dominant for marketers managing multiple channels. With over 55 tools covering keyword research, site audits, competitor analysis, PPC, and social media, Semrush excels in depth. Its AI Visibility Toolkit tracks performance in generative search platforms like ChatGPT and Google’s AI summaries, a critical feature in 2026. Pros include massive databases (27 billion keywords) and excellent learning resources via Semrush Academy. Pricing starts around $139/month for Pro plans, with enterprise options scaling higher.

2. **Ahrefs** — Known for its unmatched backlink index (over 35 trillion live links) and aggressive crawling, Ahrefs leads in competitor research, link-building opportunities, and content gap analysis. Marketers praise its Content Explorer for discovering high-performing topics and Site Explorer for strategic planning. The tool’s reliability and data accuracy make it essential for off-page SEO. Plans begin at approximately $99/month, with higher tiers unlocking advanced features.

3. **Surfer SEO** — Content optimization specialists favor Surfer for its data-driven approach to on-page SEO. It analyzes top-ranking pages to provide ideal word counts, keyword usage, structure, and semantic recommendations. In 2026, its AI enhancements streamline briefs and real-time editing. Widely used by agencies and content teams, Surfer delivers measurable ranking improvements. Pricing starts around $59/month.

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4. **SE Ranking** — This versatile platform offers strong value with rank tracking, keyword research, site audits, and AI-powered insights. Its AI Overview Tracker monitors visibility in generative results, while automation features handle reporting and alerts. Trusted by over 1.5 million professionals, SE Ranking combines affordability with precision. Plans start at about $65/month.

5. **Screaming Frog SEO Spider** — The go-to desktop crawler for technical SEO audits. It identifies broken links, duplicate content, crawl errors, and on-page issues across large sites. Marketers use it for pre-launch checks, migration troubleshooting, and JavaScript rendering analysis. Affordable at around $259/year for paid licenses, with a free version for smaller sites.

6. **Google Search Console** — Free and indispensable for every marketer. It provides direct insights from Google on indexing, performance, mobile usability, Core Web Vitals, and AI Overview citations. Paired with Google Analytics 4, it forms the foundation for data-driven decisions. No cost makes it a must-have despite limited third-party features.

7. **Rank Math** — WordPress users rely on this plugin for on-page optimization, schema markup, XML sitemaps, and AI content suggestions. Its free version covers core needs, while Pro unlocks advanced analytics and automation. Highly rated for ease of use and integration.

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8. **Nightwatch** — Focused on accurate rank tracking across traditional and AI search, Nightwatch offers location-specific monitoring, competitor visualization, and white-labeled reports. Ideal for agencies tracking multi-site performance.

9. **Clearscope** — Content optimization tool emphasizing semantic relevance and top-ranking page analysis. It generates detailed briefs and scores content for alignment with search intent, helping marketers create high-quality, competitive pieces.

10. **Gumloop** — Emerging for SEO automation workflows. It automates repetitive tasks like keyword clustering, report generation, and data pulls, saving time for strategic work. Popular among marketers building custom processes.

These tools address 2026’s key priorities: adapting to AI search visibility, optimizing for user experience, and scaling content efficiently. All-in-one platforms like Semrush and Ahrefs suit full-funnel teams, while specialized options like Surfer and Screaming Frog excel in targeted areas. Free tools from Google provide essential baselines.

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Marketers should combine tools for maximum impact—using Search Console for raw data, Ahrefs or Semrush for competitive insights, and Surfer for content refinement. Testing and stacking solutions based on specific goals remains key to ROI in a dynamic landscape.

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Arcutis Q4 2025 slides: ZORYVE drives profitability, revenue beats

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Arcutis Q4 2025 slides: ZORYVE drives profitability, revenue beats


Arcutis Q4 2025 slides: ZORYVE drives profitability, revenue beats

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