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Citigroup Hikes Dividend 12% to $0.67/Share

Citigroup declared a quarterly common stock dividend of $0.67 per share for August 28, 2026, with a record date of August 3, 2026, yielding about 2%, and also announced multiple preferred-stock dividends across Series T, Y, Z, AA, BB, CC, DD with varying rates and payments on August 17, 2026. The announcements come alongside the company's statement that the dividend increase to 67 cents a share reflects a 12% boost and aligns with its Q2 results.

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U.S. Jordan Sign Reciprocal Trade Agreement

The United States and Jordan announced a reciprocal trade agreement to expand market access and reduce barriers for U.S. exports, including duty-free treatment for most U.S. goods entering Jordan and expanded access for American agricultural products and motor vehicles. The pact also emphasizes environmental and labor standards, intellectual property protections, fair trade practices, customs modernization, and cooperation on supply chain resilience and investment security, with further talks planned on services and investment to remove remaining barriers.

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Equifax reports $1.70B Q2 revenue, pursues Círculo acquisition

Equifax reported Q2 2026 revenue of $1.700 billion, about 11% higher year over year, with GAAP net income of $183.9 million and diluted EPS of $1.54, alongside adjusted diluted EPS of $2.25 and adjusted EBITDA of $552.1 million as it pushes AI-driven efficiency. The company also announced the acquisition of Círculo de Crédito in Mexico, lifted its AI-driven cost-reduction target to $150 million for 2026–2028, and maintained full-year guidance of about $6.71–$6.78 billion in revenue and $8.39–$8.69 in EPS, plus Q3 adj EPS guidance of $2.15–$2.25.

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UK unemployment holds at 4.9% in May

UK unemployment stayed at 4.9% for the three months to May 2026, even as payroll data showed a drop in company payrolls and vacancies continued to ease, pointing to a mixed jobs picture. Wages remained firm, with regular pay at about 3.4% and total pay higher, while employment rose overall and second jobs increased, underscoring a still-tight but gradually softening labor market.

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South Korea Exports Jump 52% July 1-20

South Korea’s exports for July 1–20 rose 52.3% year-on-year to $54.9 billion, led by a 180% surge in semiconductors, while passenger-car shipments fell about 10.6%, and exports to China and the United States grew strongly. Imports climbed 20% to $42.7 billion, producing a $12.2 billion trade surplus, with the period marking a record high though daily averages suggest volatility as global demand and energy prices influence flows.

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Photo: Daniel Torok / Wikimedia Commons (Public domain)

Trump Tightens Waivers in Defense Supply Chains

"President Donald Trump signed an executive order to tighten defense procurement rules by curbing waivers, requiring contractors to prove domestic sourcing, disclose material origins, and submit mitigation plans while the Pentagon maps supply chains and replaces unreliable suppliers. The move targets reducing reliance on China and other adversaries by accelerating domestic production of critical minerals and related components, with enforcement mechanisms and a planned effective date to phase out prohibited foreign sources.

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Celldex CFO Sam Martin Plans 2027 Retirement

Celldex Therapeutics announced that Sam Martin, the Senior Vice President and Chief Financial Officer since 2017 and with the finance team since 2009, will retire in 2027 and will remain CFO through March 2027 to ensure a smooth leadership transition as the company initiates a search for his successor. Company leadership praised his contributions and highlighted ongoing strategic priorities, including progress in its immunology pipeline as it prepares for data readouts later this year.

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ICE Pauses Most Vehicle Stops Nationwide

ICE has ordered a nationwide halt on most vehicle stops in immigration enforcement, with exceptions only for the most egregious criminal targets, following fatal shootings in Maine and Texas. The temporary policy change could significantly constrain ICE operations and is described as a training measure, potentially affecting how arrests are initially pursued.

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