Weil, Gotshal & Manges eyes merger options after rainmakers exit, Bloomberg News reports

Bull markets don’t peak when investors are so bearish, says Fundstrat’s Tom Lee.

(RTTNews) – European stocks held steady on Wednesday as the recent rally in crude oil prices paused, and bond yields eased from recent highs ahead of the Federal Reserve’s interest-rate decision later in the day. The British pound weakened against other major currencies after official data showed that the U.K. consumer price inflation rose to…

Buying and holding high-quality companies or exchange-traded funds (ETFs) is an excellent way to build wealth over a long-term time horizon. But some investors prioritize passive income over long-term capital appreciation to supplement retirement income, cover a portion of their expenses, or align with other financial objectives. Bonds, Treasury Bills (T-Bills), money market funds, and…

Fisher Brothers is set to recapitalize another big Midtown office tower. Fresh off its $1.1 billion recap of Park Avenue Plaza, the family firm is planning to take on a new partner at 605 Third Avenue — eyeing a valuation of $425 million. The Fishers’ partner, JPMorgan Asset Management, is looking to sell its 49-percent…

Thai School Shooting: 14-Year-Old’s Rampage Leaves 7 Dead, 23 Injured Tragic Events Unfold in Bang Bua Thong By Panu Wongcha-um and Panarat Thepgumpanat BANG BUA THONG, Thailand, Aug 7 (Reuters) – The boy shot his grandparents dead at dawn on Friday in their two-storey house bordering rice fields on the outskirts of Bangkok. Each was…

The 9,500 S&P 500 Dream Is Dead