Look closer, and Wall Street’s rally is showing cracks
Major stock indexes hovering near records are masking a market straining under elevated oil prices, rising Treasury yields and a Federal Reserve bracing for additional interest-rate hikes.
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Senate report: Three big banks ignored red flags on Epstein
Senator Ron Wyden, D-Ore., the ranking member of the Senate Finance Committee, released a report on convicted sex trafficker Jeffrey Epstein. Joshua Roberts/Bloomberg Processing Content Key insight: Sen. Ron Wyden, D-Ore., said JPMorganChase, Deutsche Bank, and Bank of America ignored evidence of sex trafficking and money laundering to maintain relationships with Jeffrey Epstein and billionaire…
DeepSeek founder’s quant fund piles into China tech IPOs
Liang Wenfeng, founder of startup DeepSeek, delivers the keynote speech during the 10th China Private Equity Golden Bull Awards on August 30, 2019 in Shanghai, China. Vcg | Visual China Group | Getty Images DeepSeek, the lab that put Chinese artificial intelligence on the map last January, has long been financed by High-Flyer Quant, its…
RBI faces $100 billion unwinding challenge after record defence of rupee | Finance News
By Bhaskar Dutta, Subhadip Sircar and Anup Roy Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a persistently weak rupee. It now faces the challenge of unwinding that position without destabilizing the currency market. With a spate of recent…
Trump calls Walmart ‘patriotic’ for cutting beef prices — in a stark change of tune
The president hasn’t always approved of Walmart’s moves, having criticized the chain’s response to tariffs last year.
London Square completes £100m Hyde deal for 337 affordable homes
The transaction is London Square’s largest affordable housing deal to date. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Already have an account? Log in Previous articleUnion Investment signs 10,000 sqm lease at…
