Trump, Vance and Bessent try to calm the bond market with ‘alternative facts’
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count.
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European indices close the day and the week mostly higher.
European equities finished the week with a generally positive tone, although gains were modest across most major benchmarks. Investor sentiment remained supported despite ongoing uncertainty surrounding central bank policy, global growth, and trade developments. Most of the major indices are near all-time record levels. FTSE MIB (Italy): +0.13% to 52,172.54 Italy outperformed most of the…
In Likely a Culver City Record, Black Equities Buys Multifamily Asset for $106M – Commercial Observer
Culver City, CA – February 12: An aerial of the Kirk Douglas Theatre on in Culver City. photo: Kayla Bartkowski / Los Angeles Times Stanley Black’s Beverly Hills-based investment firm is closing on a nine-figure mixed-use acquisition in another small city a few miles away. Black Equities has paid $106 million for a 115-unit property…
UGI Crosses Above Average Analyst Target
In recent trading, shares of UGI Corp. (Symbol: UGI) have crossed above the average analyst 12-month target price of $38.50, changing hands for $38.55/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst…
Entrepreneur Bilked Former Siemens CEO of Nearly $2 Million, Feds Say
In 2023, a wellness entrepreneur pitched Klaus Kleinfeld, the former CEO of Siemens and Alcoa, on an opportunity to invest in Deepak Chopra’s meditation app. Kleinfeld invested $2.5 million. Now federal prosecutors say the entrepreneur, Wanja Oberhof, embezzled most of that money, using it for personal expenses including back rent on his nearly $20,000-per-month Manhattan…
OpenAI launches a rival to Meta’s Muse, as the battle for AI agents kicks into high gear
Personal AI assistants are shaping up to be the new frontier for tech companies.
Breakfast News: The 20-Year Stock Challenge
OCTOBER 3, 2026 Warren Buffett once sat down with Coca-Cola’s (KO -0.52%) annual report from 1896, which is a level of homework most investors will never attempt. He observed how the company sold 116,492 gallons of syrup that year. A century later, it sold 3.2 billion. For Buffett, the report was proof of a rule…
