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Shots of Fireball could soon get pricier. The Trump administration’s threatened 50% tariffs on some popular Canadian goods went into effect Saturday morning after trade talks with its northern ally fell apart the night before. President Donald Trump first announced the new round of tariffs last month to “offset Canadian discrimination” against American cars, dairy,…
Sony Music and Warner Chappell want Anthropic to pay up. The publishing companies filed a lawsuit against Anthropic in a Northern California district court on Friday. Anthropic cofounders Dario Amodei and Benjamin Mann were also named in the filing. “Defendants Anthropic and its founders Dario Amodei and Benjamin Mann have conducted a brazen campaign of…
Construction on Citadel‘s $2.5B Miami headquarters is on indefinite hold following an accident last week in which a drilling rig collapse sent four people to the hospital. Bisnow/Chloe Gallivan The stalled construction site for Citadel’s headquarters following a rig collapse The accident is under investigation by federal and county safety officials, and the Miami-Dade County…
CME Group said Monday that its FX futures and options reached a new open interest record of 4,410,167 contracts on 4 September, surpassing the previous high of 4,269,622 contracts set on 11 June. The derivatives exchange operator revealed that the number of large open interest holders in FX futures reached an all-time high of 1,446,…
Artificial intelligence is changing how organizations analyze property and housing market data. Instead of always starting with datasets, database queries, or manual analysis, AI can provide a more intuitive way to explore market trends and uncover insights. For organizations working with large volumes of property data, this can help shorten the path between asking a…
Leading asset managers T. Rowe Price announced the acquisition of $19 billion F/m Investments in a press release Thursday afternoon. The deal brings F/m’s suite of leading fixed income strategies and ETFs into T. Rowe Price’s fund stable, reinforcing those areas in the latter’s list. The move is expected to increase T. Rowe’s fixed income…