Another inflation report just flashed warning signs

Joo joined the bank in 2006. Credit: Sergei Elagin/ Shutterstock.com. Mike Joo, co-head of global investment banking at Bank of America, is set to leave the bank for an “external opportunity”, according to an internal memo seen by Private Banker International.  “We appreciate Mike’s contributions to the firm and his leadership over the years,” the memo read.  Access…

Uber Co-Founder Travis Kalanick’s company Atoms raised $1.7 billion to develop physical artificial intelligence (AI) for all the major industrial sectors. “Mining, construction, heavy transport, food production are just a few examples of atoms-heavy industries awaiting massive digital transformation,” Kalanick said in an announcement on the company’s website. “Multiple trillion-dollar industries rapidly transforming over the next decade powering…

Business Published: Wednesday, September 30, 2026, 12:22 [IST] The SRIT India IPO has received strong investor interest on the final day of bidding, with the issue getting 19.33 times subscription by noon on September 30th. At the same time, the SRIT India IPO Grey Market Premium (GMP) has climbed to Rs. 33, indicating a potential…

Traders extended their short bets against US government bonds, signaling the selloff that has taken long-term yields to near a 24-year high has room to continue.  Processing Content Some raced to cover bearish positions soon after weak employment figures were released on Friday, contributing to a short-lived bond rally.  But since then, open interest, or…