What’s going on here? The US Federal Reserve's 50-basis-point rate cut sent ripples through global financial markets, affecting currencies, bonds, and stocks worldwide. The Federal Reserve's decision ...
In today's Daily Brief, we'll look at the latest AI fund, which could have $100 billion in firepower. "BlackRock, Microsoft, and MGX have formed the “Global AI Infrastructure Investment Partnership” ...
What’s going on here? Analog Devices and Tata Group have inked a deal to explore manufacturing semiconductor products in India, with Tata investing $14 billion to kickstart the country's chip journey.
What’s going on here? The Turkish lira softened a touch to 34.02 against the US dollar on Wednesday morning, while Turkey's BIST 100 index climbed nearly 2% on Tuesday. The slight dip in the lira ...
What’s going on here? ING Bank is turning up the heat on its oil and gas clients, threatening to sever ties with those not committed to net-zero plans by 2026. In its latest move to align with climate ...
The Big Five Portfolio puts 20% in each of these five assets: the Nasdaq (the lion), bitcoin (the leopard), gold (the elephant), long-dated Treasury bonds (the rhino), and inflation-linked Treasury ...
What’s going on here? PJT Partners, a major US investment bank, plans to acquire Dubai-based advisory firm deNovo Partners, with the deal set to close next month. PJT Partners is strengthening its ...
What’s going on here? Traders are betting that the Federal Reserve will kick off a series of interest rate cuts with a significant half-percentage-point reduction on Wednesday. What does this mean?
What’s going on here? The Federal Reserve (Fed) cut interest rates by half a percentage point for the first time in over four years, aiming to provide quick relief to US borrowers. After over four ...
What’s going on here? Independent directors of 23andMe have resigned following CEO Anne Wojcicki's lowball buyout proposal, causing a stir at the genetic testing firm. Anne Wojcicki, who co-founded ...
What’s going on here? Gulf central banks have followed the US Federal Reserve's lead by reducing interest rates to spur non-oil growth and investment after the Fed cut rates by 50 basis points. The US ...
What’s going on here? Fed Governor Michelle Bowman voted against the Federal Reserve’s latest decision to cut interest rates by half a percentage point, favoring a smaller quarter-point cut – the ...