Hedge Fund Trade With a History of Blowups Is Back Again
Hedge funds looking to profit from dislocations in the US Treasury market appear to be playing with the
2023-05-13 05:24
Fed’s Extreme Stranglehold Over Wall Street Trading Is Easing
Risky and safe assets alike have hung on every word and deed of Jerome Powell and Co. for
2023-05-13 04:27
California’s Newsom Sees Budget Deficit Deepening to $32 Billion
Governor Gavin Newsom said California is facing a $32 billion budget deficit, a deeper hole than previously projected,
2023-05-13 01:57
Lawsuit Targeting Shell Board Over Climate Failures Thrown Out
A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks.
2023-05-12 23:16
India’s Retail Inflation Eases More Than Estimated in April
Consumer prices in India continued to slide in April, giving the central bank room to keep rates on
2023-05-12 20:16
Economists See South Africa Skirting Recession in First Quarter
South Africa’s economy probably avoided a technical recession in the first quarter, despite more intense power outages. A
2023-05-12 19:50
China Is Scaring Away Foreign Investors That Its Cities Want
China’s unpredictable policy making is deterring foreign investment that the country’s cash-strapped cities are desperate to entice. Local
2023-05-12 17:59
South Africa’s Mashatile to Meet CEOs Amid Investment Strike
South Africa’s Deputy President Paul Mashatile is set to meet captains of industry amid an energy crisis that’s
2023-05-12 16:52
ECB May Need to Tighten Further After the Summer, Nagel Says
The European Central Bank may have to continue raising borrowing costs beyond the summer, according to Governing Council
2023-05-12 16:23
Bank of America to Lead $500 Million Debt Swap for Gabon
Bank of America Corp. will arrange a $500 million debt swap for marine conservation in Gabon, as these
2023-05-12 15:51
Rand Extends Slump as South Africa’s Row With US Puts Trade Ties at Risk
The rand slumped to its weakest level on record against the dollar as a diplomatic row between South
2023-05-12 15:26
Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
The Federal Reserve will likely need to raise interest rates further and hold them higher for some time
2023-05-12 15:24