Ackman's bet against US Treasuries pays off with $200 million profit
By Svea Herbst-Bayliss NEW YORK Billionaire hedge fund manager Bill Ackman, who traditionally invests in stocks, earned roughly
2023-10-26 03:57
Yellen says community banking investments boost lending to Black, Latino firms sharply
WASHINGTON U.S. Treasury Secretary Janet Yellen said on Wednesday that $8.5 billion in COVID-era investments in community development
2023-10-26 03:29
A $6 Trillion ESG Headache Is Bleeding Into Fund Flows
The world’s biggest ESG fund category is also by far its most opaque, and that’s starting to bug
2023-10-26 01:26
Bank of Canada holds interest rate at 5%, sees weak growth and stubborn inflation
TORONTO The Bank of Canada on Wednesday held its key overnight rate at 5.0% as expected and forecast
2023-10-25 22:55
Sternlicht Says US Rates Need to Drop on Debt Costs: FII Update
Starwood Capital Group’s Barry Sternlicht said the Fed will be forced to halt rate hikes as the pace
2023-10-25 21:54
Deutsche Bank shares surge as it promises more cash for investors
Shares in Deutsche Bank surged nearly 7% Wednesday after it said strong earnings meant it could pay out more cash to shareholders over the next two years than previously anticipated.
2023-10-25 19:19
Spooky Season: How to overcome money fears
By Chris Taylor NEW YORK We all have questions about money, but here is one you may not
2023-10-25 18:18
US Presses Gulf Allies to Help Stem Fresh Fundraising for Hamas
The US has called on Gulf Arab states to help clamp down on a suspected increase in fundraising
2023-10-25 17:56
Israel’s Rating Outlook Cut to Negative by S&P on War Risks
Israel’s credit outlook was cut by the last of the three major rating companies that kept it at
2023-10-25 17:46
Australian court finds Carnival misled about cruise's COVID risks in landmark ruling
By Lewis Jackson SYDNEY (Reuters) -Carnival Corp's Australian unit has been ordered to pay the medical expenses of a woman
2023-10-25 16:19
Biden, Saudi Crown Prince Discuss Efforts to Contain Israeli-Hamas Conflict
US President Joe Biden and Saudi Crown Prince Mohammed bin Salman spoke on Tuesday as part of efforts
2023-10-25 14:52
Kotak’s New Outsider CEO Seen as Break From Billionaire Founder
India’s central bank backed an outsider with little experience in the country to lead Kotak Mahindra Bank Ltd.,
2023-10-25 13:51