Hints and tips:
...Productivity-hype bubbles are usually separated by at least 25 years and usually form at the end of a secular bull market, when aggregate profits are coming under pressure, say Garthwaite et al....
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...They followed the Pinault family of Ch Latour et al, who, in 2013, bought what is now called The Eisele Vineyard from the Araujos, and were so confident of their savoir-faire that they didn’t even impose...
...His son Lachlan will inherit the company and potentially costly legal baggage....
...Founded by Australian financier Lex Greensill and advised by former UK prime minister David Cameron, Greensill imploded in early 2021 after it failed to extend the terms of its insurance....
...say Jonas et al. Yes it can! Look! And look! And look! That’s Tesla on an EV of 28.3 times 2025 ebitda, per Morgan Stanley forecasts, which is more expensive than Nvidia’s 25.3 times ebitda....
...Policymakers yesterday signalled that interest rates would need to remain higher for longer, diverging from the US Federal Reserve....
...shifting to New York....
...Assured Guaranty, a New York-listed insurance company, has amassed more than $10bn of exposure to UK water utilities and recently struck more deals in the space....
...Here’s Citi’s Andrew Coombs et al. then: For the European banks, we see less risk of deposit flight and believe they have more liquid balance sheets....
...Nationwide, the average rate on a traditional savings account stands at 0.39 per cent, up from 0.06 per cent a year ago, according to the Federal Deposit Insurance Corporation....
...In breaking down the deal, the Federal Deposit Insurance Corporation said First Citizens would take over $72bn of SVB’s assets, $119bn of its deposits and its 17 branches....
...The Federal Reserve pressed ahead with a quarter-point rate rise to a new range of 4.75 to 5 per cent despite the banking turmoil....
...Then, the hidden leverage and maturity mismatch in pension funds’ and insurance companies’ portfolios — generally supposed to be long-only — could pose a policy challenge....
...Prosecute fraud, maybe regulate crypto exchanges like casinos, and keep the SEC et al out of it. This is a disagreement about how to cordon off crypto so that when crypto burns, it is controlled....
...Kim Kardashian is launching a private equity firm to acquire stakes in fast-growing media and consumer companies....
...Helping fund his American dream is former Qatari prime minister Sheikh Hamad Bin-Jassim Bin-Jaber Al Thani, who has purchased a further 25 per cent of his business in a deal that makes them 50/50 partners...
...against Donald Trump and family For up-to-the-minute news updates, visit our live blog Need to know: the economy The US Federal Reserve announces its decision on interest rates today at 2pm ET (7pm London...
...They say new owners can help companies streamline their operations, pushing them to become more competitive....
...For up-to-the-minute news updates, visit our live blog Need to know: the economy The US Federal Reserve announces its interest rate decision at 2pm ET/7pm UK today against the backdrop of surging consumer...
...Go deeper The Fed must emulate the tactics of Volcker’s fight against inflation, writes former chair of the US Federal Deposit Insurance Corporation Sheila Bair. Five more stories in the news 1....
...The FANG+ index — which includes Tesla and Baidu as well as Facebook et al — may be only down a little at pixel time, but it has plunged by just over a quarter since the turn of the year....
...He moved on to call options in companies with volatile share prices, riding the price swings, writes Madison Derbyshire in New York....
...She got a job as the head of media relations to a powerful Greek businessman who owned media and insurance companies....
...Maybourne is ultimately owned by Qatar’s former prime minister, Sheikh Hamad bin Jassim bin Jaber al-Thani, and its former emir, Sheikh Hamad bin Khalifa al-Thani....
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