Hints and tips:
Related Special Reports
...pristine AAA credit rating....
...In the Middle East, BP and Abu Dhabi National Oil Company suspended talks on a $2bn deal to buy a stake in an Israeli gasfield, one of the first major corporate deals to be thrown off course by the war in...
...A top Federal Reserve official has said the US central bank should “push back” the timing of cutting interest rates after “disappointing” inflation data....
...The premier is expected to be hosted at Buckingham Palace and meet Prime Minister Rishi Sunak UK, OpenAI is awarded a Stephen Hawking fellowship by the Cambridge Union Society, the first time one has been...
...Sector-wise, 2023 was all about technology ETFs, which garnered $52.2bn, a light year away from the second most popular sector, financials, with $3.8bn....
...Fink and Ogunlesi, who met when they worked at First Boston before it was bought by Credit Suisse in the 1980s, shared a vision that infrastructure investments would be the fastest-growing part of the private...
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
...But Wells Fargo’s Christopher Harvey is sceptical of anything but a light and fleeting effect: We do not expect Fitch’s downgrade to have a comparable impact to S&P’s 2011 downgrade given: (1) the different...
...Joe Biden delivered a fiery State of the Union address on Thursday, as he hit concerns about his age and vitality head-on. And make no mistake: that was a campaign speech....
...Instead of saying that Trump was a threat to the US Constitution, Pence cited Trump’s lack of a plan to reduce the national debt and his U-turn on TikTok....
...Higher risks make this a market for specialists. The perimeter of the financial junkyard is defined by a rating of BB+ from Fitch and S&P, and Ba1 from Moody’s....
...“There’s a camp of investors growing more concerned about a potential economic slowdown, which would widen credit spreads....
...Deep in one of the most desirable areas of London, an exclusive private members’ club offered tennis fans a glimpse of the stars set to light up Wimbledon next week....
...Peltz explains that his dramatic U-turn primarily reflects his worries about immigration....
...It does look more and more likely that the post-Covid inflationary burst was first caused by a supply shock rather than excess demand....
...After S&P took away its triple A rating for the US, there was little long-term effect on markets....
...He wanted to open a bank account and arrange a credit card for a teenager who was said to have come to the US from Slovakia for “modelling work”, according to documents filed this week in a New York federal...
...High-yield bond defaults have increased this year, with $26bn of defaulted debt in the first seven months of 2023, according to data from Goldman Sachs — exceeding 2022’s full-year total of $18bn....
...They come with a “super-lien”: If the borrowers fail, the FHLBs get paid first, before everyone — including the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC)....
...The NUG said in a statement in October there would be no engagement with the junta “without the assurance of ending the military dictatorship and establishing a federal democratic union”....
...Apple was the first company to achieve a $1tn valuation in August 2018 and two years later became the first company to be valued at $2tn....
...This includes a child tax credit which cut child poverty (despite a partial rebound after the credit’s expiration). But the flipside is a historically large peacetime fiscal deficit....
...The United Auto Workers union said on Thursday that standards for EV adoption should be set “to feasible levels”, tightening “over a greater period of time”....
...First Republic’s credit just got a downgrade to junk from S&P Global Ratings....
...The S&P 500 is down 3.5 per cent since June 30 and is on course for its first quarterly loss in a year. Here’s the outlook for today’s trading....
International Edition