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...And the contract says, I’m going to buy your restaurant for $1mn, and I’d write you a cheque. You’d get the money, I get the restaurant, and we would go on our separate ways....
...Katie MartinSo in real life, this person who’s giving you $1bn or like the person in the street who’s just, like, looking at how fund managers perform, ultimately they look at the S&P 500 and they say, well...
...Then I’d kick back with friends and contemplate the beauty of western civilisation. I’m in awe of Washington, this handsome city, the cultural capital of the USA....
...“I’m a little surprised that things haven’t gotten worse for oil and gas,” he said, citing risks of attacks on energy infrastructure....
...US stocks looked set to fall for the sixth consecutive session in what would be Wall Street’s longest losing streak since October 2022 amid a global sell-off sparked after Israel launched retaliatory strikes...
...But let’s tackle the elephant in my bedroom first: zero Wall Street. The headline to my July 28 column last year was: “Help me doctor. I’m selling the US and buying Asia.”...
...Dealing with the dividends doubters So, I’m not saying Daniel Peris got lucky....
...Wall Street’s benchmark index was down 1.1 per cent during Wednesday afternoon trading in New York....
...A blowout quarter was poised to end with a whimper on Thursday as investors chose to hold off bets ahead of fresh inflation figures and comments from Fed chair Jay Powell....
...European stocks rose in early trading on Friday, following Wall Street higher and rebounding from a steep sell-off in the previous session....
...Writing this newsletter has been a privilege, and I’m going to miss it. Later this year, I’ll start as Asia correspondent at The Economist, where I’ll be based in Singapore....
...“The risk was that the market would keep rallying and that they’d underperform.”...
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
...Partly because it’s been subject to some MainFT scrutiny as a potential M&A candidate recently....
...Wall Street’s benchmark S&P 500 was up 0.4 per cent shortly after the opening bell in New York. The tech-heavy Nasdaq Composite rose 0.5 per cent....
...Energy stocks rose on Wall Street as the price of oil ticked higher and Morgan Stanley’s analysts turned bullish on the sector....
...Edwin Heathcote authors a jumbled argument in “Hollowed-out department stores can help the high street” (Opinion, February 17)....
...A former cabinet member added: “If that happens, there will be a confidence vote. He’d survive, but he’d be seriously weakened.”...
...My cab driver said they’d reclassified it as a “quarter” so they could charge Carnaby Street rents in the less glamorous Soho side roads. Not, by any means, the most paranoid theory he expressed....
...Wall Street looked set to rebound slightly after a steep sell-off in the previous session....
...I’d say it’s impossible. Ethan WuYeah, it would need to create a new business line. And which is why you’re seeing in the IPO documents they mentioned AI like 50 or 60 times, right?...
...The benchmark S&P 500 slipped 1.2 per cent, with 85 per cent of stocks falling. The Nasdaq Composite lost 1.8 per cent as every Magnificent Seven tech stock fell....
...And you’d have been worrying about inflation a year and a half before Jay Powell said it was “probably a good time to retire” the “transitory” label: Monetarism, the idea that changes in the quantity of...
...The S&P 500 closed at a record high, even after US inflation data showed price pressures in the world’s largest economy were not cooling as quickly as Wall Street expected....
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