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...But, as S&P puts it when explaining why U.S....
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...At nearly 12 per cent it dwarfs the 7.5 per cent that US high-yield bonds pay, and is close to the effective yield of super-junky triple-C bonds....
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...to c.$1.2bn....
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...Nancy Mitford’s 1954 essay “The English Aristocracy” was one of the first to codify a system: her work was based on an article by Professor Alan S C Ross, of the University of Birmingham, in which he argued...
...authorize the United States Department of Justice “to attend to the interests of the United States” by “argu[ing] any case in a court of the United States in which the United States is interested.” 28 U.S.C...
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...Since it is a 501(c) (4), No Labels is not required to disclose its donors....
...The AI meeting is a British initiative, taking place alongside the G7’s “Hiroshima AI framework”, which has been set up to co-ordinate global regulation of the new sector....
...To shamelessly reuse a meme: (We’d love to talk about renting more....
...From S&P’s definitions: A short-term obligation rated ‘D’ is in default or in breach of an imputed promise....
...I have to negotiate with a tyrannical maître d’ to get a stage view. Someone at my table orders a shrimp cocktail; the table behind me drinking Martinis....
...Unhedged has written at tedious length about private credit, 2023’s hottest asset class....
...The S&P 500 is within a per cent or two of taking out the all-time high it set in late 2021. Most bond funds are likely to end the year with gains, too....
...where the city centre stands today was part of a rich, old-growth forest, and Douglas firs (evergreen conifers that can grow to 55m tall) lined the banks of False Creek, the body of water that forms a U-shape...
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