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...radio broadcast by a British monarch, George V at the Empire Exhibition in London, and the first commemorative stamps being issued in Great Britain....
...Analysts said some banks could lift their guidance when they report first-quarter results beginning this week....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...In 1972, a muddy paddy field in Penang became the first production facility outside the US for Intel....
...Economic data: The Federal Reserve publishes its monthly Beige Book on economic conditions across the US and the National Association of Homebuilders updates its housing market index....
...If you owned rate-sensitive, high-risk stocks yesterday you have Unhedged’s permission to sell and take the rest of the year off (Carvana, Zillow, SoFi, et al rose 10 per cent or more)....
...The company said on Wednesday that the National Futures Association, a self-regulatory body for the US derivatives industry, had given permission for small investors to trade futures on tokens such as bitcoin...
...Crude prices fell to multi-month lows yesterday as record US oil production helps to keep prices down. West Texas Intermediate, the US benchmark, slid below $70 for the first time since July....
...On his return to Ghana in 1969, Larbi joined the department of architecture at KNUST and went on to design Kumasi’s National Cultural Center and the Kumasi head office of the Bank of Ghana....
...described as terrorist groups including Hamas and al Qaeda....
...The National Association of Insurance Commissioners reckons private-equity owned insurers had $534bn of investments in total at the end of 2022....
...And the lasting distinctiveness of the NHS being fully funded from taxation derives from Bevan obeying the Socialist Medical Association injunction that the health service should be separate from the National...
...The first issue of our Central Banks newsletter by Chris Giles launched yesterday — read it here....
...Price gains in certain US cities have far outstripped the national average, which is up 6.7 per cent since its January low, according to the S&P Case-Shiller national index....
...And another thing: WeWork, the US office space company SoftBank once valued at $47bn, has warned for the first time that it faces “substantial doubt” about its ability to continue as a going concern....
...Despite these bold statements, he was reluctant to criticise COP28 president Sultan al-Jaber, chief executive of the Abu Dhabi National Oil Company, who has pushed for a slower timeline, compared with the...
...The National Association of Realtors publishes pending home sales for May....
...Materialists at Morgan Stanley blame status anxiety in particular: The bank says “wealth, female empowerment, technology/social media [and] demography” — as well as “social stratification” — are among the...
...banks (FT) Allen & Overy data hit by hackers in ransomware attack (FT) US National Women’s Soccer League signs $240mn media rights deal (FT) UBS issues $3.5bn Dory bond (Alphaville)...
...Letter in response to this article: Don’t use bank crisis as stalking horse to regulate credit funds / From Bryan Corbett, President and Chief Executive, Managed Funds Association, Washington, DC, US...
...And I think you could think of this as a knock against US stocks, right? What about the Mag Seven? What about how concentrated the stock market gains are with Nvidia, Microsoft, Google et al?...
...Ronnie Walker et al. write (our emphasis): — We see two main channels through which a lower response rate can impact the JOLTS job openings statistics....
...Harris, a 59-year-old former prosecutor from California who was elected to the Senate in 2016, became the first woman and the first black person in US history to win the vice-presidency three years ago,...
...To put it more simply: Jiang et al argue there are $2.2tn in mark-to-market losses out there, and there is only $2.2tn in equity in the US banking system....
...It will also assess the US central bank’s annual stress tests....
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