Hints and tips:
...New York Fed president John Williams at a conference on Thursday said he did not feel any “urgency” to cut interest rates because of current levels of inflation....
...But for Michael Kushma, chief investment officer of broad markets fixed income at Morgan Stanley, “the Fed has switched its focus from inflation to growth”....
...Judge Arthur Engoron has already found that the former president and his adult sons, Donald Jr and Eric, inflated their wealth by as much as $2.2bn in order to secure loans for their family business on advantageous...
...Japan: Japanese prime minister Fumio Kishida will hold talks with Philippine president Ferdinand Marcos Jr in Tokyo....
...The S&P 500 has risen more than 14 per cent this year, and with two weeks still to go, this is already one of the best half-years for the index in two decades....
...Wall Street’s blue-chip S&P 500 oscillated between small gains and losses as it reopened after a long weekend, before closing 0.2 per cent lower. The tech-heavy Nasdaq Composite added 0.1 per cent....
...Rick Palacios Jr of John Burns Real Estate Consulting tells us that the majority of BTR tenants they survey who are looking at single-family homes have children and/or pets....
...Wall Street’s blue-chip S&P 500 oscillated between small gains and losses before closing 0.2 per cent lower. The tech-heavy Nasdaq Composite added 0.1 per cent....
...The drop in bank stocks helped drag the US blue-chip S&P 500 down 0.7 per cent, while the tech-heavy Nasdaq Composite finished flat....
...The S&P 500 index fell 1.8 per cent and the Nasdaq Composite lost 1.9 per cent....
...The KBW Nasdaq Bank index ended up 0.8 per cent, with heavyweights such as JPMorgan Chase and Morgan Stanley rising 1.1 per cent and 1.8 per cent, respectively....
...The blue-chip S&P 500 ended the day up 2 per cent to end a six-session losing streak. The tech-heavy Nasdaq Composite rose 2.1 per cent....
...Puck’s William Cohan does a deep dive into the deal....
...US markets are closed for the Martin Luther King Jr holiday, after Wall Street’s blue-chip S&P 500 notched its largest weekly gain in two months on Friday....
...gillian.tett@ft.com Letter in response to this comment: Caveat in your otherwise excellent economy analysis / From William Jacobson, Sarasota, FL, US...
...Goldman Sachs’ global head of people science Julie Zide-Mandel has joined Morgan Stanley as head of people analytics....
...Dr Pepper Snapple Group Q4; Budweiser Q4; CBRE FY; Warner Bros Discovery Q4; BAE Systems FY; Telefónica FY; Coterra Q4; Live Nation FY; Serco FY; Drax FY; Rolls-Royce FY; Spectris FY; Greencoat UK FY; Morgan...
...Nobel Prize winner William Nordhaus, who began modelling climate change as far back as 1975, describes this as the thorniest problem of all....
...In the political uproar and shaking certainties, the US television network ABC tries to boost poor ratings with a series of late-night debates between arch-conservative William F Buckley Jr and maverick...
...company Williams Trading....
...Texas’ 34th District holds a special election to fill the House seat vacated by Democratic Representative Filemon Vela Jr....
...JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley and Bank of America said they handed out $142bn in pay and benefits in 2021, up from $124bn in 2020. 3....
...Yesterday was another choppy day on Wall Street, with the Nasdaq ending 2.3 per cent lower and the S&P 500 dropping 1.2 per cent....
...Wall Street’s broad-based S&P 500 gauge has slipped 2.2 per cent over the same period....
...JPMorgan and Morgan Stanley recently acted as bookmakers on £1bn of debt issued to fund gambling company 888’s takeover of William Hill’s European operations....
International Edition