Hedge Fund Treasury Trade That Blew Up Attracts BOE Concern
A leveraged trade in US Treasury futures that has regained popularity with hedge funds poses a risk to
2023-07-12 21:48
Fed's Kashkari: Inflation fight must be won, new stress tests could help
U.S. financial regulators should take steps to ensure banks can withstand further interest-rate hikes should the Federal Reserve
2023-07-12 21:46
European assets jump after U.S. inflation slows
MILAN European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the
2023-07-12 21:24
Exclusive-Barclays eyes smaller units for growth in strategic review, risks investor ire
By Sinead Cruise, Lawrence White and Stefania Spezzati LONDON Barclays is betting it can revive its wilting share
2023-07-12 21:20
Brent Crude Rises Above $80 a Barrel for First Time Since May
Brent crude futures rose above $80 a barrel for the first time since early May amid signs of
2023-07-12 20:56
Nvidia invests $50 million in Recursion to train AI models for drug discovery
(Reuters) -Nvidia invested $50 million to speed up training of biotech firm Recursion's artificial intelligence models for drug discovery, which
2023-07-12 20:50
European Shares Jump as US Inflation Cools; Chip Stocks Rally
European stocks advanced as US inflation cooled more than expected, reducing the possibility of further rate hikes by
2023-07-12 20:46
Italian Football Club Wins Long Delay on State-Backed Loans
A struggling Italian football club has won a reprieve on its state-backed loans in an unusual deal that’s
2023-07-12 20:25
Surging Food Prices Pushes Up India’s Inflation in June
Spiraling prices of tomato, onion and pulses pushed up India’s retail inflation in June, reaffirming expectations of a
2023-07-12 20:21
Fine wine is souring as investment prices sink
Fine wine prices have been rising consistently for years, attracting investors looking to hedge against inflation, economic turmoil and stocks. Recently, the barrier to entry in the wine-as-an-investment market has fallen drastically, with a number of easy-access online brokerages and advisories popping up.
2023-07-12 20:19
McCarthy raises $62.5 million for House GOP
House Speaker Kevin McCarthy raised $21.7 million in the second quarter in 2023 through his joint fundraising committee, the McCarthy Victory Fund, bringing the total amount he raised this cycle to $62.5 million.
2023-07-12 20:19
Farmers Insurance pulls out of Florida, affecting 100,000 policyholders
Farmers Insurance will stop offering its policies in Florida, which includes home, auto and umbrella, in a change that will affect 100,000 people.
2023-07-12 19:54