Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk met senior Chinese trade officials in Beijing on Sunday as the Tesla chief faces questions over slowing sales growth for his electric vehicles and data security concerns in the world’s biggest car market.
Investors are pushing back their expectations of interest rate cuts around the world, as the US Federal Reserve’s battle with price pressures complicates other central banks’ loosening plans. As the US reported the latest in a string of poor inflation figures, markets reined in their forecasts for rate cuts by the European Central Bank and
In this article WOLF Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes executives and guests from Wolfspeed (NYSE: WOLF), on Oct. 4th, 2021, in celebration of its listing. NYSE Company: Wolfspeed (WOLF) Business: Wolfspeed is a semiconductor company focused on silicon carbide technologies. The company provides solutions for efficient energy consumption
Microsoft and Google’s owner Alphabet have quashed investor scepticism around the vast sums spent on developing artificial intelligence, after being boosted by rampant corporate demand for their cloud computing services. The combined market value of the two US tech giants rose by more than $250bn on Friday, a day after each reported double-digit revenue growth
Municipals held steady Friday ahead of a sizable $7 billion, new-issue slate with a mix of credits across the spectrum, from healthcare to housing to toll roads and bellwether general obligation issuers. U.S. Treasuries improved across the curve while equities rebounded after another volatile week across markets. “Bond market investors are all wishing that April was behind us as they
The California Treasurer’s office will relaunch its DebtWatch website on May 1, offering a more user-friendly format with vastly more data than the original 2015 version. The website’s software will allow investors, issuers and taxpayers to access all the data the California Debt and Investment Advisory Commission gathers on bond issuance to allow them to
On Thursday the Governmental Accounting Standards Board requested feedback via a survey designed to aid the board’s tinkering with standards and disclosures regarding infrastructure and capital assets. “We would like feedback from users of governmental financial statements on what information would have a meaningful effect (more than ‘nice to know’) on their analyses for decision making or assessment
In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT While the spring housing market has been plagued with low supply, high prices and spiking interest rates, would-be homebuyers are focusing on new construction. The reason? New homes have more incentives and availability than previously owned ones. “There’s more opportunity in new construction,” said Nicole
Investors should be aware of risks that Build America Bonds pose if called under an extraordinary redemption provision, as many of these could result in losses, especially if the bonds were purchased at a premium,the Municipal Securities Rulemaking Board warned Friday. That comes amid expectations that issuers will redeem $20 to $30 billion in BABs
Loading… Loading… The performance of the U.S. corporate bond market in the first quarter of the year was generally flat, though there were notable distinctions between the high-grade and high-yield sectors. Bonds issued by companies with higher credit ratings (BBB and above) experienced a slight downward trajectory, as showed by the iShares iBoxx $ Investment
NEW YORK U.S. births fell last year, resuming a long national slide. A little under 3.6 million babies were born in 2023, according to provisional statistics released Thursday by the Centers for Disease Control and Prevention. Thats about 76,000 fewer than the year before and the lowest one-year tally since 1979. U.S. births were slipping
Shocking video footage captures the moment that an out-of-control passenger brawls with the driver of a moving bus — which crashes into an Oklahoma City business. The wild clip shows straphanger Tihron Harrison wailing away at the driver Wednesday as the bus traveled near North Western Avenue and West Britton Road on Saturday — with
A top NYPD official schooled Rep. Alexandria Ocasio-Cortez and slammed Columbia Universitys entitled demonstrators after the congresswoman railed against the schools decision to call in cops amid ongoing campus chaos. Not only did Columbia make the horrific decision to mobilize NYPD on their own students, but the units called in have some of the most
Welcome to the Cultural Singularity — School athletic director arrested for framing principal using AI voice synthesis Police uncover plot to defame principal with AI-generated racist and antisemitic comments. Benj Edwards – Apr 25, 2024 3:30 pm UTC EnlargeGetty Images reader comments 39 On Thursday, Baltimore County Police arrested Pikesville High School’s former athletic director,
Loading… Loading… Editor's note: The headline of this story has been updated to reflect that Interactive Brokers' new desktop product is in addition to, rather than a replacement of, the TWS platform. Interactive Brokers Group Inc IBKR recently launched an updated desktop trading applicationfor Windows and Mac users. Benzinga spoke with Steve Sanders, the firms
Republicans are taking mixed messages from Tuesday’s primary in the battleground state of Pennsylvania after former South Carolina Gov. Nikki Haley received 16.6% of the vote more than seven weeks after suspending her presidential campaign. The Keystone State contest was open only to registered Republicans, and some observers are warning that Haley getting more than
Loading… Loading… ARK Investment Management LLC predicts that five disruptive technologies could reach a total market value of $220 trillion by 2030. According to the latest white paper, Platforms Of Innovation How Converging Technologies Should Propel A Step Change In Economic Growth, the Cathie Wood-led investment company explores the ascendance of five critical technologies: Artificial
Still waiting for that Tesla phone — A Polestar Phone now inexplicably exists Polestar normally makes electric cars, but now it’s releasing a phone. Ron Amadeo – Apr 24, 2024 9:41 pm UTC reader comments 58 The Polestar Phone. Someday it will unlock your Polestar car. Polestar There are a few Polestar decorations, like the
Meta Platformsdisappointed investors on Wednesday with forecasts of higher expenses and lighter than expected revenue, evaporating $200 billion in stock market value and raising fears that the surging cost of AI is outpacing its benefits. Shares of the Facebook and Instagram parent dropped about 15% in extended trade following the report, with its market capitalization
Loading… Loading… Kaspi.kz JSC ADR KSPI witnessed a 7% decline in its shares on Monday, April 8 after severe flooding struck rural regions of Kazakhstan. Such occurrences are not uncommon in Kazakhstan. However, the flooding is reported to be the worst natural disaster to hit the nation in 80 years, according to President Kassym-Jomart Tokayev.
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