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Out of more than 1,000 U.S. adults surveyed, 71% expect inflation to get worse over the next 12 months, Allianz said. This represents an increase from 60% in a company survey at the end of 2024. Also, ...
Along with targeting law firms and cities, the Trump administration has sought sweeping changes to universities.
The US economy is set to lose billions of dollars in revenue in 2025 from a pullback in foreign tourism and boycotts of American products, adding to a growing list of headwinds keeping recession risk ...
Billionaire hedge fund manager Bill Ackman has donated $250,000 to a super PAC supporting former New York Governor Andrew Cuomo in New York City’s mayoral race.
Fund mangers are “max bearish on macro, not quite max bearish on the market,” strategists led by Michael Hartnett wrote in a note. “Peak fear” is not yet reflected in cash allocations, which currently ...
Concerns that tariffs will cause a near-term spike in inflation and curb the Federal Reserve’s ability to cut interest rates have capped gains at shorter-dated Treasuries. US 10-year breakevens, a ...
For decades, Goldman alumni have helped steer the American economy. Steven Mnuchin, Hank Paulson and Robert Rubin were Goldman executives before become Treasury secretaries, and Gary Cohn left the ...
The net pension liability of the four retirement funds the city contributes to rose about 5% to $37.2 billion as of Dec. 31, 2023, according to the city’s latest annual financial report. The institute ...
StoneX Group Inc., the New York-based financial services company, agreed to buy R.J. O’Brien & Associates in a $900 million deal to bulk up in global derivatives.
Earnings Hopes Bulls are clinging to hopes for a crucial stretch when Corporate America reports its earnings and updates its growth outlook. Stock market optimist Tom Lee of Fundstrat, for example, ...
GIX plans to be the first exchange in the US dedicated to the sustainability economy. The SEC approval order is “an important step forward for sustainability-minded investors and companies,” said Dan ...
The U.S. tariffs triggered the market's meltdown. Even if the market recovers, the uncertainty surrounding tariffs and other U.S. policies could adversely impact it. The question isn’t whether the ...
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