Berkshire-Backed Marubeni Favors Strong Yen
The Japanese trading house favors a stronger yen to better leverage a $12 billion investment plan, its CEO said, as a firmer currency gives it greater firepower for overseas acquisitions.
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Aviva Posts Strong First-Half Profit Growth
The insurer and asset manager's operating profit rose in the first half, though it cut full-year expectations for its health business.
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Bleeding-Edge AI Meets Cutting-Edge Finance. Is This Peak AI?
These new futures contracts would allow investors to hedge and speculate on the cost of renting chips that machines need to train and run AI models.
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Cleveland Fed President Says Central Bank Must 'Act Now' to Bring Down Inflation
Cleveland Fed President Beth Hammack has called out the high level and persistence of inflation.
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Bill Ackman Calls His New Fund's Slumping Stock Price 'Frankly Absurd'
The billionaire investor's portfolio has trailed the broader market since he took the fund, Pershing Square USA, and his firm public in April.
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How the SEC Could Clear the Way for 24/7 Stock Trading
Crypto firms have already dabbled in tokenized stocks, though they're prevented from offering them to U.S. investors except in limited cases.
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This Credit Fund Lends Where Investors Fear to Tread
Blue Owl Technology Finance shares trade at a 31% discount to its portfolio valuation due to fears that AI will disrupt its software borrowers.
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A Problem for Bonds: They Aren't Responding to Softer Inflation Data
A sale of 10-year notes drew the highest government costs since 2007 this week.
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The latest rally has energized the stock market but left the credit market concerned
Options traders are chipper about equities but wary of debt
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Adyen Shares Jump as Earnings Rise and Growth Accelerates
Stock in the Amsterdam-based payments provider rose more than 9% after first-half earnings increased.
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Vanguard Conquered the ETF World. Where It's Aiming Next.
Here's how CEO Salim Ramji plans to bring Vanguard's low-cost, high-return formula to cash savings, financial advice, and active fixed income.
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Eye-Popping Returns Are Drawing Investors Back to ESG
U.S. ESG funds saw inflows in the second quarter for the first time in more than three years, with electricity infrastructure and renewable energy themes behind much of the new cash.
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Financial Services Roundup: Market Talk
Find insight on Adyen, Standard Bank Group, Admiral Group and more in the latest Market Talks covering financial services.
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New York City Launches Sweeping Investigation Into Polymarket and Kalshi
The probe targets the marketing practices of four prediction markets with operations in the city.
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Bank of America to Deploy $250 Billion to Bolster AI and Energy Infrastructure
The bank is joining rivals that are rolling out pledges to back investments in U.S. critical industries.