The Dow Jones Industrial Average is pushing back toward its all-time high, technology shares have surged, sentiment among stock investors is soaring, and recession calls are being scaled back.
Argentina’s talk of ample financing to be provided by the International Monetary Fund on the eve of its presidential election underscores heightened concern over how markets would digest the actual delay in negotiations for a refinancing program.
Armando Pereira, the co-founder and former chief operating officer of telecommunications group Altice, will be released from custody and held under house arrest after being detained in Portugal as part of a sweeping investigation into alleged corruption.
Citadel Securities’ first-half net trading revenue slid 35% from last year’s volatility-fueled surge as the trading firm founded by Ken Griffin seeks to compete with the big banks.
Last year’s plunge in the S&P 500 made uber bear Mike Wilson the most celebrated stock forecaster on Wall Street. It’s a role he has failed to reprise in 2023.
Adobe Inc.’s $20 billion takeover of design startup Figma Inc. is on course for an in-depth investigation from European Union merger regulators, adding to growing global scrutiny of the deal dubbed by Adobe’s boss as “transformational.”
Wall Street’s ravenous appetite for government bills is about to be tested once again, as the Treasury is likely to further ramp up the size of oncoming auctions to rebuild its decimated cash buffer.
Canada revealed new rules to ban some fossil fuel subsidies, targeting those that unfairly advantage oil and gas, solely support sector activities or endorse consumption of fuels that worsen climate change.
Party City Holdco Inc. is retaining documents and data in connection with a Securities and Exchange Commission probe, according to bankruptcy court papers.
Federal Trade Commission Chair Lina Khan defended the agency’s record in court, pushing back on criticism in the wake of its unsuccessful challenge to Microsoft Corp.’s Activision Blizzard Inc. takeover.
