The US Cities Where Inflation Is Cooling the Most
Minneapolis and Honolulu became the first major US cities to see inflation fall back in line with the Federal Reserve’s national target since the pandemic price surge began in 2021.
Bloomberg Business
These Cryptocurrencies Are Getting Hit Hardest Under the SEC Crackdown
They range from the brainchild of a winner of computer science’s most prestigious award to a crypto token supporting the biggest blockchain-based video game. But they all have one thing in common, according to the US Securities and Exchange Commission: They are all securities.
Tinubu’s 15 Days Give Market a Glimpse of Nigeria Turnaround
Just two weeks into the job, Nigeria’s President Bola Tinubu has pulled the right levers for markets: ridding the country of a costly fuel subsidy, removing a controversial central bank governor, and promising to unify a web of varying exchange rates.
Cannabis Maker to Go Public in Reverse Merger With Oil Producer
A cannabis oil company is poised to go public next week in a landmark deal, sidestepping Canada’s downtrodden traditional IPO route after merging with a long-standing, listed crude producer.
AI Hype Starting to ‘Smell Like Dot-Com Era’ to ESG Veteran
The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market in a very short space of time, and that has implications for tech-heavy ESG funds.
Impossible Foods’ Workers See Their Shares Tumble 89% Since 2021
The decline of plant-based meats has decimated the value of shares that Impossible Foods Inc. offers to employees.
German Far-Right Party Overtakes Chancellor Scholz’s Social Democrats in Poll
The far-right AfD leapfrogged Chancellor Olaf Scholz’s Social Democrats to rank as Germany’s no. 2 party in a Forsa poll for broadcaster RTL for the first time.
As Iran Emerges From Isolation, Israel Is Feeling Cornered
Officials doubt the country can strike a decisive blow against the Islamic Republic without help from the US.
Core Services Inflation Cools in Key Puzzle Piece for Fed Pause
US services prices excluding housing and energy, a category closely monitored by Federal Reserve Chair Jerome Powell, just notched its smallest annual advance in 15 months, bolstering the case for a pause in interest-rate increases this week.
Arm Courts Intel as Anchor Investor in Upcoming IPO
Arm Ltd., the chip designer backed by SoftBank Group Corp., is in talks with potential strategic investors including Intel Corp. to anchor what will be one of the largest initial public offerings of the year, people familiar with the matter said.
