One Trader Defies ECB With Bet Rates Back at Zero Within a Year
One trader is defying the European Central Bank’s tough talk on inflation by betting that interest rates will be back at zero by this time next year.
Bloomberg Business
Hedge Funds Seen Targeting Deutsche Bank in ‘Irrational’ Slide
Deutsche Bank AG shares fell and the cost of insuring its debt against default rose in sudden moves that some attributed to hedge funds seeking to profit from the broader turmoil roiling the financial industry.
Trump’s Lawyer to Testify Before Grand Jury Probing Classified Documents at Mar-a-Lago
Donald Trump’s defense attorney Evan Corcoran spent more than three hours at the federal courthouse in Washington Friday, appearing before a grand jury probing the handling of classified documents after the former president left office and whether US efforts seeking their return were obstructed.
Spain Urges LNG Importers to Diversify Away From Russian Supply
Spain, the biggest European buyer of liquefied natural gas from Russia, is urging importers not to sign new contracts with Moscow as it seeks to crimp revenues for the Kremlin’s war machine.
Howard University Tackles Persistent Housing Woes With Bond Deal
Howard University’s Harriet Tubman Quadrangle dormitory, nicknamed The Quad, housed many of the school’s most notable alumni, including Toni Morrison and US Vice President Kamala Harris. But the rich history has been marred in recent years by questionable conditions at the 648-bed dorm.
RBC Snares Gluskin Wealth Managers as Onex Abandons Strategy
Onex Corp. has walked away from a strategy of expanding in private wealth as it refocuses on its core business of managing private equity and credit funds.
France Asks Airlines to Extend Flight Cuts Through Wednesday
French authorities have asked airlines to continue cutting flights through next Wednesday amid strikes over a retirement reform law.
Miami Beach Mayor Wants to End One of the US’s Wildest Parties
Miami Beach Mayor Dan Gelber wants to crush one of the US’s biggest parties.
Bank of America Trims Banking, Lending Group Amid Industry Slump
Bank of America Corp. is trimming its wealth-management, banking and lending group as higher interest rates continue to crimp business on Wall Street, forcing banks to make broader cuts.
Trump Says DA Bragg Risks ‘Death and Destruction’ in Hush Money Case
Donald Trump warned there could be violence if he’s indicted by a Manhattan grand jury in an escalation of verbal attacks on prosecutors investigating the former president for potential crimes.
