Bruised by their last encounter with robust US employment data, some bond investors have retreated into a guarded market outlook ahead of next week’s February jobs report: that short-maturity Treasury yields will widen their advantage over long-dated ones.
Private credit is going places that big banks wouldn’t dare.
Former Brazilian President Jair Bolsonaro got an enthusiastic welcome from US conservatives gathered in suburban Washington and said his “mission is not over” while leaving open the possibility that his movement might continue without him.
Authentic Brands Group Inc. is nearing a deal to pay about $1.3 billion for the parent of Quiksilver and Billabong surfwear brands, according to people familiar with the matter.
Alan Blinder was one of the most-prominent voices this year to express optimism the Federal Reserve could engineer a soft landing by taming inflation without triggering a recession.
Federal Reserve Bank of San Francisco President Mary Daly said policymakers will likely need to raise interest rates higher and maintain them at elevated levels for a longer period of time.
The Biden administration is nearing completion of an executive order that would restrict investments by US companies in parts of the Chinese economy, including advanced technologies that could enhance China’s military and intelligence capabilities, people familiar with the matter said.
The United Nations atomic watchdog said Iran still needs to explain precisely how uranium particles enriched to just-below weapons grade came to be at one of its fuel facilities, walking back assertions made just hours before by Tehran’s top nuclear official that the issue was settled.
Goldman Sachs Group Inc.’s asset management arm and Bain Capital are among parties interested in acquiring the sandwich chain Subway, Sky News said.
The Bank of Canada is limited in how much its interest rate increases can lag behind those of the Federal Reserve, with the gap threatening to weaken its currency and fuel inflation, according to an economist at Bank of Nova Scotia.
