Risky assets may be in trouble now that one-off liquidity injections from global central banks that have been fueling a market rally in recent months have come to an end, according to Citi strategist Matt King.
Away, the luggage company valued at $1.45 billion when it raised capital in 2019, is exploring strategic options including a sale, according to people with knowledge of the matter.
Italian Prime Minister Giorgia Meloni’s right-wing coalition was headed for a resounding victory in elections in the Rome and Milan regions, the alliance’s first test since taking power in October.
Markus Braun, the former chief executive officer of Wirecard AG, denied all charges at a trial over his role in an epic fraud scandal that sparked the spectacular demise of what was briefly one of Germany’s top companies.
The path to price stability sought by the Federal Reserve is likely to be bumpy, with Tuesday’s US consumer inflation report expected to show costs rising briskly from the prior month.
One of the individuals behind Lido Finance, the largest DeFi application for staking cryptocurrency, warned that service providers such as Lido are facing a new range of implications in the wake of the US Securities and Exchange Commission’s clampdown on the sector.
Shaw Communications Inc. briefly fell to its lowest since January after Canada’s industry minister said he’s not required to make a final decision on Shaw’s sale to Rogers Communications Inc. by the Feb. 17 deal deadline.
A judge in Georgia ordered the partial release of a special grand jury’s report on efforts by former President Donald Trump and his allies to undermine the 2020 presidential election — including concerns that some witnesses lied — but will keep secret recommendations on any criminal charges.
US stocks are ripe for a selloff after prematurely pricing in a pause in Federal Reserve rate hikes, according to Morgan Stanley strategists.
Americans anticipate income growth to slow and inflation to stay elevated in the Federal Reserve Bank of New York’s survey of consumer expectations.
