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Loan Issuers Build in Their Own Rate Cuts as They Wait for Fed
Bloomberg· 20 hours agoHave a confidential tip for our reporters? Leveraged loan issuers are capitalizing on strong...
Goldman Hits $1.30 Pound Bet in Just a Week as BOE Seen on Hold
Bloomberg via Yahoo Finance Canada· 21 hours ago(Bloomberg) -- It took just seven days for the pound to vindicate Goldman Sachs Group Inc.’s bullish...
US Housing Starts Increase on Pickup in Multifamily Construction
Bloomberg· 22 hours agoNew US home construction picked up in June, though a decline in single-family housing starts to an...
Chip stocks shed over $500 billion in value on China trade fears
Reuters via Yahoo Finance Canada· 22 hours ago(Reuters) -Wall Street's semiconductor index lost more than $500 billion in stock market value on...
HSBC names CFO Elhedery as its next CEO
Banking Dive· 22 hours agoHSBC has named CFO Georges Elhedery as its next CEO, effective Sept. 2, the bank said Wednesday. The announcement caps what the bank termed a “rigorous selection process” over the nearly three ...
Deere, Accenture Tell Workers to Stay Home During Conventions
Bloomberg· 22 hours agoHave a confidential tip for our reporters? Deere & Co. and Accenture Plc are among the companies...
Wednesday’s analyst upgrades and downgrades
The Globe and Mail· 24 hours agoA “material” increase in gold and silver prices is likely to translate to higher free cash flow and “trending balance sheet improvements” for Canadian...
Scholz's Cabinet Approves Contentious Federal Budget for 2025
Financial Post· 24 hours agoThe budget blueprint, which foresees net new federal borrowing of €43.8 billion ($47.8 billion), now...
Three-Week-Long Gas Queues in Burundi as Currency Shortage Hits
Financial Post· 1 day agoIn the three weeks taxi driver Jean-Paul Nsabimana spent lining up for gas at a filling station in...
Energy-guzzling AI derails tech firms’ climate goals
The Hill via Yahoo Canada News· 1 day agoAs major technology companies race to take advantage of the artificial intelligence (AI) boom, the energy-guzzling technology is derailing their efforts...