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Gold gains to another new record high
NEWS INDUSTRY NEWS OCT 30, 2024
Gold gains to another new record high

Bullion has reached new milestones frequently in recent months.

Why the US banking industry may be the big opportunity right now
NEWS INDUSTRY NEWS OCT 30, 2024
Why the US banking industry may be the big opportunity right now

Former Barclays chief Diamond says consolidation is key.

UBS envisions an eventual US wealth firm acquisition, says Chairman Kelleher
NEWS WIREHOUSES OCT 29, 2024
UBS envisions an eventual US wealth firm acquisition, says Chairman Kelleher

The world's biggest wealth manager is looking to extend that dominance in the planet's largest wealth market – after it settles its unfinished business with Credit Suisse.

B. Riley eases debt pressure further with $236M asset sale
NEWS BROKER DEALERS OCT 29, 2024
B. Riley eases debt pressure further with $236M asset sale

The troubled company is continuing to shore up its ailing balance sheet as part of a longer road to refocus on its core financial services business.

Goldman CEO expects soft landing for economy, more deals
NEWS INDUSTRY NEWS OCT 29, 2024
Goldman CEO expects soft landing for economy, more deals

But David Solomon is concerned about the Middle East conflict.

Corporate America earnings may have reached the bottom
NEWS INDUSTRY NEWS OCT 29, 2024
Corporate America earnings may have reached the bottom

Word mentioned in results more than last year, better times may be ahead.

Gold close to new high ahead of key data releases
NEWS INDUSTRY NEWS OCT 29, 2024
Gold close to new high ahead of key data releases

US inflation and payroll stats are due this week.

Consumers just modestly confident in Fed's economic management, finds survey
NEWS INDUSTRY NEWS OCT 28, 2024
Consumers just modestly confident in Fed's economic management, finds survey

Research reveals limited trust in the central bank, with sentiment levels split across political lines.

Bond vigilantes could make a comeback, says Ed Yardeni
INVESTING FIXED INCOME OCT 28, 2024
Bond vigilantes could make a comeback, says Ed Yardeni

A glaring absence of deficit discussions ahead of the November 5 presidential election could set the stage for movement in the fixed income markets.

Blackstone-owned Hipgnosis plots $1.47B music bond sale
INVESTING ALTERNATIVES OCT 25, 2024
Blackstone-owned Hipgnosis plots $1.47B music bond sale

The new debt issuance will be backed by royalties from chart-topping artists like Shakira, Journey, and the Red Hot Chili Peppers.