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Higher-than-expected core CPI likely pushes back Fed rate cuts
NEWS INDUSTRY NEWS APR 10, 2024
Higher-than-expected core CPI likely pushes back Fed rate cuts

The 0.4% rise in March's core consumer price index adds to evidence that progress on taming inflation may be stalling.

Global VC funding down 30% amid investor concerns
NEWS INDUSTRY NEWS APR 10, 2024
Global VC funding down 30% amid investor concerns

Venture capital funding dropped 29% in the US, 40% in China, as slower economies, inflation weigh.

NYSE aims to attract 'exciting' Asian firms to list in US
INVESTING EQUITIES APR 10, 2024
NYSE aims to attract 'exciting' Asian firms to list in US

Firms from Japan, South Korea, Indonesia, and Singapore could appear.

West Virginia stops banking with Citi, Northern Trust, over fossil fuels
INVESTING ESG APR 09, 2024
West Virginia stops banking with Citi, Northern Trust, over fossil fuels

The state treasurer added four financial services firms to a list of those ineligible to provide banking services to the state because he says they 'boycott' the fossil fuels industry.

Former Fed president James Bullard expects three rate cuts
NEWS INDUSTRY NEWS APR 09, 2024
Former Fed president James Bullard expects three rate cuts

Economic reports already justify cuts, the former central bank executive says.

Emerging markets rise to near two-year high but US inflation is a risk
INVESTING EQUITIES APR 09, 2024
Emerging markets rise to near two-year high but US inflation is a risk

If Wednesday's stats are higher than expected, volatility may spike.

Buy 'cheap' larger-cap Chinese stocks: JPMorgan
INVESTING EQUITIES APR 09, 2024
Buy 'cheap' larger-cap Chinese stocks: JPMorgan

Investors looking for exposure to a potential upturn should pick wisely.

Billionaire Branson's SPAC deals have cost him dearly
NEWS INDUSTRY NEWS APR 09, 2024
Billionaire Branson's SPAC deals have cost him dearly

British entrepreneur's net worth has tumbled around $5 billion.

Bonds drop as traders ease expectations for rate cuts
NEWS INDUSTRY NEWS APR 08, 2024
Bonds drop as traders ease expectations for rate cuts

Two cuts now seen as the most likely Fed action.

Another new high for gold ahead of US inflation data
INVESTING ALTERNATIVES APR 08, 2024
Another new high for gold ahead of US inflation data

Stats will be revealed later this week.