Municipals were weaker ahead of a heavier new-issue calendar, while U.S. Treasury yields rose and equities ended down. Investors will be greeted Monday with a new-issue calendar estimated at $11.488 billion, one of the largest year to date. Triple-A benchmark yields were cut two to six basis points, depending on the scale, while U.S. Treasury
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For the victims of the rape, sexual harassment and bullying allegations that have rocked the UK’s biggest business lobby group, it has been a frustrating four days of silence. But, on Friday, the CBI’s president Brian McBride finally offered them a personal apology. “The first message is that Brian McBride, personally, and this organisation are
The CBI needs to become “sharper and more focused” to reclaim the confidence of its members and the government after “devastating” allegations of rape, sexual harassment and bullying, the organisation’s president said on Friday. Speaking publicly for the first time after a week of bruising headlines questioning the future of the UK’s premier business lobby
Do you want the good news or the bad news? Luckily, it is the same either way: one month on, it seems the short, sharp banking crises on both sides of the Atlantic have fizzled out without causing an outright disaster. (Yet). No sensible investor wants to see a repeat of the 2008 crisis, and
Ever since the new Barbie movie starring Margot Robbie and Ryan Gosling was announced, Barbiecore has been everywhere. When the trailer was released in April 2023, the surge of interest in all things pink was only renewed in both the fashion and home categories. Fortunately, pink is one of the easiest colors to decorate with.
On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily. C6 Bank states that the new tool aims to inspire Brazilians to adopt more sustainable behaviors. ‘CBDC Preview’ — Bank Customer
A New York judge has ordered an affiliate to the owner of the American Dream Mall to pay $389 million to a group of junior lenders. New York Supreme Court Judge Andrew Borrock this week granted a summary judgment to a group of the mall’s private financers, who sued in February, alleging the mall failed
Rejecting bondholders’ position that they are entitled to full recovery, District Court Judge Laura Taylor Swain set procedures for estimating bondholder claims in the Puerto Rico Electric Power Authority bankruptcy case and deadlines shorter than requested. The parties should engage in a “true estimation process, not a protracted trial to establish a precise computation of
Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also been summoned. The SEC accuses Sun of orchestrating an
The ongoing effort in Congress to lift a controversial cap on the deduction that can be taken for state and local taxes began a new chapter on Friday as another bipartisan group of lawmakers began attempts to revive a bill very similar to one that failed to advance last session. Reps. Andrew Garbarino along with
Jack Teixeira was reading a book on the deck of his home in a wooded section of North Dighton, Massachusetts, on Thursday, when federal agents swarmed in for what turned out to be an easy arrest. The 21-year-old airman, who was wearing red shorts and an olive T-shirt, has suddenly emerged as the latest outlaw
Not every home in Los Angeles’s storied Bird Streets neighborhood comes with panoramic views and guaranteed privacy. Those that do get it right, melding the beauty of the hills above Sunset Boulevard with the peacefulness of living in a gated retreat. The view home at 9405 Sierra Mar Place in Los Angeles is one example.
#stocktrading #options #optiontrading #verticals In today’s video I’m going to show you exactly how to get a $0 call vertical spread, and pay nothing. I’ll share with you how this options trading strategy works, and we’ll implement it in the trading platform where I’ll show you the step by step process. Posted at: ? Newsletter
Jailed Russian opposition leader Alexei Navalny is severely ill and his condition is worsening rapidly, according to a key member of his team who raised the possibility that the politician may be being poisoned. Navalny was suffering from stomach pains and had lost more than 8kg in body weight in just over two weeks, Ruslan
Elon Musk is developing plans to launch a new artificial intelligence start-up to compete with ChatGPT-maker OpenAI, as the billionaire seeks to join Silicon Valley’s race to build generative AI systems. The Tesla and Twitter chief is assembling a team of artificial intelligence researchers and engineers, according to people familiar with the tech entrepreneur’s plans.
The low point in a dire week for President Emmanuel Macron came during a press conference on Wednesday when a reporter confronted him with a jibe from an old adversary: Donald Trump. The former US president, who alternately embraced and clashed with his French counterpart, had taken issue with Macron’s state visit to Beijing earlier
The writer is a former editor of the FT and a former director-general of the CBI Two questions are posed by the sacking this week of the CBI’s director-general and the allegations of shocking behaviour by a number of unnamed senior managers. The first is whether the organisation still serves a useful purpose, and would
The show Macro Markets, hosted by crypto analyst Marcel Pechman, which airs every Friday on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on the day-to-day crypto activity. The International Monetary Fund (IMF) and the United States Federal Reserve
A coalition of nine states and two think-tanks have filed amicus briefs urging the Supreme Court to take up Ohio’s challenge to Janet Yellen and the Treasury Department’s ban on using federal pandemic aid for tax cuts. The coalition is made up of representatives from Texas, Virginia, Idaho, Mississippi, Montana, Nebraska, New Hampshire, South Dakota,
A California bill that would restrict the state attorney general from imposing what the authors called “unreasonable, unworkable, and unnecessary conditions” on rural hospitals seeking to stay open by merging with, or selling to, another hospital was pulled from committee. Senate Bill 774, slated to be heard in the Senate Health Committee on Wednesday was
The G7 has privately rebuked Switzerland for not doing enough to combat Russian oligarchs evading sanctions. A letter sent to the Swiss government, signed by G7 ambassadors in Bern on behalf of the group, as well as the EU’s ambassador, said Swiss privacy laws and other “loopholes” were being exploited by Russians to hide billions