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Category: Economy

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Latest News (16539 articles)

Economy Bloomberg
119d ago
KKR Touts Asia Strength in $15 Billion Fundraise After Clawback

KKR & Co. is touting the strength of recent Asia funds as it looks to gather $15 billion for its …

KKR is raising $15 billion for its latest Asia fund, citing the strength of its … High (70%)
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Bloomberg
Economy Bloomberg
119d ago
Traders Search for Clues Behind Biggest S&P Reversal Since April

Blowout earnings results from the chipmaker at the epicenter of the AI race. A jobs report confirming the economy remains …

The S&P index experienced a significant reversal, and traders are seeking the underlying causes behind … Medium (64%)
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Bloomberg
Economy Bloomberg
119d ago
Ares, Regions Lead $800 Million of Direct Loans to Food Supplier

Ares Management Corp. and Regions Bank led $800 million of private credit loans as part of a $1.1 billion refinancing …

Ares Management Corp. and Regions Bank have provided $800 million in private credit loans to … High (74%)
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Bloomberg
Economy Bloomberg
119d ago
Sun Life Plots Major Hiring Push to Strengthen Asset Division

Sun Life Financial Inc.’s newly unified asset-management division plans to hire about 20 senior executives as it looks to turn …

Sun Life Financial Inc. is planning a major hiring push to strengthen its unified asset-management … Medium (65%)
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Bloomberg
Economy Bloomberg
119d ago
Fed’s Goolsbee Is ‘Uneasy’ About Front-Loading Too Many Rate Cuts

“In the near-term, I’m a little uneasy front-loading too many rate cuts,” said Federal Reserve Bank of Chicago President Austan …

Federal Reserve Bank of Chicago President Austan Goolsbee expressed concerns about front-loading too many rate … High (70%)
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Bloomberg
Economy Bloomberg
119d ago
Deutsche Bank Settles Finra Conflict Claims for $2.5 Million

Deutsche Bank AG will pay $2.5 million to resolve an industry regulator’s allegations that it failed to properly disclose conflicts …

Deutsche Bank has agreed to pay $2.5 million to settle claims with the Financial Industry … Medium (65%)
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Bloomberg
Economy Bloomberg
119d ago
Morgan Stanley Delays Data Center Debt Sale Amid Alibaba Risks

Banks led by Morgan Stanley pushed back a key deadline to give investors more time to evaluate $589 million of …

Morgan Stanley has delayed a data center debt sale due to concerns over Alibaba's ties … High (70%)
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Bloomberg
Economy Bloomberg
119d ago
Private Credit Firms to Swap Debt for Equity in Stressed 48Forty

Private credit lenders are poised to take control of pallet company 48Forty Solutions, about a year after providing $1.75 billion …

Private credit lenders are likely to gain control of 48Forty Solutions, a pallet company, after … Medium (65%)
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Bloomberg
Economy Bloomberg
119d ago
Abbott to Buy Cancer-Screener Exact Sciences for $21 Billion

Abbott Laboratories agreed to acquire cancer-screening company Exact Sciences Corp., in a deal with a total equity value of about …

Abbott Laboratories agreed to acquire cancer-screening company Exact Sciences Corp. for $21 billion, representing a … High (76%)
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Bloomberg
Economy Bloomberg
119d ago
Verizon Begins Layoffs Aimed at 20% Cut in Non-Union Staff

Verizon Communications Inc. announced wide-ranging layoffs Thursday morning that will shrink the company by as much as 20% of its …

Verizon is undergoing a 20% reduction in its non-union workforce, cutting approximately 13,000 employees, as … High (75%)
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Bloomberg
Economy Bloomberg
119d ago
College Athletes’ Salaries Spark Worry for Higher-Ed Muni Buyers

US universities’ athletic budgets are becoming another source of concern for investors who buy higher-education municipal debt, about five months …

Investors who buy higher-education municipal debt are concerned about the growing athletic budgets of US … High (80%)
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Bloomberg
Economy Bloomberg
119d ago
Italian Football Club Juventus Seeks Fresh Funds with Share Sale

Italy’s Juventus Football Club SpA has kicked off a stock sale in a bid to top up cash.

Juventus Football Club is seeking fresh funds through a share sale to top up its … Medium (56%)
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Bloomberg

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