Washington DC with its history of sugary classical monuments could accommodate one more — but the president has no sense of scale
Read MoreMost investors holding S&P 500index funds believe they already have solid exposure to the most profitable names in the artificial intelligence trade. The tech sector has returned roughly 115% over five years through the Technology Select Sector SPDR ETF (XLK), dwarfing the index’s 65% …
Read MoreCriticism of Fed chair nominee’s financial holdings will further complicate next week’s confirmation hearings
Read MoreOne of the biggest signals from big bank earnings is the resounding support that one genre of investment is scoring from industry leaders, even as it faces an onslaught of controversy. Per Bloomberg, banks reported “at least $100 billion” of exposure to private-credit firms in their earnings …
Read MoreGlobalization is not dying. It is being rebuilt. When the United States and China weaponized trade in 2025, many feared the collapse of the global economy. Markets plunged, supply chains fractured, and policymakers spoke openly of economic warfare. But the collapse never came. In his new book, World War Trade, published by the Centre for…
Read MoreEven if the Strait of Hormuz reopens tomorrow, the damage will not undo itself overnight. That is the message from the head of the World Bank. World Bank President Ajay Banga, speaking to CNBC’s Karen Tso at the IMF spring meeting on April 15, said countries affected by the Iran war should brace …
Read MoreExecutives step up lobbying to convince White House that Tehran controlling the strategic waterway sets dangerous precedent
Read MoreIt comes with matching pillows, too.
Read MoreAgreement could increase the chance of securing a permanent end to the war between the US and Iran
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