Articles

Ray Dalio believes there’s a 35-40% chance of a civil war in the U.S.

Bridgewater Associates’ founder Ray Dalio believes the U.S. is “on the brink” of a civil war and sees a 35-40% possibility of an internal conflict breaking out.

The U.S. released inflation data early — and no one in the market noticed

Data on U.S. consumer prices, most eagerly awaited report of the month, was released early, and there’s no indication that anyone in the market spotted it.

Benchmark Treasury yields hold six-week low after cooler U.S. inflation data

Bond yields were little changed Thursday, following a softer-than-expected CPI report that boosted the chances of interest rate cuts this year.

Truck driver hospitalized in incident at TSMC’s chip plant under construction in Arizona

Taiwan Semiconductor Manufacturing said a truck driver was brought to a hospital after an incident at its semiconductor factory under construction in Phoenix, Ariz.

KFC parent Yum Brands approves $2 billion in share buybacks

KFC and Pizza Hut parent company Yum Brands said its board had approved a new $2 billion share buyback program over the next two years.

Soros Fund Management dumps New York Community Bank stake

Soros Fund Management eliminated its stake in New York Community Bank, a regulatory filing shows.

Bill Ackman’s Pershing Square dumps stake in Lowe’s, keeps Google

Home-improvement retailers are in the spotlight as mortgage rates stay high

Here are some of the tech stocks Daniel Loeb’s Third Point hedge fund has snapped up

Daniel Loeb’s Third Point hedge fund has gone deeper into stocks of major tech companies, a filing with the Securities and Exchange Commission showed late Wednesday.

Warren Buffett’s Berkshire Hathaway reveals Chubb as ‘mystery stock’ purchase

Berkshire Hathaway reveals in a filing that it accumulated nearly 26 million shares of insurer Chubb Ltd. as of the end of the first quarter.

Bond-market rally may not be over after inflation report brings ‘massive relief’

The U.S bond market broadly rose on Wednesday, paring its losses this year after fresh inflation added fuel to investor hopes that the Federal Reserve may cut interest rates in 2024.

IBM and Palo Alto Networks are joining forces on AI, as cybersecurity threats get tougher

Under the deal, Palo Alto Networks will become IBM’s “preferred cybersecurity partner.”

Meme stocks like GameStop and AMC are hot again — what it means for meme coins 

A weekly look at the most important moves and news in crypto, and what’s on the horizon in digital assets.
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