Articles

Treasury yields hold steady ahead of June jobs data

Yields on U.S. government bonds traded flat to lower on Friday as investors returned from a holiday break to a fresh update on the state of the jobs market.

NBA star Chris ‘CP3’ Paul is selling this modern SoCal home for $16.5 million

The modern farmhouse in Southern California was built just four years ago. It has a stunning glass-box wine cellar.

Ray Dalio says Trump and Biden reflect decades of ‘horrendous leadership’ by Baby Boomers

Bridgewater Associates founder Ray Dalio said decades of ‘chronically horrendous leadership’ has now reached an apex in the form of Joe Biden and Donald Trump

Bitcoin may head towards $50,000 as the crypto falls to a four-month low 

Bitcoin on Friday plunged to the lowest level in over four months.

The legacy of a market debacle — former U.K. Prime Minister Liz Truss is out of a job

Liz Truss, who was the shortest serving prime minister in the country’s history in 2022, lost her South West Norfolk seat by around 630 votes to Labour candidate Terry Jermy.

Saks Fifth Avenue buying Neiman Marcus in $2.65 billion deal, with backing by Amazon

High-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday.

Saudi Arabia cuts Asia oil prices for second straight month

Looking at other importing regions, the oil producer instead increased its August prices for all grades for customers in northwest Europe and the Mediterranean.

Starmer’s Labour Party returns to power in the U.K. for the first time in 14 years: exit poll

Keir Starmer’s Labour Party has vaulted back to power in the U.K. for the first time in 14 years, according to exit poll data released Thursday.

This July 4, here’s how much money you need to declare ‘financial independence’

About 160 million of us are still working for The Man.

These tips for investing in mutual funds and ETFs give your portfolio a leg up

Trimming Nvidia, earnings season prep and thematic ETFs lose popularity.

Smith & Nephew shares surge as activist Cevian Capital reveals 5% stake

Shares in Smith & Nephew increased 7% on Cevian’s disclosure that it had built up a 5% stake

A financial markets ‘mystery.’ The Japanese yen’s slide is upending a once-reliable relationship

The yen weakens as the spread between Japanese bonds and U.S. Treasurys moves in Japan’s favor.
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