Articles

JPM is still working on ‘orderly transition’ once CEO Jamie Dimon departs

Bank’s proxy statement highlights recent promotions for potential Dimon successor

Sports team investments to drive flurry of M&A deals, Deutsche Bank says

Sports teams loyal fan bases mean they retain their value in the face of wider macro economic uncertainty

Extreme tariffs on Chinese imports could hurt the U.S. more than China

Americans already are paying more for China-sourced goods.

Oil prices edge higher as Gaza cease-fire hopes fade

Oil futures move higher as prospects for a Gaza cease-fire appear to fade.

My father is leaving me and my brother $20,000 ‘hidden’ checks to find after he dies. Is this a good idea? Will we owe taxes?

An unconventional way of leaving money to loved ones could result in some unexpected complications.

Stock-market rally has likely reached a ‘tipping point’ following spike in Wall Street’s ‘fear gauge’

After five months of calm, the stock market’s incredible march higher was interrupted last week as Wall Street’s “fear gauge” spiked. Some analysts believe it signals the beginning of a more serious pullback.

HSBC to sell Argentina business in latest market exit

HSBC Holdings is selling its Argentina business for over half a billion U.S. dollars, the bank’s latest exit from markets that are no longer core to its business strategy.

BP says high production and strong trading will offset oil and gas price slump

The British oil major said lower oil and gas prices and a drop in the value of Egypt’s currency could cost it up to $1.2 billion

White House again weaponizes PPP loans in defense of student-debt relief

The White House on Monday turned to a familiar tactic when defending criticism of its student-loan relief plan.

Treasury yields nudge down from four-month highs as inflation report looms

Bond yields fell on Tuesday, but remained just below their highest since November following recent data that showed the U.S. economy in relatively good health.

Bain Capital to sell its stake in India’s Axis Bank

The company plans to sell 33.37 million shares via a block trade on Tuesday, according to a term sheet seen by The Wall Street Journal.

Australian consumers are in an extended slump as inflation expectations rise

Australian consumer confidence remains in an extended slump, but more worrying is that inflation expectations are also nudging higher, something that will surely alarm the Reserve Bank of Australia.
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