Articles

Brevan Howard’s crypto fund gains 20% as assets hit $2.3 billion

Brevan Howard’s crypto hedge fund posted double-digit gains during the first half of this year, following growing interest among institutional investors in the emerging asset class.

Mortgage rates fall to lowest level since March, a positive sign in the housing market, Freddie Mac says

The 30-year mortgage rate is averaging 6.77%, Freddie Mac said in its latest weekly survey on Thursday.

Schwab’s stock keeps falling for these three reasons, JPMorgan analyst says

Three key concerns from investors have been weighing on Charles Schwab Corp. as the brokerage giant’s stock slide extends into a fifth day, JPMorgan Chase analyst Kenneth Worthington said Thursday.

‘I walked away furious and with an empty stomach’: The food at my Italian restaurant was inedible. Am I expected to tip?

“I was flabbergasted. Why should I pay for a dish that I didn’t eat?”

Trump corporate tax cut could create tens of thousands of jobs, but at a steep cost

Former President Trump is considering a plan to cut the corporate tax rate further next year, a move that could boost economic growth, jobs and worker wages while increasing the government’s already historically large budget deficit.

How old is too old for CEOs — and presidents?

The private sector has term limits of a different sort: deliver or you’re gone

CommScope rallies on deal to sell units to Amphenol for $2.1 billion

CommScope Holding Co. Inc.’s stock jumped more than 11% on Thursday after the networking technology company said it agreed to sell two business units with a combined 4,000 employees to Amphenol Corp. for $2.1 billion.

Why PayPal’s ‘perplexing’ stock just got downgraded, while Block’s got upgraded

A William Blair analyst thinks PayPal faces “intractable competitive challenges” from Apple.

U.S. economy is slowing, leading index signals

The leading index for the economy fell again in June for the fourth month in a row, reflecting a slowdown in U.S. growth since the start of the year.

Meta in talks to buy a near $5 billion stake in Ray-Ban sunglasses parent: WSJ

Meta Platforms is in talks to pay nearly $5 billion for a 5% stake in France-based eyeglass giant and Ray-Ban parent EssilorLuxottica SA, according to a report in The Wall Street Journal.

Why Nvidia, AMD shares are rebounding after chip sector’s worst drop since 2020

Prominent chip stocks are bouncing back Thursday in the wake of upbeat, AI-fueled results from TSMC.

Amazon Prime Day set records in 2024, retailer says

The online retailing giant said the 2024 Amazon Prime Day event was its biggest ever.
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