Ackman Says He’s Short 30-Year Treasuries as Supply Ramps Up
Bill Ackman is making sizable bets on declines for 30-year US Treasuries as a hedge on the impact
2023-08-03 10:45
China Services Activity Surprisingly Picks up in Private Survey
China’s services activity expanded at a faster pace than expected in July, a private survey showed, a sign
2023-08-03 10:27
E-Cigarette Maker Juul Labs Is Seeking $1 Billion in Funding
Juul Labs Inc., the e-cigarette company that almost went bankrupt last year, is seeking to raise about $1
2023-08-03 10:27
Oil Pares Risk-Off Decline With US Inventory Drop in Spotlight
Oil edged higher after posting the biggest loss in five weeks as traders took stock of a broad
2023-08-03 10:21
Evergrande Services Unit to Resume Trade After Earnings Release
China Evergrande Group’s property management firm plunged by a record as stock trading resumed for the first time
2023-08-03 09:48
Japan Can’t Declare End of Deflation After BOJ Tweak, Amari Says
Japan can’t yet declare it’s beaten deflation, and the central bank will therefore need to retain its ultraeasy
2023-08-03 09:46
U.S. Bancorp to Sell Shares to MUFG After Union Bank Acquisition
U.S. Bancorp plans to issue $936 million in shares to Mitsubishi UFJ Financial Group Inc. following its acquisition
2023-08-03 08:26
Morgan Stanley Says Take Profits on China, Downgrades Shares
Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a
2023-08-03 07:56
Bank of England May Slow Pace of UK Rate Hikes
The Bank of England is likely to boost interest rates again on Thursday, but a slowing in the
2023-08-03 07:29
Fitch Downgrades Fannie Mae and Freddie Mac One Notch to AA+
Fitch Ratings downgraded the credit scores of Fannie Mae and Freddie Mac to AA+ from AAA, a day
2023-08-03 07:25
EVgo Taps Board Member Badar Khan to Succeed Cathy Zoi as CEO
Electric-car charging company EVgo Inc. said Chief Executive Officer Cathy Zoi will retire in November and be succeeded
2023-08-03 06:17
Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut
Brazil’s central bank lowered its benchmark interest rate by a larger-than-expected 50 basis points and said future cuts
2023-08-03 06:16