When Will Money-Market Funds Lose Their Allure? – WSJ
Investors have poured $126 billion into money-market funds since the Federal Reserve’s jumbo-size interest-rate cut. That sent assets in such funds to a record $6.76...
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A Wall Street state of mind has captured America – The Economist
At what time and place should you meet a stranger in New York if you cannot communicate with them beforehand? This hypothetical puzzle was first...
Private equity tests markets with a mammoth debt-fuelled dividend – The Financial Times
A company backed by Clayton, Dubilier & Rice and Hellman & Friedman, BlackRock and GIC is preparing one of the largest debt-fuelled dividend payouts in...
Mark Zuckerberg’s AI Vision Makes Metaverse a Slightly Easier Sell – WSJ
Mark Zuckerberg’s metaverse show has become an AI show. The makeover is apt. The chief executive of Meta Platforms META -0.53%decrease; red down pointing triangle...
World Economy on Track for Slight Pickup as Inflation Is Tamed – WSJ
Falling interest rates and recovering real wages will help drive a slight pickup in global economic growth this year and next, while recent falls in...
UK economy to grow faster than Japan, Italy and Germany this year, says OECD – The Guardian
The global economy is “turning a corner”, according to the Organisation for Economic Cooperation and Development, which has upgraded the UK’s growth forecast for this...
The Great Catch-Up Trade May Already Have Begun – Bloomberg
Let’s say you stuck £10,000 into an exchange-traded fund (ETF) tracking the MSCI ACWI index. This is an index that is made up of more...
Who Holds all these US Treasury Securities? Update on the Investors in the Ballooning US National Debt in Q2 – WolfStreet
The US national debt has ballooned so fast to $35.3 trillion – by $12.0 trillion since January 2020 – that it’s mindboggling, especially in a...
Sweden’s Central Bank Cuts Key Rate and Sees Two More Cuts This Year – WSJ
Sweden’s central bank cut its key interest rate for the third time this year and said borrowing costs will likely be lowered again soon as...
Gold’s hitting new records again. Here’s what it means for the economy – CNN
The 2024 monster gold rally is picking up steam. The most actively traded gold futures contract has hit repeated highs this year, most recently notching...