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Rick Rieder, chief investment officer of global fixed income at BlackRock, says, “you have to squint to see the slowdown” in the US … source
Supreme Court Justice Samuel Alito is facing growing scrutiny over flags flown outside of his home. Sen. Sheldon Whitehouse, D-R.I., weighs in on the controversy and...
Elon Musk is planning to cut 75% of Twitter Inc.’s workforce when he takes control of the social network, according to the Washington Post. Kurt Wagner...
Malaysian Prime Minister Anwar Ibrahim reiterated the need to cut wasteful spending, including reducing excess subsidies to trim … source
UBS Group AG’s credit outlook was cut to negative from stable by S&P Global Ratings and Moody’s Investors Service following its … source
Wall Street traders sent stocks to all-time highs as bond yields slumped after an inflation slowdown reinforced bets the Federal Reserve will cut interest rates as early as September. The S&P 500 notched its...
Japan’s economy contracted in the first quarter, with gross domestic product shrinking at an annualized pace of 2%, as consumers … source
Steven Major, global head of fixed income research at HSBC, discusses China’s PMI data, the bond market and Federal Reserve … source
Hong Kong wants to relax Covid rules like mandatory hotel quarantine that have made travel difficult for nearly three years, Chief … source
China’s biggest banks have been asked by authorities to lower their deposit rates for at least the second time in less than a year in an...
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