UncategorizedTrump and the art of the retreat fwadmin / April 24, 2025 Reputational damage to the Fed and US assets will not be easily reversed
UncategorizedFirst American Financial will pay its former CEO up to $18 million after a cruise ship vacation brawl fwadmin / April 23, 2025 The board of the $6 billion financial firm showed CEO Kenneth D. DeGiorgio the exit after he allegedly strangled a barefoot partygoer in Puerto Rico.
UncategorizedUS markets rally as Treasury secretary says China trade war is ‘unsustainable’ fwadmin / April 23, 2025 Scott Bessent tells investors he expects the two countries to reach a deal that would end restrictions on flow of goods
UncategorizedTrump says he has ‘no intention’ of firing Jay Powell fwadmin / April 23, 2025 Markets and dollar rise after US president’s U-turn eases pressure on Fed chair
UncategorizedGrayscale CEO Peter Mintzberg reveals plans for crypto giant’s next act fwadmin / April 23, 2025 Wall Street veteran Mintzberg has been lying low in the first year on the job. That’s about to change.
UncategorizedIf Trump fires Jerome Powell and replaces him with someone more politically pliant, ‘it could be something that backfires on Trump spectacularly,’ researcher says fwadmin / April 23, 2025 It’s also unclear how much interest rate cuts can “stem the bleeding” from tariffs, Renaissance Macro’s Neil Dutta said.
UncategorizedCar wreck: What to believe, Elon Musk’s promises or Tesla’s terrible results for Q1? fwadmin / April 23, 2025 Elon Musk’s true believers are boosting the stock despite a big net income drop.
UncategorizedElon Musk claims Tesla demonstrators are somehow being paid by the government ‘waste and fraud’ he is fighting with DOGE—they just won’t admit it fwadmin / April 23, 2025 Musk offered no evidence for his claims but described the protests as “natural blowback” on Tesla from those on the receiving end of the fraud.
UncategorizedVladimir Putin offers to halt Ukraine invasion along current front line fwadmin / April 23, 2025 US floats recognition of Russian annexation of Crimea as peace plan efforts continue
UncategorizedTrump’s trade shock hits the global economy fwadmin / April 23, 2025 The IMF is trying to make sense of the unknowable