As former President Donald Trump awaits a Manhattan jury’s verdict, he can be forgiven for feeling that his criminal trial resembles a surreal “Alice in Wonderland” farce. He is left to peer through a “Looking-Glass” where everything is backward. The culprit for this hallucinatory nightmare is District Attorney Alvin Bragg who brought a bizarre case…
Copper extended its retreat from a record, and aluminum dropped from a two-year high, as investors looked to cash in after a blistering rally across industrial metals markets. from Bloomberg Markets https://ift.tt/4wGxNdn
Agilent, Fisher & Paykel and more in latest Market Talks covering the Health Care sector. https://www.wsj.com/articles/health-care-roundup-market-talk-7c16827b
S&P 500 companies are on track to be more profitable than they have been in over a decade, boosted by layoffs, lower commodity prices and continued pricing power. from Bloomberg Markets https://ift.tt/VyanXCu
American Airlines, Macquarie and more in the latest Market Talks covering the Auto and Transport sector. https://www.wsj.com/articles/auto-transport-roundup-market-talk-433de033
Large US banks may be more exposed to commercial property than regulators appreciate because of credit lines and term loans they provide to real estate investment trusts, according to a new study. from Bloomberg Markets https://ift.tt/KmIsZAh
Okta, Salesforce and more in the latest Market Talks covering Technology, Media and Telecom. https://www.wsj.com/articles/tech-media-telecom-roundup-market-talk-dd597590
Rishi Sunak has claimed that a vote for his governing Conservative Party at the UK general election is a vote for interest rate cuts, drawing the Bank of England into a campaign it has been trying to avoid. Meanwhile, latest data from the British Retail Consortium shows price increases at UK shops are at the…
Former President and Republican Presidential Candidate Donald Trump reportedly inquired about solving the U.S. national debt problem using bitcoin. Audio recorded by the Bitcoin.com News team confirmed that on an X space held on Sunday night, Bitcoin Magazine CEO David Bailey revealed that Trump asked if bitcoin could solve the $35 trillion U.S. national debt…
The Fed’s latest Beige book survey shows the US economy expanded at a “slight or modest” pace across most regions since early April and consumers pushed back against higher prices. In an wide-ranging exclusive conversation with Bloomberg, Societe Generale Chairman Lorenzo Bini Smaghi discusses the inflationary outlook facing central banks. He also tells Bloomberg why…