Some companies are saving millions of dollars by entering into interest-rate swaps as they confront the possibility it could be a while before the Federal Reserve cuts rates. https://www.wsj.com/articles/cfos-lock-in-savings-with-interest-rate-swaps-amid-uncertainty-about-fed-cuts-40ff9e45
A man is held on suspicion of targeting Thursday’s event in Bordeaux, says France’s interior minister. https://ift.tt/BmPQgOz May 23, 2024 at 12:45PM
As franchise values soar, the NFL mulls becoming the latest league to open its doors to private equity. https://www.wsj.com/articles/nfl-franchise-values-private-equity-2e3c4729
Pentagon to explore feasibility of ocean-floor mineral refining in U.S., according to documents seen by the Journal, amid concerns over China’s control of key minerals. https://www.wsj.com/articles/congress-to-fund-u-s-deep-sea-mining-project-8c930869
Robin Li, the CEO of Baidu said artificial intelligence that is smarter than humans, or AGI, is more than 10 years away. https://www.cnbc.com/2024/05/23/artificial-general-intelligence-more-than-10-years-away-baidu-ceo.html
Germany led a continued recovery in eurozone economic activity in May, according to the latest business surveys, adding to signs that global growth is becoming less reliant on the U.S. https://www.wsj.com/articles/eurozone-rebound-continues-apace-as-germany-leads-recovery-surveys-show-fb9438ff
At least nine people were killed and dozens more were injured at a campaign rally in northern Mexico on Wednesday evening after a strong gust of wind toppled the stage. The rally was being held for long-shot presidential candidate Jorge Álvarez Máynez in the Mexican state of Nuevo Leon, according to The Associated Press. Máynez…
Gold futures fell 1.5% and MUFG’s year-end forecast of $2,350 an ounce now looks modest, but a correction downwards is expected with the metal now in overbought territory. https://www.wsj.com/articles/gold-edges-higher-investor-sentiment-bullish-a2e00408
Unicef says six out of 10 hospitals in Haiti are barely operational, putting millions of children at risk. https://ift.tt/1D5SHJU May 23, 2024 at 03:59AM
Trade data was a bright spot for export-reliant Singapore, helping cement economists’ expectations for stronger growth this year. https://www.wsj.com/articles/singapores-economy-grew-at-faster-pace-in-first-quarter-51b0f15d