Global investors are obsessing about borrowing costs, discount rates and inflation risks as the world emerges from the shocking pandemic - but they are also starting to pore over coming corporate tax hikes that could reverse a decades-long decline.
Traders at Goldman Sachs Group Inc could earn roughly $100 million in profit from the winter storm last month that left many across Texas and other southern U.S. states without electricity, clean water and heat, Bloomberg News reported on Friday.
(This March.4 story corrects paragraph three to make clear that GAM Holdings closure of the fund related to concerns about perceptions of supply chain finance rather than about asset valuations)
Credit Suisse said on Friday it is winding down its $10 billion supply chain finance funds, which were mostly invested in notes backed by speciality finance firm Greensill.
Investors poured billions of dollars into high-flying stocks even as the ongoing bond market rout led to sharp losses on Wall Street and kicked off a "new era of volatility", BofA said on Friday.
A total of 158.5 million households would receive direct payments under the Senate version of a $1.9 trillion coronavirus stimulus bill, the White House said on Thursday.
U.S. mortgage rates, which have hovered at or near historic lows for months and contributed to the housing market bouncing back to above pre-pandemic levels, are now on the rise.
Abu Dhabi state fund Mubadala launched two-tranche bonds worth 1.1 billion euros ($1.32 billion) comprising six- and 13-year paper on Thursday, a document showed.
National Securities Chief Market Strategist Art Hogan tells Reuters' Fred Katayama that cyclical stocks have risen so much in the past two months that he has taken profit and reinvested that into disruptive tech stocks.
Gerber Kawasaki's Ross Gerber tells Reuters' Fred Katayama investors are playing a game of "musical chairs" in trading meme stocks like GameStop and Koss.
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