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‘Iran just basically put its wish list into this’: the Trump-Iran agreement gives Iran a free pass on nuclear treaty violations pending final deal
Finance

‘Iran just basically put its wish list into this’: the Trump-Iran agreement gives Iran a free pass on nuclear treaty violations pending final deal

The memo’s minimum nuclear weapons requirement is just making Iran down-blend its close-to-bomb-status enriched uranium, which is reversible, nuclear weapons…

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US Bond Futures Surge to Drive Wagers on a July Fed Rate Hike
Finance

US Bond Futures Surge to Drive Wagers on a July Fed Rate Hike

The Treasury market saw a record surge in futures trading that underpins bets that the Federal Reserve’s next move will…

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USMCA Talks Take Virtual Turn as Trump Fuels More Doubts on Deal
Finance

USMCA Talks Take Virtual Turn as Trump Fuels More Doubts on Deal

The next scheduled negotiating session over the future of the North American free trade pact will take place virtually at…

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Markets are set for a much more hawkish Warsh Fed than expected
Finance

Markets are set for a much more hawkish Warsh Fed than expected

Fed Chairman Kevin Warsh's tough talk on inflation Wednesday reverberated through financial markets.

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‘Make AI work for ordinary people’: Bernie Sanders wants to pay you $1,000 every year from a government stake in AI companies 
Finance

‘Make AI work for ordinary people’: Bernie Sanders wants to pay you $1,000 every year from a government stake in AI companies 

The senator is introducing a bill that would give Americans 50% ownership of the country’s biggest AI companies if they…

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Bitcoin Falls Back Toward $60,000 on Strategy Shares, Rate Fears
Finance

Bitcoin Falls Back Toward $60,000 on Strategy Shares, Rate Fears

Bitcoin extended its slide back toward the $60,000 level. The decline is driven by mounting concerns over the unraveling of…

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Brazil Assets Slide as Central Bank Rate Cut Spurs Market Angst
Finance

Brazil Assets Slide as Central Bank Rate Cut Spurs Market Angst

Brazilian markets sold off on Thursday as investors criticized the central bank for cutting interest rates while flagging a worsening…

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BMO-led $775 Million Pellera Loan Deal Comes at Steep Discount
Finance

BMO-led $775 Million Pellera Loan Deal Comes at Steep Discount

Investors are demanding steep discounts to buy debt banks have been stuck holding since financing a leveraged buyout tied to…

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Exclusive: Son of pro-crypto New York Senator Kirsten Gillibrand raises $30 million to launch a derivatives exchange
Finance

Exclusive: Son of pro-crypto New York Senator Kirsten Gillibrand raises $30 million to launch a derivatives exchange

Lux Capital led the investment, which values the Stanford graduate’s exchange at $300 million.

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Absa to Lift Kenya Unit Stake to 85% in $239 Million Tender
Finance

Absa to Lift Kenya Unit Stake to 85% in $239 Million Tender

South Africa’s Absa Group Ltd. plans to raise its stake in its Kenyan unit to 85% through a $238.7 million…

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Jeremy Grantham Points to a Watershed Moment for Big Tech
Finance

Jeremy Grantham Points to a Watershed Moment for Big Tech

Everyone’s battling on the same frontier.

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Record $21 Billion Water Bonds Sold With Trump Budget Cuts Ahead
Finance

Record $21 Billion Water Bonds Sold With Trump Budget Cuts Ahead

Water utilities are selling bonds at a record pace to upgrade aging pipes and meet tougher regulations as they prepare…

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