Bloomberg Markets
European Central Bank Chief Economist Philip Lane said the neutral rate of interest could be as high as 2.5%, suggesting another hike won’t yet act as a brake on the economy.
CNBC Finance
The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue impact may be blunted.
Bloomberg Markets
Prestige Estates Projects Ltd. is considering putting an initial public offering of its hospitality unit on hold and is instead exploring a minority stake sale to private equity investors, people familiar with the matter said.
Bloomberg Markets
Trafigura Group asked a Dubai court to tighten financial restrictions on Prateek Gupta’s wife, as it looks to recoup more than $700 million in damages owed by him for sales of fake nickel.
Yahoo Finance
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Two men were jailed for as long as 10 years after being found guilty of spying for China that targeted UK based pro-democracy campaigners.
MarketWatch
“Last year, I had to buy a used car because my previous one died. I also have $4,400 in credit-card debt.”
Bloomberg Markets
Bank of England Governor Andrew Bailey tells broadcasters energy prices remain above pre-war levels and that the the central bank needs to assess "how much damage has been done to the infrastructure for supplying energy" in the Middle East. "I think holding is the right position to be in at the moment." Bailey speaks in an interview following the BOE's decision to keep interest rates at 3.75% in a 7-2 vote. (Source: Bloomberg)