Bond Income Is Easing Some of the Pain in Treasury Selloff
Yields haven’t been much above 5% since 2007.
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France’s Macron summons party leaders for talks on Mideast and Ukraine
French President Emmanuel Macron is meeting leaders of France’s political parties at the Elysée on Friday for talks on the wars in the Middle East and Ukraine and the consequences for the country’s security and energy amid soaring fuel prices.
Saudi Arabia Billionaires’ Family Office Dubai Bet Adds to London Exodus
An investment firm for one of Saudi Arabia’s richest families is relocating from London to Dubai, according to people familiar with the matter, the latest example of private wealth outflows from the UK to the Gulf despite heightened uncertainty…
Bomb attack at Pakistan mosque kills at least 15, injures 50
Attack not immediately claimed, but ISIL and Pakistan Taliban (TTP) active in the region and regularly target troops.
Russian elections a ‘veneer of democracy’ with opposition barred from running
PRESS REVIEW – Friday, September 18: Russia holds its first parliamentary elections since the Ukraine war. Since only parties loyal to Vladimir Putin are running, the elections are seen as nothing but a veneer of democracy. In sports: Zinedine…
The Leftist Split Over AI Doom
The left wants AI regulation. They just can't agree on what it should look like or how concerned they should be.
Goldman’s Snider Says Fears of US Earnings Bubble Are Misplaced
Corporate America’s blowout earnings are being underpinned by a robust economic outlook and the artificial intelligence boom, meaning worries about an “earnings bubble” are overblown, according to Goldman Sachs Group Inc. strategists.
Amundi’s Berardi: Global Markets Still Face Pockets of Fragility
Alessia Berardi, Head of Global Macroeconomics and Emerging Markets Strategy at the Amundi Investment Institute, discusses the outlook for global bonds after a week in which the Federal Reserve and Bank of Japan hiked interest rates, amid elevated…
At least 16 killed in attack on mosque in Pakistan
A vehicle loaded with explosives rammed into a mosque building during Friday prayers, a senior police official told the BBC.
Bilfinger CEO on Trimmed Outlook, Job Cuts
German industrial services giant Bilfinger has had a tough week after delivering a surprise guidance cut. The firm is blaming uncertainty coming from the Iran conflict for the warning and is now saying that it may cut 1500 jobs. CEO Thomas Schulz…
Bond Rout’s Silver Lining Emerges With Chance to Grab 5% Yields
For all the anxiety that’s been gripping the world’s biggest bond market, some investors see a compelling reason to buy: income.
Warren Buffett stepping down as chairman of Berkshire Hathaway: 'Father Time always wins'
Buffett's son, Howard, will replace him as chairman as dictated by a long-standing succession plan, Berkshire said.
Venezuela lifts block on some news sites as transition talks resume
Venezuela has unblocked some news sites that had been censored for years, its telecom regulator said Thursday, as US-backed political transition talks were set to resume. Digital rights group VE Sin Filtro verified access to 17 news sites through…
Parents are interfering with teens’ first jobs. Here’s why employers say it can backfire
Parents are sending their teens' work emails for them. “An employer may reasonably wonder whether the teenager can communicate independently," says expert.
Why Bangladesh’s measles outbreak is a cautionary tale for the U.S.
As Bangladesh faces a deadly measles outbreak, experts assess what it would take for the U.S. to reach similar levels
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It Still Feels Like Summer in Parts of the US. Blame El Niño
Heat records are being shattered thanks to a boost from the natural climate pattern—and burning fossil fuels, of course.
Mophie’s Extendable MagSafe 3-in-1 Charging Stand Is 50 Percent Off
Charge your trio of Apple gadgets–iPhone, Apple Watch, and AirPods–with one of my favorite telescopic stands.
Poland MPC Member Warns Rate Increase Possible on Energy Risks
Poland may need to tighten what is an already restrictive monetary stance if energy prices accelerate, according to central banker Wieslaw Janczyk.
Russia votes in wartime election set to secure the Kremlin's power
Voting got underway on Friday in a tightly controlled three-day parliamentary election in Russia which President Vladimir Putin has framed as a barometer of support for Russia's war in Ukraine. It is the first parliamentary election since Russia…
Police move hundreds of migrants still in Ceuta off beaches in Spanish enclave
Spanish police in Ceuta on Friday morning started moving hundreds of migrants from the beaches of the Spanish enclave to a new tented area. Several thousand migrants remain in Ceuta after tens of thousands of people crossed the border with Morocco…
These blood thinners may have an unexpected benefit for Alzheimer’s patients
Newer blood thinners may do more than prevent strokes in people with Alzheimer’s disease and atrial fibrillation. Researchers found that patients taking NOACs experienced a slower decline in cognitive function than those using warfarin or no blood…
Turkey Investment Funds: How Pusula, Tera Crisis Sparked Market Panic
Turkish citizens piled into some high-profile investment funds in recent years, lured by extraordinary gains that would make many finance professionals pause.
Turkey Fund Rout Erases $4 Billion From a Rapidly-Won Fortune
For a long time, it seemed little could stop Altunc Kumova, a discreet businessman who became one of Turkey’s richest people after a meteoric rise in his finance firm’s stock.
AirAsia's Fernandes refutes financial concerns, points to new growth plans
AirAsia's Tony Fernandes pushed back against a report raising concerns over the airline’s financial health, while signaling plans to resume growth.