Close up image of a tablet screen displaying a portrait of Jeffrey Epstein beside the official U.S. Department of Justice website page titled Epstein Library in Washington District of Columbia United States on February 11, 2026. Veronique Tournier | Afp | Getty Images The recent release by the Department of …
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — “A lot of cost and a lot of chaos.” That’s how Ford Motor CEO Jim Farley described the state of the automotive industry earlier this year amid geopolitical tensions, tariffs, inflation and other …
Japanese government bond yields have been notching fresh highs as investors price in persistent inflation, tighter monetary policy, as well as fiscal uncertainty. Japan’s 30-year bond yield notched a record high on Wednesday to hit 3.286%, surging more than 100 basis points this year, while yield on the 20-year debt …
A relatively new and growing form of lending in Europe is enabling banks to reduce costs, get around provisioning requirements and potentially boost returns by classifying certain debts as lower risk than they otherwise would. The new financing structure, known as “back leverage,” involves borrowers securing a loan from a …
BlackRock has been on a buying spree that will change the makeup of the world’s biggest asset manager. BlackRock announced last year a slew of high-profile acquisitions — including a $12 billion deal to buy private credit manager HPS Investment Partners (HPS), which is expected to close in mid-2025; a …
Here are the biggest calls on Wall Street on Thursday: Barclays reiterates Qualcomm as overweight The firm says Qualcomm is a “best of smartphone breed” following the company’s earnings report on Wednesday. “Better results and guide are indicative of a stronger Android high end and Auto/IoT [internet of things].” Bank …
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images AI chipmaker Cerebras is trying to be the first major venture-backed tech company to go public in the U.S. since April and …