(Bloomberg Markets) -- Donald Trump’s pledges to slash taxes, crack down on immigration and impose steep tariffs have long stirred concern that his policies may widen the budget deficit and fuel inflation, sparking higher interest rates and bond yields. That would be bad news for bond investors, since prices fall when yields rise. But by all measures, the $29 trillion US Treasury market has been relatively peaceful since Trump won the election on Nov. 5. The benchmark yield on 10-year bonds dro
(Bloomberg) -- It was little more than two and a half years ago that Franklin Templeton’s boss Jenny Johnson took to LinkedIn to express her excitement about buying European private credit stalwart Alcentra. Today, a key part of the acquired business is struggling to justify the enthusiasm.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Rid
The financial tech provider is on the cusp of making a purchase, at the same time that it’s grappling with employee severance costs, its CFO said last week.
The benchmark US stock measures were mostly pointing lower before the opening bell Monday as traders
Shares of Dow were up about 5% at $44.14 in premarket trading after the company said it would receive up to about $3 billion in cash proceeds if Macquarie decides to increase its equity share to 49% within six months of closing the deal. Dow said the transaction was part of its actions to evaluate its ownership of non-product producing assets across its global portfolio, including power and steam production and pipelines.
(Bloomberg) -- Bankers see Europe’s IPO rebound broadening in 2025 despite the threat of trade frictions and political upheaval, as private equity firms look to unload portfolios and secure returns.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitCloud Computing Ta
(Bloomberg) -- Oracle Corp. is on track for its best year in over two decades because its once-struggling cloud business is being taken seriously by customers and investors.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectCloud Computing Tax Threatens Chicago’s Silicon Valley AmbitionsNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly R
The CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 3.6%. Weakness in majors saw midcaps fall as much as 10%, per Coingecko data.