Author: Charlotte

Global alternative investment manager Starwood Capital Group is set to establish a presence in the South Korean city of Jeonju, where the National Pension Service (NPS) is located, to seek closer business ties with the world’s third-largest pension fund. Source link

JPMorgan CEO Jamie Dimon criticized the CLARITY Act over stablecoin yields. JPMorgan CEO Jamie Dimon criticized the U.S. cryptocurrency market structure bill (CLARITY Act) in an interview with Fox Business, amid a debate over rewards for stablecoins. The top executive stated that the document effectively allows issuers to pay interest on deposits without comparable customer protection. According to him, banks “will not accept it in this form.” “I’m not worried about ‘stablecoins,’ but if it happens, I will have nothing to do with it, and eventually, it will all blow up,” Dimon said. The clash between banks and crypto companies…

But let’s not read too much into US shudders over laissez faire. For our producers to be competitive, they need exposure to competition. For overall efficiency, the economy’s use of capital et al still calls for greater market direction, not less. Private responses to moves made by market participants, rather than rule-makers, should play a pivotal role. Source link

Ukraine’s military reportedly struck oil infrastructure in several Russian and Russian-held territories overnight on May 30. Photos and videos shared on social media by local residents appear to show a large-scale Ukrainian drone attack on the Russian city of Taganrog in Rostov Oblast, News.Az reports, citing Kyiv Independent. Rostov Oblast Governor Yuri Slusar said on Telegram that a fuel tank, an oil tanker, and an administrative building in the port of Taganrog caught fire following a Ukrainian drone strike. Slusar also claimed that two people were injured in the city during the attack. Taganrog Mayor Svetlana Kambulova stated that drones…

Yanis Varoufakis said he once held 2,000 Bitcoin. He said he donated the entire holding because he did not agree with Bitcoin’s underlying philosophy and its oligarchic character. Bitcoin was trading at $73,440, down 0.32%% from a day earlier. Forecast Trend Report by PeriodSee more mid- to long-term trend analysis Yanis Varoufakis, Greece’s former finance minister and an economist, said he once held 2,000 Bitcoin. In an interview, Varoufakis said he donated the entire holding because he did not agree with Bitcoin’s underlying philosophy, Bitcoin News reported on May 30. He also viewed Bitcoin as oligarchic, the report said. As…

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should. So if this idea of high risk and high reward doesn’t suit, you might…

EasyJet is facing a potential takeover from US private equity giant Castlelake as the low-cost airline grapples with the fallout from the Iran war.In a statement released on Friday evening, Castlelake confirmed that it is in the “early stages of considering a possible offer” for the FTSE 250 airline.It added that “no approach has been made to the board of easyJet” and there was no certainty that it would make a bid for the company.The potential offer follows a recent share price slump at the budget airline, which has been struck by rising jet fuel prices and travel uncertainty from…

Details Last Updated: Friday, 08 May 2026 04:45 Published: Friday, 08 May 2026 06:27 May 8, 2026 – NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data on Thursday released the April 2026 Survey of Consumer Expectations, which shows that households’ inflation expectations increased at the short-term horizon and remained unchanged at the medium- and  longer-term horizons. Gas price growth expectations retreated appreciably from a spike in March. Labor market expectations were largely stable in April. Perceptions of credit access and expectations for future credit access both deteriorated, but delinquency expectations improved. The survey was fielded from April…

In this article, we will discuss the Top 10 Stocks to Buy For Long Term.Major US benchmarks are sitting at record highs following a slate of positive earnings results, solid economic data, and a positive outlook. The indices have recouped all losses incurred at the height of the US-Iran war, with investors looking past factors such as higher yields, surging oil prices, and the unending conflict in the Middle East. “Investors are moving beyond the earnings season, and the macro environment is starting to ​take more center stage,” said Anthony Saglimbene, chief market strategist at Ameriprise. There are also growing…

Illustration by Real Estate News/ShutterstockCoStar will gain access to “deep relationships across the homebuilding industry” as it bolsters its position in the new home market, CEO Andy Florance said.CoStar Group is pushing deeper into residential real estate with an $800 million cash deal to acquire Zonda, a leading provider of homebuilding data, analytics and consumer-facing new home marketplaces.This acquisition would give CoStar ownership of a business that serves more than 3,000 customers, including builders, developers, lenders and suppliers. In addition to its data and analytics products, Zonda provides a more direct path to homebuyers via NewHomeSource and Livabl.The deal was…