Author: Charlotte

Gold loses its shine but US dollar holds steady Investors’ Chronicle Source link

Using cross-sectional data from 93 countries, we investigate the relationship between the desired level of redistribution among citizens from different socioeconomic backgrounds and the actual extent of government redistribution. Our focus on redistribution arises from the inherent class conflicts it engenders in policy choices, allowing us to examine whose preferences are reflected in policy formulation. Contrary to prevailing assumptions regarding political influence, we find that the preferences of the lower socioeconomic group—rather than those of the median or upper strata—are most predictive of realized redistribution. This finding contradicts the expectations of both leading experts and regular citizens. Source link

Flatiron Class B office building trades hands for $28M Crain’s New York Business Source link

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

The Bank of Russia has confirmed it will officially implement a new cryptocurrency regulation law on September 1, 2026, marking a significant step in the country’s approach to digital assets. The announcement was made by Vladimir Chistyukhin, the central bank’s First Deputy Governor, and reported by the state-run news agency TASS. Transition Period and Key Deadlines According to Chistyukhin, a transition period will run until July 1, 2027, during which market participants must prepare necessary documentation, apply for registration with regulatory authorities, obtain new licenses, and update their internal procedures. Actual operations under the new legal framework are expected to…

Haynes Boone welcomed partner John Messina to its New York office and finance practice group, where he will focus on derivatives and structured finance. Messina brings more than 20 years of experience advising financial institutions, issuers and market participants on derivatives, securities law and structured finance matters. His practice focuses on over-the-counter equity derivatives, issuer-related transactions, margin lending and a range of structured products. “John’s arrival reflects the continued expansion and sophistication of our New York finance platform,” Craig Unterberg, managing partner of Haynes Boone’s New York office, said. “We are focused on delivering high-value solutions for our clients, and…

The competition saw standout performances across trampoline, double mini trampoline (DMT), and synchronised trampoline. The team say one of the weekend’s most exciting moments came as coach Theo Gundry-White went head-to-head with his own athlete. Theo faced club performer Mike Oleksiyevets in the League 2 17+ Men’s DMT event, taking gold with a winning routine while Mike secured a strong fourth-place finish. Theo went on to win gold in the Men’s Super League trampoline event, and later claimed bronze in the 19+ Mixed Synchro alongside Cerys McIntosh. There was further success for Quayside through Cooper Maddock, who took gold in…

CivicScience has the world’s largest proprietary database of real-time declared intent, allowing brands to activate high-performing advertising that drives up to 80% better ad performance. See how our partners achieve superior marketing outcomes here. The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) remained at 31.9 as consumers faced a complicated economic environment marked by steady interest rates, stubborn inflation, solid retail spending, and renewed tariff threats. Three of the ESI’s five indicators increased during this period. Confidence in making a major purchase increased the most, rising 0.8 points to 22.2 —Confidence in personal finances increased 0.6 points to…

CHICAGO, July 2, 2026 /PRNewswire/ — Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, today was named APAC Capital Markets Tech Supplier of the Year at the second annual Capital Markets Technology Awards APAC, hosted by A-Team Group. TT CEO Justin Llewellyn-Jones said: “The Asia-Pacific region is a critical growth area for us, and we devote significant resources to ensure that our clients have not only low-latency access to a wide range of exchanges but also the multi-asset functionality, sophisticated trading tools and comprehensive clearing services that our clients need. Alongside our strong relationships with…

Hardman Johnston Large Cap Equity Strategy’s Q1 2026 Investor Letter Insider Monkey Source link