Author: Charlotte

March 2026 was not kind to the hedge fund industry. Escalating tensions between the US and Iran sent oil prices surging and markets into a tailspin, and firms like Millennium Management and Point72 Asset Management paid dearly for it. Now, with a temporary ceasefire in place, both firms are clawing back ground fast. The recovery is notable not just because of the speed, but because of how far these funds had fallen. Millennium’s flagship fund dropped roughly 1.2% to 1.3% in March alone, nearly erasing gains it had spent the first two months of the year accumulating. How bad was…

Institutional memory tends to go out the window when covering crypto’s innovations. But the Tuesday (June 30) announcement that more than 140 companies spanning the payments, banking, asset management and cryptocurrency infrastructure spaces have joined a consortium called Open Standard to launch Open USD, or OUSD, a dollar-backed stablecoin, should have had at least some stakeholders feeing a sense of déjà vu. The launch is being positioned as a challenge to the concentrated economics of incumbent stablecoin issuers, including Circle and Tether. Rather than allowing reserve income and network effects to accrue primarily to a single issuer, the OUSD consortium proposes distributing…

The job market is reaccelerating. Is the economy? Financial Times Source link

Opinions expressed by Entrepreneur contributors are their own. The headline numbers are staggering. We are witnessing an unprecedented consolidation wave in the franchise ecosystem. Multi-billion-dollar acquisitions, like Blackstone’s massive $8 billion acquisition of Jersey Mike’s Subs, KKR’s $2 billion buyout of Nothing Bundt Cakes and Roark Capital’s acquisition of Subway, prove that private equity’s appetite for franchise networks has reached a high. For a private equity firm, the franchise model looks like the ultimate asset-light, cash-generative machine. The appeal is textbook: predictable, royalty-based recurring revenue streams, lower corporate capital requirements and built-in geographic scalability driven by local operators who deploy…

Persimmon submitted an odour assessment, which noted “extensive improvements to the capping of the former landfill site and the capture and combustion of landfill gas emissions” by the Environment Agency. “Consequently, the analysis undertaken found no significant odour effects, with sniff test times and conditions chosen to investigate likely worst-case meteorological conditions,” it continued.The developer said initial designs had been improved following a consultation earlier this year, with more space around waterways and improved footpaths.It also said the site was “highly sustainable”, with good transport links to Newcastle-under-Lyme and Stoke-on-Trent.The borough council will consider the plans in due course. Source…

This guide will look at the top 15 most expensive NFTs ever sold. These sales show how valuable and important NFTs have become in the digital world. Each NFT has a special story and creator behind it, making them interesting and valuable to collectors.NFTs, or non-fungible tokens, have changed the world of art and digital collectibles. People now buy and sell digital items for huge sums of money. NFTs are unique digital assets that can be anything from art to music to videos. There are millions of NFTs available today, with some selling for millions of dollars. Top 15 Most Expensive…

The schedule is rough. A lot of new players. A new system. A new coach. We all saw this last year, and I’d be the first to say that I thought we’d be near the 7-win total. I was completely wrong. The vibes were good, we had a new coach, new system, new quarterback but we barely got 3 wins. Did we address all concerns from last year’s lackluster team? If all things fall into place, I’m going to go ahead and say, yes, we did. I actually like the WRs we have a lot of decent players, unproven, but…

Jefferies has initiated coverage on Multi Commodity Exchange of India Ltd (MCX) with a Buy rating, setting a price target of Rs 3,600 per share based on 45x Jun-28e EPS, implying 27% upside from the prior close of Rs 2,841.Stating that participation in commodity derivatives is only a 1/5th of NSE’s individual equity derivative traders, the brokerage described MCX as “well-placed to benefit” from rising penetration in India’s underdeveloped commodity derivatives market, noting that the exchange enjoys a near-monopoly across most non-agri contracts.“We forecast MCX’s revenue to grow at 20% CAGR despite the elevated base, noting new product scope and…

Key Takeaways Microeconomics examines consumer behavior and company wage-setting practices.Macroeconomics focuses on fiscal policy impacts and nationwide economic growth.The macro environment refers to broader economic conditions.The micro environment is specific to businesses and small regions.The unemployment rate is a key macroeconomic indicator. Get personalized, AI-powered answers built on 27+ years of trusted expertise. Both microeconomics and macroeconomics involve examining economic behavior, but they differ in terms of the scale of the subjects being studied. Microeconomics is the field of economics that looks at the economic behaviors of individuals, households, and companies. Macroeconomics takes a wider view and looks at the…

Join us at Annual Australia Investors Forum The $52.6B Guardians of New Zealand Superannuation named William Fletcher as its head of private equity and alternative investments. He succeeds Rishab Sethi, who had been serving in the role on a temporary basis. In his new role, Fletcher will oversee the fund’s direct private equity investments and its relationships with external investment managers, the fund said in a press release. “I am excited to be joining an organization of the Super Fund’s caliber and helping to realize what is a really important objective for all New Zealanders,” Fletcher said in the release.…