Author: Charlotte

MILWAUKEE, June 05, 2026 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management (“AUM”) as of May 31, 2026 totaled $186.0 billion. Artisan Funds and Artisan Global Funds accounted for $92.3 billion of total firm AUM, while separate accounts and other AUM 1 accounted for $93.7 billion. During the period, Artisan was notified that a U.S. sub-advisory mandate representing approximately $5.7 billion of assets in the U.S. Value Team’s Value Equity strategy is expected to terminate in early June 2026.  The reduction in assets under management will have a muted impact…

Crude oil prices fall sharply as energy markets remain on tenterhooks over effective closure of the Strait of Hormuz.Published On 11 Mar 202611 Mar 2026Oil prices are seeing dramatic swings as traders struggle to make sense of mixed messages about the impact of the United States and Israel’s war on Iran.Brent crude, the international benchmark, on Tuesday plunged 17 percent to fall below $80 a barrel, then rebounded to near $90 after US Secretary of Energy Chris Wright posted on the X platform – but then quickly deleted – a claim that the US Navy had escorted an oil tanker…

Blockchain safety for kids is becoming an important part of digital literacy as children encounter crypto, NFTs, digital wallets, and token-based games through social media, gaming communities, and creator platforms. These tools can introduce useful lessons about ownership, finance, and technology, but they also create risks that many young users are not prepared to assess alone.For families, educators, and technology professionals, the goal is not to create fear around blockchain. The goal is to help children understand how digital assets work, why some actions cannot be reversed, and how to protect personal information in systems that often record activity publicly…

(Kitco NewsWire) – Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Friday, after a stronger-than-expected May jobs report lifted Treasury yields, firmed the U.S. dollar and triggered heavy selling across precious metals. At the time of writing, spot gold was trading near $4,323.70 an ounce, down 3.39%, while spot silver was trading at $67.895, down 8.12% on the session.U.S. employers added 172,000 jobs in May, while the unemployment rate held at 4.3%. Leisure and hospitality added 70,000 jobs, local government added 55,000 and health care also gained, while financial activities employment declined by 22,000. The payrolls…

On June 4, Franklin Templeton launched the Franklin BSP CLO ETF (YCLO), an actively managed fund with an expense ratio of 35 basis points. YCLO invests primarily in investment-grade CLOs, while maintaining diverse exposure across U.S. and European markets. The fund aims to generate income through CLO interest payments while actively navigating relative value opportunities across the structured credit market. While the CLO ETF category has expanded rapidly in recent years, many offerings remain concentrated in a narrow segment of the market. Several of the largest funds focus primarily on AAA-rated CLO debt, emphasizing maximum credit quality but limiting flexibility…

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For most of its existence as a modern field of study since the 18th century, economics – the filter this newspaper bears in its title – has fared reasonably well at explaining consumer and producer behaviour. It explained why buyers choose the products they do, how firms produce them to maximise profit, and how markets discover the most efficient prices. This changed with the Great Depression, when aggregate variables came into play that needed a better understanding than an assumption that markets return to equilibrium after shocks. Thus came into existence macroeconomics, the most dismal aspect of the dismal science.…

The usual shorthand on T-Mobile (TMUS) is that it is the growth carrier in wireless. That is true, but too narrow. The stronger way to read T-Mobile now is as a company that keeps adding higher-value customer accounts, lifts revenue per account, and converts that relationship depth into cash flow and capital returns. Subscriber additions still matter, but they no longer tell the full investment case. Why T-Mobile should be read-through account growth and ARPA, not only subscriber counts In the first quarter of 2026, T-Mobile reported postpaid net account additions of 217 thousand, up 6% year over year, while…

This month, we’re reading two novels that wrestle with troubling episodes of political history in Ireland and Venezuela. Land: A Novel Maggie O’Farrell (Knopf, 400 pp., $32, June 2026) Maggie O’Farrell hardly needs an introduction after the extraordinary success of her 2020 novel, Hamnet. But if that book is known for its specificity, its ability to imagine the minutiae of William Shakespeare’s family life, her latest novel turns its focus outward, using one family to tell the tale of an entire nation. Land, by far O’Farrell’s most ambitious work, is an epic of Ireland, one that spans continents and millennia,…

Initial projects are planned in Malaysia, Belgium, and Romania, with additional locations under developmentSAN JOSE, Calif., June 5, 2026 /PRNewswire/ — GMI Cloud, a leader in AI-native GPU cloud infrastructure, today announced a strategic partnership with Magna AI Inc. to jointly architect, deploy and scale a global network of sovereign AI Factories (AIFs), with the initial wave of projects architected around NVIDIA Vera Rubin NVL72™. Magna AI, Inc. is a new sovereign AI company born from a partnership between Trend Micro™ and Wistron Digital Technology Holding Company (WDH). Collaborating with NVIDIA, the companies will build and deploy sovereign AI infrastructure, including AI…