Author: Charlotte

Nearly all economic data released Wednesday missed expectations, either above or below, underscoring how difficult it has become for markets to assess the real-time impact of tariffs. The trade deficit widened because of falling exports. First-quarter gross domestic product was revised down to a  decline 0.5% from a 0.2% decline because of consumption. Durable goods spending, a proxy for private business investment, was solid. Initial jobless claims fell yet continuing claims rose again. Much of the volatility most likely stems from the rapid shifts in trade policy during May. After a weak April, marked by a pullback in spending and…

New rules from index providers will accelerate SpaceX’s inclusion in sharemarket indexes as fund manager says the offer ‘feels like 1987’. SpaceX is seeking to raise a record US$75b at IPO. © All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription. As share trading firms Sharesies and Syndex invite wholesale investors to register their interest in the gigantic SpaceX float, fund manager Harbour has warned freshly rewritten index rules could drive unprecedented activity from passive funds. Formally known as Space Exploration Technologies Corp, Want to read more? It’s easy. Choose…

Bitcoin may be having a worse week than Euphoria fans who wanted a Season 4 with more glitter makeup. The cryptocurrency plunged to its lowest level since February, briefly bottoming out below $62,000 Thursday.  The weak week kicked off Monday when Michael Saylor, a bitcoin maximalist known for saying he’d never sell, sold a small part of his massive stockpile for the first time since 2022. Saylor’s bitcoin-holding company, Strategy, parted with 32 bitcoin for about $2.5 million, a few grains of sand off its mountain of more than 800,000 bitcoin worth tens of billions of dollars. But that little…

Vernal Capital Acquisition Corp. (VECA) Cash Equivalents (Quarterly) Zacks Investment Research Source link

Partners Group, the $US185 billion Swiss private equity giant, can rightly lay claim to be the pioneers of the democratisation of private markets.Way back in 2001, the fund developed a product which allowed retail investors to buy in to, and sell out of, their private equity fund at their convenience. That made the asset class way more user-friendly, particularly among Australian investors, who embraced the offering.Loading… Source link

Silver price (XAG/USD) is down 2% to near $72.40 during the Asian trading session on Friday. The white metal faces intense selling pressure as Federal Open Market Committee (FOMC) members have warned of high inflation pressures, and have guided that the choice is between holding interest rates at their current levels or raising them.Theoretically, high Federal Reserve (Fed) interest rates bode poorly for non-yielding assets, such as Silver.On Thursday, Kansas City Fed Bank President Jeffrey Schmid said during a fireside chat at the Bank of Kansas City Economic Forum, “The biggest risk facing the economy right now is inflation, and the…

The Nigerian Economic Society Female Professionals (NESFP) has intensified efforts to revive interest in the economics subject among secondary school students. The group warned that declining enrolment in the discipline could weaken Nigeria’s future pool of economic professionals and policymakers. The initiative, themed ‘Making a Fulfilling and Successful Career Path in Economics: Queen of Social Sciences’, was held in Lagos, bringing together students from three secondary schools in the Maryland Educational District. Speaking at the event, the South-West Coordinator of NESFP and lecturer of Economics at the University of Lagos, Dr Anthonia Odeleye, said the programme was conceived in response…

Shielded Labs proposed a new Zcash network upgrade that would let anyone verify the privacy coin’s supply has not been secretly inflated, after disclosing that a recently patched bug in the network’s main shielded pool could have allowed undetectable counterfeiting of $ZEC. Shielded Labs, a nonprofit that funds development of Zcash, the roughly 11th-largest cryptocurrency by market value, said in a blog post the vulnerability sat undiscovered in the Orchard pool from its May 2022 launch until engineers closed it this week. $ZEC reversed the week’s gains and is down 16% in the past seven days, and plunged 25% in…

June 5, 2026HONG KONG SAR – AECOM, the trusted global infrastructure leader, and the Urban Land Institute (ULI), today announced the launch of the Asia Pacific Infrastructure Innovation Index 2026, a new thought leadership report examining how the infrastructure industry across the region is prioritizing innovation in response to stakeholders’ needs, increasing system complexity, operational pressures and evolving delivery challenges.AECOM and Urban Land Institute launch inaugural Asia Pacific Infrastructure Innovation Index, highlighting region’s evolving infrastructure innovation priorities. Developed in collaboration between AECOM and ULI, the report brings together perspectives from stakeholders across infrastructure, government, utilities, investment, planning and development sectors.…

What Happened? Shares of commercial real estate finance company Walker & Dunlop (NYSE:WD) jumped 5.6% in the morning session after the company announced it arranged more than $223 million in bridge financing for five multifamily communities. The deal was made on behalf of Madison Capital Group for properties located across North Carolina, South Carolina, and Florida. Bridge financing is a type of short-term loan used to provide capital while a property owner manages a transition or stabilization of assets. The financing, secured for 1,345 units in high-growth Sun Belt markets, gives the client flexibility in executing its investment strategy. This…