Sales of new US state and local-government bonds are poised to dwindle for the next few weeks, delivering a potential respite for a market that’s on track for its biggest monthly slump since February.
Citigroup Inc. strategist Scott Chronert says the first-wave of artificial-intelligence breakthroughs lifted the stocks of companies like Nvidia Corp. that are at the center of it all. The second will elevate the market at large.
Lone Pine Capital clients withdrew an estimated $3 billion from its funds in the 12 months through June, even as investment performance at Steve Mandel’s firm rebounded from a bruising 2022.
US Commerce Secretary Gina Raimondo said in Beijing that trade and transparency can serve as the foundation for better ties between the world’s top two economies.
Turkey’s President Recep Tayyip Erdogan is expected to meet Vladimir Putin in Russia next week to discuss reviving the Black Sea grain deal.
Cosmetics maker Natura &Co Holding SA is considering the sale of its Body Shop unit as it seeks to cut costs, the latest step in a reversal of a major global expansion strategy.
The new version of its best-known product offers extra privacy safeguards, longer text prompts
President Joe Biden will travel to Vietnam in September, where he will meet with General Secretary Nguyen Phu Trong and other leaders, the White House announced on Monday.
Colombia has significantly ramped up imports of liquefied natural gas to conserve its hydroelectric operations as El Niño threatens to bring dryness to the South American nation, according to the power generators’ association.
Theme parks are moving to offer free return tickets when temperatures hit extreme levels, a sign that operators are concerned worsening heat waves may deter customers and hurt attendance.
