Persistent budget deficits have fuelled fears the US will monetise public debt of 114% of GDP. A simple hedge is to switch to ...
Richer, older Americans are carrying US consumer spending as income growth for the young slows. It’s now showing up in the lunch line, with burrito-slinger Chipotle losing $8 bln in value on weaker ...
A China-US trade war truce throws peanuts to American soybean farmers. Despite vows to ramp up in future years, a deal to buy 12 mln tons in 2025 is a 55% slip from 2024’s volume late in the season.
The owner of the storied 'Wizard of Oz' studio rejected a $58 bln takeover bid from its smaller rival to consider other options. Comcast and Amazon.com are plausible suitors and a breakup also makes ...
Novo Nordisk muscled in on Pfizer’s bid for US drugmaker Metsera with a $9 bln offer. The $226 bln Danish group is paying a bulky price, and constructed an overly complex deal larded with political ...
The $46 bln lender’s stock is up 66% in 12 months, outpacing rivals like HSBC. It now trades at 1.2 times tangible book value despite recent target-beating returns. Lower earnings in its third quarter ...
The latest stopgap Sino-American pact underscores how intractable issues central to the broader bilateral relationship have become. U.S. President Donald Trump and his Chinese counterpart Xi Jinping ...
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