Gold prices plunged sharply on Wednesday, ending a two-day string of gains as the U.S. dollar stopped its skid and as commodity investors watched minutes from the Federal Reserve’s July policy meeting, which could provide further insight into the central banker’s perspective for US and global business. Market participants will …
Read More »Coming from China, American and European companies will cost $ 1 trillion, says BofA
The cost to U.S. and European companies to relocate production from China could reach $ 1 trillion over five years, according to new research from Bank of America. The survey of the bank’s global analysts found that companies in more than 80% of the global sectors experienced supply chain disruptions …
Read More »Fund managers are more optimistic about stocks than at any time since the pandemic began
CureVac AG Chief Executive Dr. Franz-Werner Haas is displayed on the facade of the NasdaqMarketSite in Times Square, sounding almost like the closing bell, marking the list of the Aug. 14. United Press Fund managers are the most bullshit they have been since the pandemic, according to the latest Bank …
Read More »ICE borrows $ 6.5 billion to expand its footprint of the mortgage sector
A house for sale in Pittsburgh United Press Intercontinental Exchange Inc., the owner of the New York Stock Exchange, left $ 6.5 billion in corporate branding Monday to help expand its footprint in the U.S. mortgage sector. That’s more than half of the $ 11 billion that ICE ICE, + …
Read More »Sanofi Buys Principia for $ 3.7 billion. Both front runs.
Text size Sanofi is limiting its focus on drug development, stopping its diabetes and cardiovascular research. Joel Saget / AFP via Getty Images French pharmaceutical giant Sanofi is digging into the cash it raised earlier this year with the sale of its $ 11.7 billion stake in Regeneron Pharmaceuticals, the …
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