Senate Democrats Put ‘Draft Women’ Clause in National Defense Authorization Act
Senate Democrats have added a provision to a yearly defense bill that would require women …
Read MoreNovo Nordisk to boost output of Wegovy, Ozempic with new NC facility
Novo Nordisk’s new manufacturing facility in Clayton, North Carolina. Courtesy: Novo Nordisk Novo Nordisk on …
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Affirm Holdings Surges as It Gets a ‘Buy’ Rating From Goldman Sachs
Key Takeaways Affirm Holdings shares soared in intraday trading Monday as Goldman Sachs initiated coverage …
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Jump’s Kariya, Who Went From Intern to Crypto Leader, Is Leaving Trading Giant
He was just 25 when he got the president job at Jump Crypto. Now, in …
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Princess Anne, sister of King Charles, suffers concussion, palace says
Princess Anne has suffered minor injuries and a concussion following an incident at her country …
Read MoreAdnoc nears €14.4bn takeover of Covestro
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite …
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Bitcoin (BTC) Miners Are Attracting Growing Investor Interest Following Core Scientific (CORZ)’s AI Deal: JPMorgan
Overweight-rated Iris Energy (IREN) is best positioned to take advantage of the opportunity, the report …
Read MoreTarget taps Shopify to add sellers to its third-party marketplace
Target is turning to Shopify to add new and trendier brands to its website. Starting …
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BoJ Minutes Suggest a July Rate Hike is not out of the Question, Yen Unchanged
The renewed yen depreciation led USD/JPY perilously close to the 160 mark after BoJ minutes mentioned the effect of currency weakness on a potential inflation overshoot
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Bitcoin (BTC) Forges Double Top Ahead of Fed’s Preferred Inflation Reading
“Technically, bitcoin appears to follow a double top formation, whereas the support level is being …
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Newsom, Bass Silent as Antisemitic Mob Targets Synagogue in L.A.
Los Angeles Mayor Karen Bass and Gov. Gavin Newsom (D) were silent Sunday after an …
Read MoreBitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’
The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, …
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Nvidia Stock Continues Falling From Record High—Key Price Levels to Watch
UPDATE—June 24, 2024: This article has been updated with current share price information. Key Takeaways …
Read MoreAsia stock markets: Australia CPI, Tokyo CPI
A cafe at the Royal Arcade, Bourke Street Mall, in Melbourne, Australia. Education Images | …
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The Transition to a Higher Cost of Capital
Co-CIO Karen Karniol-Tambour describes how we’re in the midst of a transition from an exceptionally low cost of capital to more moderate levels. But bond yields still need to rise to set a price of capital that is sustainable for the world we’re in, compensating for structurally higher fiscal stimulation and inherently inflationary spending on things like AI investments, remilitarization, rebuilding supply chains to reduce reliance on China, the energy transition, and energy security.
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