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—— US Unemployment at Three-Year High; Tesla Proposes $1 Trillion Pay Package for Elon Musk; Bank of America Now Expects Fed Rate Cuts in September and December; 450 Workers Detained at Hyundai’s EV Battery Plant; EU Fines Google Nearly €3 Billion Over Adtech Practices 1. US Unemployment at Three-Year High US job growth cooled notably …

Continue reading “Market Beats | Tesla Proposes $1 Trillion Pay Package for Elon Musk; US Unemployment at Three-Year High; Bank of America Now Expects Fed Rate Cuts in September and December; 450 Workers Detained at Hyundai’s EV Battery Plant; EU Fines Google Nearly €3 Billion Over Adtech Practices”

—— US Hiring Slows in August; California Faces Heightened Wildfire Risk; Citigroup Hands $80B Client Assets to BlackRock; Giorgio Armani Dies at 91; Washington Sues Trump Over National Guard Deployment; Goldman Sachs Invests Up to $1 Billion in T. Rowe Price; Bank of America Opens Private Equity Funds 1. US Hiring Slows in August US …

Continue reading “Market Beats | US Hiring Slows in August; California Faces Heightened Wildfire Risk; Citigroup Hands $80B Client Assets to BlackRock; Giorgio Armani Dies at 91; Washington Sues Trump Over National Guard Deployment; Goldman Sachs Invests Up to $1 Billion in T. Rowe Price; Bank of America Opens Private Equity Funds”

—— US 30-Year Treasury Yields Near 5%; Goldman Sachs Raises Billions to Aid Liquidity-Strapped Private Equity; Lululemon Bets on Athlete Ambassadors to Revive Sales; US Job Openings Fall to 10-Month Low in July; Google Antitrust Ruling: Avoids Breakup; ConocoPhillips to Cut Up to a Quarter of Workforce; Blackstone’s BCRED Sells $500 Million Bond 1. US …

Continue reading “Market Beats | US 30-Year Treasury Yields Near 5%; Goldman Sachs Raises Billions to Aid Liquidity-Strapped Private Equity; Lululemon Bets on Athlete Ambassadors to Revive Sales; US Job Openings Fall to 10-Month Low in July; Google Antitrust Ruling: Avoids Breakup; ConocoPhillips to Cut Up to a Quarter of Workforce; Blackstone’s BCRED Sells $500 Million Bond”

—— US Judge Rules Trump’s Deployment of National Guard to LA Violated Federal Law; US Revokes TSMC Nanjing’s VEU Authorization; Klarna Revives New York IPO, Targets Up to $1.27 Billion Raise; Nvidia Drops Below Key Technical Level; OpenAI Acquires Statsig; Anthropic Raises $13 Billion; Creditors Push for Fast Sale of Luxury Retailer Ssense 1. US …

Continue reading “Market Beats | US Judge Rules Trump’s Deployment of National Guard to LA Violated Federal Law; US Revokes TSMC Nanjing’s VEU Authorization; Klarna Revives New York IPO, Targets Up to $1.27 Billion Raise; Nvidia Drops Below Key Technical Level; OpenAI Acquires Statsig; Anthropic Raises $13 Billion; Creditors Push for Fast Sale of Luxury Retailer Ssense”

—— US Consumer Spending Rises Most in Four Months in July; US Ends De Minimis Tariff Exemption; US Airport Security Rules Loosen for First Time in Two Decades; US Stocks Retreat Ahead of Labor Day; Columbia Welcomes Largest-Ever Freshman Class Despite Federal Pressure; Meta Faces Turmoil as AI Leaders Clash; Citadel Securities Q2 Revenue Falls …

Continue reading “Market Beats | US Consumer Spending Rises Most in Four Months in July; US Ends De Minimis Tariff Exemption; US Airport Security Rules Loosen for First Time in Two Decades; US Stocks Retreat Ahead of Labor Day; Columbia Welcomes Largest-Ever Freshman Class Despite Federal Pressure; Meta Faces Turmoil as AI Leaders Clash; Citadel Securities Q2 Revenue Falls”

—— US GDP Growth Revised Up to 3.3% in Q2; Fed Governor Cook Sues Trump Over Firing Attempt; DeSantis Pushes Property Tax Overhaul in Florida; Trump’s Pressure on Nuclear Regulator Triggers Talent Exodus; Wall Street Analysts Stay Bullish on Nvidia; Newsom Deploys Highway Patrol as Trump Threatens National Guard in California 1. US GDP Growth …

Continue reading “Market Beats | US GDP Growth Revised Up to 3.3% in Q2; Fed Governor Cook Sues Trump Over Firing Attempt; DeSantis Pushes Property Tax Overhaul in Florida; Trump’s Pressure on Nuclear Regulator Triggers Talent Exodus; Wall Street Analysts Stay Bullish on Nvidia; Newsom Deploys Highway Patrol as Trump Threatens National Guard in California”