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Finance & Markets

Hoenig: Upcoming Data Will Be Deciding Factor for Fed

Thomas Hoenig, Distinguished Senior Fellow at the Mercatus Center, discussed the Federal Reserve's current stance amid recent economic data. He emphasized that the Fed is maintaining a cautious, wait-and-see attitude as it awaits upcoming inflation reports, including CPI and PPI data, which will be critical for shaping future policy decisions. He speaks with David Gura & Isabelle Lee on "The…

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US investor group taps Glencore in bid for Sherritt

The consortium is touting its proposal as an alternative to a deal that Sherritt has been negotiating with Gillon Capital.

  • U.S. investment group led by Glencore proposes Sherritt takeover
  • Consortium offers 12¢ per share equity funding, no debt condition
  • Sherritt stock rises to $105 million after proposal

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