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The Odds of a September Rate Hike Have Nearly Doubled, Courtesy of Fed Chair Kevin Warsh -- Here's What He Just Said

Key PointsAlthough the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have zoomed to new highs since early June, these gains aren't reflective of America's inflationary headwinds.

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Elliott takes stake in Air Liquide

The report cites unnamed people familiar with the situation as confirming that the New York-based hedge fund has held discussions with Air Liquide in recent weeks after establishing its stake.

Shein IPO leaves some private backers facing 73% valuation reset

Shein’s long-awaited public listing has delivered a stark valuation reset for some of the private investors that backed the fast-fashion retailer during its rapid expansion, according to a report by…

  • Shein's IPO valued at $1.7 billion, 73% lower than 2022 valuation
  • Private backers like Boyu Capital, Coatue Management facing losses
  • Early investors like Sequoia China benefit from valuation climb

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