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Markets can withstand a 25 basis-point interest-rate increase by the Federal Reserve, according to Marathon Asset Management CEO Bruce Richards. "The consumer is doing well, corporate earnings are doing well, the economy is doing well," Richards says on Bloomberg Television. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The lone precedent looks ugly at first glance -- and it holds a useful lesson for the year ahead.
Ein Ehevertrag gilt als unromantisch. Doch ohne Vertrag gelten starre Regeln. Für Unternehmer, Immobilienbesitzer und Paare mit Kindern kann das teuer werden.
Bitcoin, gold and technology stocks fall as the yen rallies, while oil prices and government bond yields climb globally.
Key PointsSocial Security may be in line for a larger COLA in 2027 than this year's 2.8% raise.
Private capital often avoids infrastructure and development projects in Asia and the Pacific not because of poor project quality but due to weak financial reporting and auditing systems.
