In the Age of AI, Cash Is Still King
Technology is increasing competition for deposits in more ways than one.
We haven't written up this one. WSJ Markets has the full story — the link below goes straight to it.
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Can prediction markets create the future they predict?
Prediction market platforms allow people to bet on real-world events like politics, culture, economics, war, and sports. Their defining feature is the buying and selling of contracts.
Lone Star considers debt restructuring or sale of Italian coffee-machine maker Evoca
Lone Star Funds is exploring strategic options for Evoca, including a potential debt-for-equity restructuring with creditors, or a sale of the Italian coffee-machine manufacturer, according to a…
US Dollar: Higher yields support currency – MUFG
MUFG’s Derek Halpenny notes the US Dollar (USD) is strengthening as US fixed income sells off, driving global bond weakness and higher yields across the curve.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $63.80 per troy ounce, down 0.98% from the $64.43 it cost on Wednesday.
Blackstone shelves $3bn CFO deal amid investor concerns
TOP STORY: Blackstone has shelved plans for a roughly $3bn collateralised fund obligation designed to provide liquidity against a portfolio of ageing private equity fund stakes, highlighting the…
Bitcoin ETFs add $347M as BTC falls below $84K after topping $87K
US spot Bitcoin ETF inflows slowed to $347 million on Wednesday as Bitcoin fell below $84,000, while five-day inflows reached $2.65 billion.