What's breaking now, across thousands of outlets.
Citigroup Inc. will now advance some investment banking analysts to associates in two years instead of three. The move gives bankers a faster path to more responsibility and higher pay, while the bank gets to keep top talent. Bloomberg's Sridhar Natarajan reports. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Rising borrowing costs are taking a toll on households and businesses. But they are doing little to dampen enthusiasm for investments in A.I. infrastructure, which are contributing to inflation.
USD/CAD reverses its earlier gains on Monday as the Canadian Dollar (CAD) outperforms its major peers, while the US Dollar (USD) consolidates after mixed US business activity data.
Key PointsBrazilian Sen. Flávio Bolsonaro won 47.3% of the vote in Brazil's first round of presidential elections.
Key PointsBroadcom's recent financial results have been strong, and it still boasts a large addressable market.
The International Monetary Fund is set to use some Venezuelan data in its economic estimates for the first time in years, as the Washington-based lender ramps up engagement with the country.
