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Finance & Markets

Tradeweb Markets To Buy Trumid Holdings For $1.97 Bln

(RTTNews) - Tradeweb Markets Inc. (TW), an electronic trading platform, said that it has inked a deal to acquire Trumid Holdings, LLC, a financial technology company, for around $1.97 billion, subject to adjustments, which is comprised of $1.75 billion for the business and approx

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

Read the original at nasdaq.com →

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The net fiscal impact of immigration should include gains from trade

Immigration affects natives through both labor markets and public budgets, yet these channels are usually studied separately.

  • One percentage point increase in immigrant inflows boosts native welfare in 14 of 17 economies
  • Lower-skilled natives gain from higher pre-tax earnings due to job creation
  • Higher-skilled natives benefit from lower labor-tax burdens as main gain

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