Citadel founder Ken Griffin has warned that the US faces an increasingly unsustainable fiscal trajectory, calling for productivity-driven economic growth and reforms across Europe to address mounting debt pressures, according to a report by Fortune. Speaking at the Citadel Securities Future of Global Markets conference in New York, Griffin said the US government's fiscal position was "clearly not…
Surging demand for financing from hedge funds, partly driven by leveraged investments in artificial intelligence, has pushed Wall Street's largest banks to record equities trading revenues in 2026…
Egypt strongly condemned the attack on King Fahd Airport in Dammam, which killed two civilians and injured others, calling it a breach of international law.
Commerzbank’s Volkmar Baur notes that softer South African inflation reduces the likelihood of further SARB hikes and supports higher real rates, which is mildly positive for the Rand.