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Wall Street banks pick up buyback pace ahead of key Fed tests
NEWS REGULATION AND LEGISLATION JUN 26, 2024
Wall Street banks pick up buyback pace ahead of key Fed tests

The six largest lenders bought back more than $14B in shares in the first quarter as regulators hint at "lite" version of new rules.

A port strike is the last thing the US economy needs
NEWS INDUSTRY NEWS JUN 26, 2024
A port strike is the last thing the US economy needs

Supply chain issues are already a risk, industries want to avoid more.

Election supercycle is making ESG investors nervous
NEWS INDUSTRY NEWS JUN 26, 2024
Election supercycle is making ESG investors nervous

With multiple elections globally, anti-green backlash is in focus.

Nomura trading and investment head gets $12M paycheck
NEWS INDUSTRY NEWS JUN 26, 2024
Nomura trading and investment head gets $12M paycheck

It's the biggest ever for Japan’s biggest brokerage.

Nvidia's investment case will last for years, says "Big Short" portfolio manager
NEWS INDUSTRY NEWS JUN 25, 2024
Nvidia's investment case will last for years, says "Big Short" portfolio manager

The $430B slide in the vaunted AI stock hasn't scratched the long-term story, according to Steve Eisman.

Still upside risks left to inflation, says Fed's Bowman
NEWS INDUSTRY NEWS JUN 25, 2024
Still upside risks left to inflation, says Fed's Bowman

Pinpointing several hotspots, the Federal Reserve governor is standing pat on projecting no rate cuts this year.

Nvidia, Bitcoin just reminded investors of a market fundamental
NEWS INDUSTRY NEWS JUN 25, 2024
Nvidia, Bitcoin just reminded investors of a market fundamental

What goes up can go down, whatever the investment.

Credit may be a better bet than Treasuries, says Deutsche
NEWS INDUSTRY NEWS JUN 25, 2024
Credit may be a better bet than Treasuries, says Deutsche

Bank's CIO says US spending is likely to increase.

Ozempic's Novo to invest $4.1B in another US factory
NEWS INDUSTRY NEWS JUN 25, 2024
Ozempic's Novo to invest $4.1B in another US factory

Drugmaker wants to bring down cost in its biggest market.

New York's congestion costs the city $9B in lost time
NEWS INDUSTRY NEWS JUN 25, 2024
New York's congestion costs the city $9B in lost time

Chicago, LA, and Boston also make the global list.