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Trump's Fed Chair Pick May Come In The Next Week Or So: Bessent
President Trump has made it clear that he intends to replace Federal Reserve Chair Jerome Powell.
Tether CEO Aims To Allocate Up To 15% Of Its Portfolio To Gold
Tether plans to allocate 10%–15% of its investment portfolio to physical gold.
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Credit Suisse Weighs Replacing Risk Chief in Looming Executive Shake-Up
Credit Suisse Group AG leaders are discussing replacing chief risk officer Lara Warner while sparing Chief Executive Officer Thomas Gottstein.
Bullish Jobs Prediction: Bank Of America Says Employment Will Return To Pre-Pandemic Levels By Year’s End
Analysts from Bank of America expect jobs to return to pre-pandemic levels by the end of the year if that pace of improvement continues.
U.S. money market funds see heavy inflows for second week
U.S. money market funds saw strong demand as concerns over higher U.S. bond yields and rising COVID-19 cases in Europe sent investors to safer avenues
Reality Check: Higher Capital Gains Rates Rarely Hurt Stocks
UBS has found that history shows no discernible correlation between equity valuations and changes to the capital gains tax rate.