Twitter Inc. shares extend losses for a third session, widening the gap between Musk’s $54.20/share offer. Deal talks said stuck over debt financing.
BofE was confronted with a nightmare scenario it had long feared. UK financial markets faced a liquidity crunch at a time of soaring inflation.
Federal Reserve Bank of New York President John Williams said interest rates need to rise to around 4.5% over time.
Elon Musk and Jason Calacanis messaged about how return-to-office mandates could be used as a ‘gentlemen’s layoff’ to get workers to voluntarily quit.