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Schroders Agrees $13.5 Billion Sale To Nuveen As Family Sells Out
Britain's Schroders (SDR.L), opens new tab is being taken over by U.S. asset manager Nuveen for 9.9 billion pounds ($13.5 billion).
The AI-Fueled Software Meltdown Is Overblown
The software sector has taken a massive beating on Wall Street over the past few months on fears that AI is destined to roll over the segment.
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UBS Wealth Management Raises Odds Of U.S. Recession To 25% From 20%
UBS Global Wealth Management has raised the odds of a U.S. recession to 25% from 20%, citing weakness stemming from softer jobs growth.
Momentum Is Reignited In The Stock Market's Bull Rally
Jerome Powell's dovish remarks at Jackson Hole on Friday have reignited momentum in the stock market's ongoing bull rally.
