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EquiLend sold for a big multiple while U.S. mergers stalled

22+ min ago — 

...Private equity results were worse.... ...That’s one of the questions that private equity and bankers keep... ...software company backed by Goldman Sachs, Greater Sum Ventures,... ...million in seed funding from Animoca Brands, Infinity Ventures Crypto...

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Economic pessimists’ bet on a 2023 recession failed. Why are they doubling down in 2024?

34+ min ago — 

...Skeptics such as Larry Summers said it would take 5 years of 6% unemployment... ...could fall and the labor market ease graciously in the face of the Fed...

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Elon Musk says he’s prepared to go to prison if U.S. government tries to censor X

33+ min ago — 

...If the deep state comes for Elon Musk, the Tesla and X boss is ready... ..., the Sandy Hook conspiracy theorist whose X account Musk reinstated... ...Vivek Ramaswamy and self-described “proud islamaphobe” Laura Loomer... ...“If they gun down Elon musk, that only makes him bigger,” Jones said...

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Fastest growing job in the U.S. pays $103K a year without a college degree

25+ min ago — 

...emails) may no longer exist in the future thanks to automation, America... ...Despite previous research from The World Economic Forum forecasting... ...According to the Bureau of Labor Statistics, it's the fastest-growing...

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Saudi Arabia dives deeper into Western assets as it looks set to become the majority owner of the U.K.’s busiest airport in a $12bn deal...

43+ min ago — 

...another Western asset: The Sunday Times of London reports that the... ...process of taking majority control of London Heathrow Airport after... ...s Civil Aviation Authority (CAA).... ...That would give Saudi Arabia and Ardian a 60% stake in the airport...

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Fed expected to keep interest rates unchanged—does that mean rate hikes are over?

56+ min ago — 

...Fed Chair Jerome Powell, though, has recently downplayed the idea... ...With inflation edging closer to the Federal Reserve’s 2% target,... ...Austan Goolsbee, president of the Federal Reserve Bank of Chicago... ...Jim Bullard, former president of the Federal Reserve Bank of St....

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Consumers spent 2023 asking Google why eggs, Taylor Swift tickets and sriracha sauce were so expensive...

1+ hour, 35+ min ago — 

...and Syria.... ...Your Google search history for 2023 has arrived.... ...Inter Miami CF, the new home of Argentine soccer superstar Lionel... ...Meanwhile, the late Matthew Perry and Tina Turner led search trends...

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Goldman Sachs’s chief economist says the market may be getting ahead of itself on rate cuts—and decreases won’t come as soon as people hope...

1+ hour, 11+ min ago — 

...So while Jerome Powell and the rest of the Fed are expected to continue... ...That's according to Jan Hatzius, chief economist at Goldman Sachs... ...of Chicago Booth School of Business, 5% of economists predict a...

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What the sudden exit of Spotify’s CFO says about the skills companies want in 2024

37+ min ago — 

...Daniel Ek, founder, CEO, and chairman of the board of Spotify, said... ...Spotify’s CFO Paul Vogel is stepping down from his position.... ...So I asked Shawn Cole, executive recruiter and president of Cowen... ...Russell Reynolds Associates (RRA)....

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Shohei Ohtani’s record $700m contract with the LA Dodgers is boosting his sponsors’ stock prices and expected to have a $437m impact in just one year...

1+ hour, 58+ min ago — 

...Financial Group Inc., Japan Airlines Co., Kose Corp. and Seiko... ...with the Los Angeles Dodgers may also be a boon for his corporate... ...Ohtani was courted by several teams including the Toronto Blue Jays... ...us from the bad news,” said Shoichi Arisawa, an analyst at Iwai...



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