Article content (Bloomberg) — European bonds rose sharply on the first day of trading in 2023, a sign traders are taking advantage of a recent selloff to lock in some of the highest yields in more than a decade before inflation starts to cool. Article content The rate on 10-year bunds fell as much as […]
Article content (Bloomberg) — Ukraine weathered a fresh New Year’s fusillade of missile and drone strikes one day after Russian strikes damaged three schools, a kindergarten, and several private houses. Ukraine’s air defense forces said it shot down 45 drones overnight. Article content Russia and Ukraine carried out a prisoner swap on Saturday that saw […]
Article content (Bloomberg) — The US Treasury market notched a record annual loss in 2022, fueled by inflation pressures that prompted the Federal Reserve to hike its overnight benchmark by more than four percentage points. Article content Yields peaked in October or November, then retreated as inflation gauges began to show moderation and Fed officials […]
Article content (Bloomberg) — A giant storm barreling across Canada and the US is disrupting travel in Canada’s major cities ahead of the holidays. Air Canada is warning of snow-related cancellations from Friday through Christmas Day at the country’s biggest airport, as well as in Vancouver, Ottawa, Montreal and Quebec City. WestJet said it is […]
Breadcrumb Trail Links PMN Business Buying a plot of land in rural America has never been so expensive. And that’s even with soaring interest rates. Author of the article: Bloomberg News Michael Hirtzer Published Dec 21, 2022 • 4 minute read Join the conversation kak34hc1a5u}h9xr0b2t(7j0_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — Buying a plot of […]
Article content (Bloomberg) — Core Scientific Inc., one of the largest miners of Bitcoin, became the latest crypto company to file for bankruptcy as the industry reckons with a plunge in digital-asset prices. The Austin, Texas-based company listed $1.4 billion of assets against $1.33 billion of liabilities in its Chapter 11 petition, which was filed […]
Breadcrumb Trail Links PMN Business Attorneys advising asset managers say Republican attacks are less likely to succeed than lawsuits targeting inadequate climate strategies. Author of the article: Bloomberg News Alastair Marsh Published Dec 18, 2022 • 3 minute read Join the conversation A Texas Senate Committee hearing on the ESG practices of finance firms in Marshall, […]