Cava Avoids the Diner Pullback That’s Hitting US Restaurants

May 15, 2025 | Markets

Cava Group Inc. sales rose in the first quarter, defying the consumer malaise that rivals have blamed for a slowdown in restaurant visits. Sales at established restaurants grew 10.8% in the three months ended April 20, in line with the average estimate of analysts...

Smart Money Loses to Retail Crowd That Bet on Stock Rebound

May 15, 2025 | Markets

President Donald Trump’s tariffs announcement on April 2 devastated financial assets, wiping out some $6 trillion in market value from US stocks in just two trading days. Wall Street’s “smart money” — hedge funds and other professional investors — dumped equities, and...

China’s Investors Signal Trade Truce Is No Panacea for Markets

May 14, 2025 | Markets

The trade truce is not enough to ignite a rush into Chinese financial assets amid expectations of reduced policy stimulus and lingering uncertainty on a final deal. While Chinese stocks have rallied following the agreement, recouping their losses since the April 2...

Pension Funds Agree to Invest 5% Into UK Private Assets

May 13, 2025 | Markets, Private Markets

UK pension fund managers have agreed to invest at least 5% of their assets into UK private markets, marking a win for the Labour government that’s seeking to boost the economy by drawing billions of pounds into local startups and infrastructure projects. Seventeen...

Trump’s Vow to Cut US Drug Prices Drags Pharma Stocks Lower

May 12, 2025 | Markets

President Donald Trump said he plans to order a cut in US prescription drug costs to bring them in line with other countries, spurring a drop in pharmaceutical shares worldwide. Trump said drug prices will be cut by “59%, PLUS!” in a social media post on Monday. Over...