Nov 18, 2024 | Markets
The bank is looking to create separate industry-owned company Tech allows firms to issue and settle assets on the blockchain Goldman Sachs Group Inc is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large...
Nov 18, 2024 | Markets
That’s on top of cash firm previously raised for Asia, Europe Unit focuses on capital solutions, hard assets and distress Bain Capital raised $5.7 billion for global special situations that will be deployed alongside the $3.3 billion it previously raised for funds and...
Nov 17, 2024 | Markets
Investors this year have grown increasingly confident the US economy will achieve a “soft landing.” But the election of Donald Trump as the nation’s next president has complicated the outlook. And some economists now think it’s likely the US...
Nov 17, 2024 | Markets
Consumer prices rose in line with expectations in October, signaling further moderation of inflation. But economists expect that trend could reverse quickly if Donald Trump follows through with his promises to impose 10%-20% tariffs on all imports and a 60% tariff on...
Nov 16, 2024 | Markets
A hi-tech factory has created a new way to attack Ukraine: a small number of highly destructive thermobaric drones surrounded by swarms of decoys. The plan, which Russia dubbed Operation False Target, is intended to force Ukraine to expend scarce resources to save...
Nov 16, 2024 | Markets
Home prices are at all-time highs, and — amazingly — are still rising. Compare today’s average price to that of 2007, which is generally thought to be the peak of America’s biggest-ever housing bubble: And mortgage rates, which were supposed to fall when the Fed...