Economy
Jefferies’ quarterly profit beats estimate as dealmaking rebound drives record advisory fees
By Prakhar Srivastava and Lananh Nguyen (Reuters) - Jefferies has reported third-quarter profits that surpassed analyst expectations on Monday, with a resurgence in deal-making propelling advisory fees to unprecedented levels.…
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Lasted Economy
Constellation refocusing on grid-connected AI data center power projects
Constellation Energy, a major player in the energy sector, is shifting its focus towards potential data center projects that connect…
France and Germany to set up joint security council
Title: France and Germany to Enhance Defense Cooperation with New Security Council France and Germany are strengthening their cooperation in…
Charles Schwab Alumnus Owns AMD, NVDA Stock
Lee Munson, a former employee of Charles Schwab, recently shared his investment portfolio on the Schwab Network, revealing that he…
Griffin calls tariffs a ‘painfully regressive tax,’ hitting working class the hardest
Billionaire Ken Griffin, the CEO of Citadel hedge fund, recently expressed his concerns about President Donald Trump's tariffs and their…
US scraps Biden-era rule that aimed to limit exports of AI chips
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
US banks modest use of risk transfers is credit positive, Moody’s says
U.S. Banks Utilize Credit Risk Transfers to Manage Loan Portfolio Risks By Shankar Ramakrishnan (Reuters) - A recent report by…
Fed rate decision May 2025: Fed holds rates steady
The Federal Reserve decided to hold its key interest rate unchanged in the face of uncertainty surrounding the Trump administration's…
Federal Reserve holds rates steady as it warns of rising economic risks
The Federal Reserve has decided to keep US interest rates steady for the third consecutive meeting, citing concerns over President…