(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Monday said “confidence is growing” that inflation is heading toward the U.S. central bank’s 2% goal, the[...]
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July 15, 2024
Exclusive-Goldman Sachs targets $2 billion for first Asia-focused private equity fund, sources say
By Kane Wu HONG KONG (Reuters) – Goldman Sachs aims to raise $2 billion in its first Asia Pacific-focused private equity fund, two people with knowledge of the bank’s fundraising plan said[...]
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Powell says he will stay at Fed through end of term as chair
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell on Monday said he has no plans to leave his post as head of the U.S. central bank before his term expires, pouring[...]
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Disney’s internal communications leaked online after hack, WSJ reports
(Reuters) -Data from Walt Disney’s internal Slack workplace collaboration system have been leaked online, including those related to ad campaigns, studio technology and interview candidates, the[...]
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BlackRock assets hit record-high $10.65 trillion on ETF flows, rising stocks
By Arasu Kannagi Basil and Davide Barbuscia (Reuters) – Assets managed by BlackRock hit a record $10.65 trillion in the second quarter thanks to rising client asset values and as investors pumpe[...]
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Exclusive-North Korean hackers sent stolen crypto to wallet used by Asian payment firm
By Tom Wilson LONDON (Reuters) – A major Cambodian payments firm received crypto worth over $150,000 from a digital wallet used by North Korean hacking outfit Lazarus, blockchain data shows, a g[...]
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Buffett’s Berkshire Hathaway sets, closes at record high
By Jonathan Stempel (Reuters) -Berkshire Hathaway’s share price set a record high on Monday, reflecting investors’ confidence in Warren Buffett’s company, which is often regarded as[...]
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Hedge funds’ bets on software companies hit record lows, Morgan Stanley says
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds’ exposure to software stocks in the U.S. reached “new multi-year lows” last week after a broader sell-off in the techn[...]
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Fed’s Powell: Latest data ‘add somewhat to confidence’ inflation is returning to 2%
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell said on Monday the three U.S. inflation readings over the second quarter of this year “add somewhat to confidence[...]
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