It takes a lot to bring private equity billionaires, crypto titans, some of the most important people from the Trump administration and a fallen tech founder into one room.
Federal Reserve Bank of Boston President Susan Collins said that there’s “more work to do” to bring inflation down and that while “we’re likely to see at least some” credit tightening as a result of recent banking turmoil, it will be important to monitor the data.
South Africa’s currency is on track for its biggest weekly gain of 2023, following Thursday’s larger-than-expected interest rate hike. For Nomura, this is just the beginning of the rally.
The Biden administration’s requirements for electric vehicle tax credits will reduce the number of models eligible for incentives until tens of billions of new investment in US manufacturing by automakers and suppliers kick in.
Amancio Ortega, the billionaire founder of Inditex SA, has paid €100 million ($109 million) for a luxury apartment building in Dublin, his first deal in Ireland.
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