U.S. consumer sentiment improved in April following another round of fiscal stimulus and as job growth accelerated. At the same time, inflation expectations surged to the highest in nine years.
An index of New York city regional service-sector firms expanded in April after declining for 13 straight months, marking the first signs of life in a key industry battered during the Covid-19 pandemic.
Stockholm-based money manager Sean George is winding down the $100 million hedge fund he created as he steps down as chief investment officer of Strukturinvest for a new role outside Sweden.
The U.S. refrained from designating any trading partner as a currency manipulator in the Biden administration’s first foreign-exchange policy report, even as Switzerland, Taiwan and Vietnam met thresholds for the label.
Bank of America Corp. is selling bonds in as many as six parts, the latest U.S. bank to hit the market after earnings to borrow at some of the cheapest rates in years.
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