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Texas Governor Greg Abbott has his eyes on Chicago.
Greg Lippmann, the trader who was immortalized in Michael Lewis’s book “The Big Short,” sees a soft landing by the Federal Reserve as unlikely and is focusing on investments that would perform well in a tougher economic environment or if rates were to rise further.
(Bloomberg) -- Donald Trump rode down the escalator at Trump Tower to announce he was running for president in 2015. The Fifth Avenue skyscraper had long served as the backdrop to his business success story, which in turn became the foundation for his rise in politics.
(Bloomberg) -- The average monthly mortgage payment in the US increased 46% in 2022 as interest rate hikes squeezed home borrowers, according to the Consumer Financial Protection Bureau.
European equities fell to six-month lows on Wednesday, as conviction grew that central banks were set to keep interest rates high for a prolonged period of time.
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