Pound on track for worst losses in nearly a year amid US recession fears
Pound on track for worst losses in nearly a year amid US recession fears – latest updates Jump to content Source link
Financial Assets
Operating Assets
Warren Buffett’s Berkshire Hathaway holds $235 billion in U.S. Treasury bills
Berkshire Hathaway has $234.6 billion worth of U.S. Treasury bills — that’s more than the Federal Reserve Berkshire Hathaway has $234.6 billion worth of U.S. Treasury bills — that’s more than the Federal Reserve In This Story Warren Buffett’s Berkshire Hathaway has $234.6 billion worth of short-term investments in U.S. Treasury bills, the massive conglomerate’s
Financial Assets
FTSE 100 leaps as Bank of Japan moves to stem global stocks rout
FTSE 100 leaps as Bank of Japan moves to stem global stocks rout – latest updates Jump to content Source link
Intangible Assets
World Intangible Investment Highlights – Better Data for Better Policy
Geneva, 25 June 2024 Key trends and insights Co-published annually by the World Intellectual Property Organization (WIPO) in partnership with the Luiss Business School (LBS), the World Intangible Investment Highlights reveal that intangible investments grew at three times the rate of tangible investments between 2008–2023, proving resilient despite economic uncertainty and tighter monetary conditions. Indeed,
Financial Assets
Bonds leap amid crypto tailspin
Cryptocurrency ATMs in Hong Kong. BLOOMBERG Bitcoin and ether dived yesterday to multi-month lows as worries over a possible US recession in the wake of soft data gripped financial markets while US Treasuries were among the day’s winners as investors rushed to safe-haven assets. Bitcoin plunged 13 percent to US$51,560 (HK$401,282) at one time,
Financial Assets
Dow drops 1,000 points as markets quake worldwide
NEW YORK (AP) — A scary Monday that started with a plunge abroad reminiscent of 1987 ’s crash swept around the world and pummeled Wall Street with more steep losses, as fears worsened about a slowing U.S. economy. The S&P 500 dropped 3% for its worst day in nearly two years. The Dow Jones Industrial
Financial Assets
Tokenized funds adopted by BlackRock and Coinbase, explained
The tokenization of real-world assets or funds has become a popular trend among cryptocurrency enthusiasts. Last week, the asset management division of Coinbase, a U.S.-listed cryptocurrency exchange, announced the creation of a tokenized money-market fund. Zepbound, the weight loss drug from Eli Lilly, found to help cut heart failure risks Prior to that, BlackRock, the