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If approved, the Nicholas Bitcoin and Treasuries AfterDark ETF would buy and sell bitcoin-linked financial instruments outside U.S. trading hours.
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Sundance 2026 Lineup Includes Films With Jenna Ortega, Charli XCX, Seth Rogen, Russell Crowe, Ethan Hawke & More In Park City Finale DeadlineSundance 2026 lineup unveiled: Charli XCX, Olivia Wilde, Brittney Griner and more AP News'A lot for everyone': Sundance releases programming for final Utah film festival KSL.comCharli XCX's The Moment, Courtney Love Doc to Premiere at Sundance 2026 PitchforkSundance Programmers Break Down a 2026 Lineup Filled
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Ardian has launched a new evergreen vehicle providing professional investors with access to its infrastructure strategy.
The post Ardian to give pro investors access to its infra strategy through new evergreen investment fund appeared first on AltAssets Private Equity News.
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The Federal Reserve on Wednesday made its final final interest rate move of the year.
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AI can transform your productivity — but only if you know the right way to communicate with it.
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The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.
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President Trump said Nvidia can export some chips. But years of U.S. restrictions have propelled China to make everything it needs for advanced A.I.
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Retirees are in a tough spot needing stock market growth to fight inflation, but their personal finance plans can't stomach a major market correction.
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Mackenzie Investments has launched the Mackenzie Northleaf Multi-Asset Private Markets Fund, a new vehicle designed to give Canadian accredited investors access to private equity, private credit and infrastructure. The fund, which was unveiled in partnership with Northleaf Capital Partners, aims to provide a diversified portfolio of mid-market private market investments, targeting a 60/40 mix of growth […]
The post Mackenzie and Northleaf launch multi-asset private markets fund appeared first on AltAssets Private Equity News.
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Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.
The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will continue to hike rates over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort to tame inflation, including the Bank of England and Switzerland's National Bank, which earlier today issued 50 basis point and 75 basis point rate hikes, respectively. (A basis point is one one-hundredth of a percentage point.)
SEE MORE 10 Best Marijuana Stocks to Buy Now
"Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession," says Edward Moya, senior market strategist at currency data provider OANDA. "Most of these rate hikes around the world are not done yet which means the race to restrictive territory won't be over until closer to the end of the year."
The reaction here at home was a selloff in bond prices, which sent yields on government notes spiking. The 10-year Treasury yield surged 19.2 basis points to 3.704% - its highest level since early 2011 - while the 2-year Treasury yield spiked 12.1 basis points to 4.116%, its loftiest perch since late 2007.
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As for stocks, the tech-heavy Nasdaq Composite
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WHAT are Republican lawmakers in politics to achieve? Not many years ago, at the peak of their outrage over Barack Obama''s economic stimulus package, 'balanced budgets' might have featured in the answer. But the frenzied passage of the Tax Cuts and Jobs Act through Congress has revealed the insincerity of the party''s fiscal moralising. Republicans in Congress do not oppose government borrowing when it suits them. Rather, the overarching policy objective that unifies them is cutting taxes—and damn the fiscal consequences. Following the passage of the tax bill through the Senate in the early hours of December 2nd, Republicans are on the brink of achieving their goal.On November 30th budget scorekeepers unveiled a forecast for how much extra economic growth the tax bill might spark: enough to pay for about one third of its $1.5trn cost. Previously, Republicans might have viewed this projection as a triumph. They have long pressed for budget forecasts to include such 'dynamic' effects (see blog). But the score briefly seemed to imperil the bill. It undermined the absurd claim, made by the Republican leadership and the Trump administration, that tax cuts would pay for themselves in full. No serious economist ever thought this credible. Yet the official score seemed to blow Republicans'' ...
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