Forex
The trade deficit with Canada that’s upset Trump so much is due to crude the U.S. buys at a discount for the Midwest. ‘It’s...
President Trump imposed 50% tariffs on $20 billion worth of Canadian products to protest what he describes as discrimination against American exports, prompting Canada...
Forex
(Sm)all banks should compete on technology, not fear it
Between June 2019 and March 2026, U.S. community bank deposits grew roughly 26 %, or about $482 billion, despite the rise of stablecoins. Independent...
Forex
The U.S. Open turned exclusivity into a half-billion-dollar business, and the $23 Honey Deuce is just the beginning
The U.S. Open generated $559.6 million in operating revenue during its 2024 edition, up 9% from $514.1 million in 2023, with an operating margin...
Forex
Europe is still waiting for a trillion-dollar company. Here’s PitchBook’s frontrunner
While U.S. tech giants reach eye-watering $5 trillion valuations, Europe still lacks a single company in the trillion-dollar club. Dutch semiconductor firm ASML, based...
Forex
Scott Bessent dared the $32 trillion bond market with ‘I am the house now’ statement. It didn’t listen
U.S. Treasury Secretary Scott Bessent stated at Southern Methodist University that he could influence Japan's decisions regarding the yen, implicitly daring speculators to challenge...
Forex
The latest ‘crack in the thesis’ for the trillion-dollar AI boom: Tokens are getting cheaper
According to data from Ramp, the effective price per million tokens has fallen by 41% from March, from $1.15 to 68 cents. Usage of...
Forex
Silver Lake merges Cegid and Silae in 10 billion euro bet on AI-era software
Private equity fund Silver Lake plans to merge its two French software companies, Cegid and Silae, in a deal valued at over 10 billion...
Forex
Volatile yen risks ‘confused’ global markets, chairman of Japanese shipping giant says
The chairman of Mitsui OSK Lines, Takeshi Hashimoto, told CNBC that the weak yen benefits Japanese companies operating internationally due to revenue mainly denominated...