by Bloomberg.com | Aug 26, 2024 | AlphaTack Intel
Firms may convert foreign-exchange into yuan as Fed cuts Such a move may lead to a 10% advance in the yuan: Stephen Jen Chinese companies may be enticed to sell a $1 trillion pile of dollar-denominated assets as the US cuts interest rates, a move which could...
by Bloomberg.com | Aug 26, 2024 | AlphaTack Intel
Texas Municipal Retirement System is hiring three investment staff as it looks to expand direct investment capabilities in private markets, according to Yup Kim, chief investment officer of the $40 billion pension fund. Philip Hunter O’Brien will join as a managing...
by Bloomberg.com | Aug 26, 2024 | AlphaTack Intel
Economists expect third straight cut to policy rate on Sept. 4 Steady downward trend would bring rate to 3% by July 2025 Economists see the Bank of Canada cutting interest rates for a third consecutive meeting next week, continuing what’s anticipated to be a steady...
by Bloomberg.com | Aug 26, 2024 | AlphaTack Intel
McKesson Corp. agreed to buy a controlling stake in an arm of Florida Cancer Specialists & Research Institute, a privately held operator of clinics. Drug distributor McKesson will pay about $2.49 billion in cash for the holding in Community Oncology Revitalization...
by Bloomberg.com | Aug 26, 2024 | AlphaTack Intel
Pindrop Security works with banks to identify spam calls — it’s coming to social media next. The latest wave of artificial intelligence technology can mimic the voice of almost anyone – the president, a relative or a bank customer. This is the problem and the...
by Bloomberg.com | Aug 26, 2024 | AlphaTack Intel
Federal hearing begins Monday on FTC lawsuit to block tie-up Grocers say deal would help competition versus Amazon, Walmart Kroger Co. and Albertsons Cos. are finally getting their day in court. Nearly two years after the acquisition was announced, the grocery giants...
