by New York Post | May 1, 2025 | AlphaTack Intel
Kohl’s canned its newly hired chief executive after an investigation showed he had cut a “highly unusal” business deal with a woman who had been his romantic partner, according to a report. Ashley Buchanan — hired to lead the department store chain just four months...
by Bloomberg.com | May 1, 2025 | AlphaTack Intel
Treasury Secretary Scott Bessent said that the US Treasury market is telegraphing that the Federal Reserve ought to lower interest rates. “We are seeing that two-year rates are now below fed funds rates. So that’s a market signal that they think the Fed should be...
by Bloomberg.com | May 1, 2025 | AlphaTack Intel
McDonald’s Corp. US sales fell sharply in the first quarter, reflecting a deterioration in consumer sentiment that’s making it harder for restaurants to lure in diners. Same-store sales slumped 3.6% in the US, according to a statement Thursday, mainly because of a...
by Bloomberg.com | May 1, 2025 | AlphaTack Intel
Apollo Global Management Inc. raised about $5.4 billion for a vehicle that enables investors to cash out of private funds early, spurred by a sluggish dealmaking climate. The fundraising for Apollo’s S3 Equity and Hybrid Solutions fund surpassed its target, according...
by Bloomberg.com | May 1, 2025 | AlphaTack Intel
Janet Yellen warned that the risk of a US recession has “gone way up” after Donald Trump’s sweeping tariffs rattled financial markets, consumers and businesses. The former Federal Reserve chair said in an interview with the Financial Times that the tariffs on major...
by Bloomberg.com | Apr 30, 2025 | AlphaTack Intel
US equity futures rallied Thursday on stronger-than-expected tech earnings and signs the Trump administration may be close to announcing the first round of trade deals to reduce planned tariffs. Contracts for the S&P 500 and Nasdaq 100 both gained at least 0.9%,...
