EM Stocks Set for Worst Week in 2 Years Amid Safe Haven Demand
Gauges for emerging-market stocks and currencies slipped Friday as risk assets took a hit from the latest flare-up in Middle East tensions.
Gauges for emerging-market stocks and currencies slipped Friday as risk assets took a hit from the latest flare-up in Middle East tensions.
The surprising resilience of the US economy would seem, on the face of it, to be good for corporations. But as the expansion plows ahead, pressures are forming beneath the surface to threaten some of the country’s riskiest companies.
PJT Partners Inc. has hired Orlando Knauss from Bank of America Corp. as a partner focused on dealmaking in the industrials sector, according to people with knowledge of the matter.
Higher-than-expected interest rates amid persistent inflation are perceived as the biggest threat to financial stability among market participants and observers, according to the Federal Reserve.
A group of FTX investors and customers has agreed to drop their claims against co-founder Sam Bankman-Fried in exchange for his cooperation against other defendants in a sprawling set of lawsuits over the cryptocurrency exchange’s collapse.
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