Blackstone’s Credit and Retail Lines Drive Narrow Profit Beat
Blackstone Inc. collected more fees from big retail funds and credit strategies during the first quarter, compensating for the slower pace of deal exits.
Blackstone Inc. collected more fees from big retail funds and credit strategies during the first quarter, compensating for the slower pace of deal exits.
Federal Reserve Bank of New York President John Williams said that there’s no rush to lower interest rates and economic data will determine the timing.
Taiwan Semiconductor Manufacturing Co. scaled back its outlook for a chip market expansion, cautioning that the smartphone and personal-computing markets remain weak.
UK Business Secretary Kemi Badenoch has criticized plans by the nation’s regulators to force financial firms to publish data about their staff including gender and ethnicity, warning the measures could raise costs and stifle growth.
Iran said it may review its nuclear policies if Israel threatens to attack the country’s atomic sites, and vowed to respond in kind to any such strike by the Jewish state.
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