By Joe Hoppe Barclays PLC said Monday that Chief Executive Officer C.S. Venkatakrishnan has been diagnosed with non-Hodgkin lymphoma, with treatment expected to last 12 to 16 weeks. The FTSE Read more
Tag: UK:BARC
Elon Musk slashing jobs at Twitter to avoid $700M loss next year: sources
Elon Musk’s drastic decision to lay off half of Twitter’s workforce on Friday was driven by the company’s dire finances — with the now-private company on track to lose $700 million in Read more
Barclays profit and income beat forecasts
Barclays PLC said Wednesday that its third-quarter pretax profit and total income rose ahead of market views, and that it achieved income growth in all three of its businesses. The Read more
Hot U.S. inflation is boosting market expectations for a 5% or higher fed-funds rate in a matter of months
With inflation showing no signs of letting up, expectations are building in financial markets for a 5% fed-funds rate by March that’s likely to bring more volatility across equities, bonds Read more
Why questions are swirling about who will buy more than $31 trillion of U.S. debt — and at what price
For the first time ever, U.S. national debt crossed above $31 trillion this month, at a time when the Federal Reserve is in retreat from buying government debt and foreign Read more
‘Inflation is going to be stickier than most people imagine’: Inside the obscure market where traders have mostly been right about price increases.
Inflation trader Gang Hu of WinShore Capital Partners in New York is shown. Source: WinShore Capital Partners For the past 20 years, Gang Hu has traded Treasury inflation protected securities Read more