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Hong Kong highlights China’s policy of decoupling from US financial markets
Sinographs June 2, 2025 • 1:20 pm ET
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Truxton Capital Advisors Serves as Sole Financial Advisor to T&R Recovery in Growth Investment from Genesis Park and Cyprium Partners
Truxton Trust Company NASHVILLE, Tenn., June 02, 2025 (GLOBE NEWSWIRE) — Truxton Capital Advisors (TCA) is pleased to announce its role as the exclusive financial advisor to T&R Recovery Holdings, LLC (“T&R Recovery” or the “Company”) in connection with a strategic growth investment from GP Capital Partners, LP, an investment fund managed by Genesis…
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Consumers Are Financing Their Groceries. What Does It Say About the Economy?
Increased use of “buy now, pay later” loans may signal shifting consumer habits, but could also be a troubling sign of financial stress.For some American consumers, “buy now, pay later” loans aren’t just for big-ticket items like televisions and vacations. They’re for groceries, too.When Tia Hodge stocked up at her local Kroger in early April,…
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JPMorgan Chase To Open New ‘Elevated Concierge Type Of Service’ Brick-And-Mortar Locations To Woo Wealth Clientele
JPMorgan Chase announced the opening of 14 new Financial Centers across four states this week The brick-and-mortar locations are aimed at serving its Private Client tier, who have over $750,000 in qualifying deposits and investments with the institution The new financial centers join to existing locations in San Francisco and New York City that…
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S&P 500 saw best May since 1990: What to expect in June & beyond
00:00 Jared Blikre The S&P 500 just clocked its best May in 35 years, but what happens next? I’m Jared Blikre, host of Stocks and Translation. Now, May was a market blockbuster, up just over 6%, the best showing since 1990, the second best since 1948. The historic post liberation day selloff, it felt like…
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Disney Mass Layoffs Cut Across TV, Film, Corporate Finance
Disney is swinging the axe again, laying off several hundred employees globally across multiple teams. The layoffs are being conducted Monday, affecting teams including those that handle marketing for both film and TV, publicity, casting and development as well as corporate financial operations, sources tell Variety. Disney is positioning the cuts as enhancing its ability…
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Opening remarks by Chair Powell at the International Finance Division 75th Anniversary Conference
From federalreserve.gov|11 hr ago|1 comment Thank you, Beth Anne. I want to start by offering my condolences to the family and friends of former Vice Chair Stanley Fischer. Stan was a colleague of ours at the Fed, and a giant in the field of international economics. In addition to reaching the highest levels of the…
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Musk’s xAI seeks $113 billion valuation in $300 million share sale, FT reports
(Reuters) – Morgan Stanley is shopping a $5 billion debt package for Elon Musk’s xAI and the artificial intelligence company is seeking a valuation of $113 billion in a share sale worth $300 million, according to media reports on Monday. The debt sale, launched Monday, includes a term loan B, a fixed-rate term loan…
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The Information hires Pau to cover tech deals and finance
Valida PauThe Information has hired Valida Pau to cover tech deals and finance in New York.Pau recently graduated from Wellesley College with a degree in economics and history.She interned last summer at Bloomberg News on the deals team and also interned at CNBC in 2023.
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Cube AI suite aims to ease finance platform, communication gaps
Navigating ongoing economic volatility remains top of mind for CFOs and their fellow C-suite leaders — tariffs, changes in the global economy, and how those shifts could affect the business’ day to day are among the biggest concerns cited during conversations with finance chiefs and fellow CEOs, Christina Ross, CEO and founder of FP&A platform…