US Budget Surplus for April Plunged 43% on Weakening Tax Revenues
The US federal government’s budget surplus for April was down 43% from a year ago, thanks to a slide in tax revenues for the month that annual household…
Source: biztoc.com
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Italy to withdraw from China's ?Belt and Road? investment pact
Italy has signaled to the US that it intends to withdraw from China's controversial "Belt and Road" investment pact before the end of the ye
Source: shanghaisun.com
US inflation shows signs of moderating, giving the Fed room to pause
US inflation showed signs of moderating in April, giving the Federal Reserve room to pause interest-rate increases soon. • None Steve Schwarzman Holds Off…
Federal Reserve Desantis After Meeting Shows Signs Giving Fed Room None Italy Intends Exit China Belt
Source: biztoc.com
Topgolf Sinks Most Since 2020 on Concern Golf Boom Is Fading
Topgolf Callaway Brands Corp. tumbled by the most since October 2020 on Wednesday after the company cut its profit forecast for the year, signaling that…
Topgolf Callaway Brands Corp Topgolf Callaway Brands Desantis After Meeting None Italy Intends Exit China Belt Road Pact
Source: biztoc.com
Alibaba, JD.com Earnings Will Likely Give Stocks Little Help
Hopes for a much-needed boost in Chinese tech shares from earnings is likely to fizzle as signs grow that the nation’s post Covid recovery is losing steam. •…
Source: biztoc.com
$10.6 Billion Lithium Deal to Create World's No. 3 Producer
Allkem Ltd. will combine with fellow lithium producer Livent Corp. to create a company with a valuation of $10.6 billion, the latest deal in a sector that’s…
Source: biztoc.com
China Names Li Top Financial Regulator in Surprise Move
China picked a little-known local government official as the nation’s top regulator overseeing the $61 trillion financial sector, in a surprise move after…
Source: biztoc.com
Argentina Is Going Broke to Stall a Full-On Currency Collapse
Argentina’s fight to prevent its problematic currency from a total meltdown is leaving the central bank, by some estimates, broke. • None Steve Schwarzman…
Source: biztoc.com
Sweden's Sobi to buy CTI Biopharma in US for $1.7 billion
Swedish Orphan Biovitrum AB has agreed to buy bio-pharmaceutical company CTI BioPharma Corp. in a deal valued at $1.7 billion. • None Steve Schwarzman Holds…
Source: biztoc.com
Sweden's Sobi to Buy CTI Biopharma for $1.7 Billion
Swedish Orphan Biovitrum AB agreed to buy US biotech CTI BioPharma Corp., which develops therapies for blood-related cancers, in a deal valued at $1.7…
Source: biztoc.com