MarketWatch
Former PayPal CFO and venture capitalist Roelof Botha is joining SpaceX’s board and will serve on its audit committee.
Yahoo Finance
Bloomberg Markets
Andrew Szczurowski, strategic income portfolio manager at Morgan Stanley Investment Management, said that it is still to be determined if Kevin Warsh will follow through on hawkish signals he gave in his first press conference as Federal Reserve chair as the Fed held rates steady. Szczurowski, who was joined by Bloomberg Economy's Stuart Paul, said that despite the decision to hold rates, the FOMC remains very divided as members disagree on the direction the Fed should take interest rates. (Sou
MarketWatch
U.S. stocks stumbled on Wednesday, adhering to a long tradition of weak performance in the aftermath of a new Federal Reserve chairman’s first meeting at the helm.
Bloomberg Markets
Kelly Burton, High Yield Portfolio Manager at Barings, discussed the current dynamics in the high-yield credit market, emphasizing strong institutional demand for double B and single B rated credits with yields between 6-8%. Despite elevated yields expected to persist regardless of Federal Reserve actions, Burton noted a complex macroeconomic environment influenced by inflationary pressures, partly driven by geopolitical tensions such as the Iran conflict and high oil prices. She speaks with Rom
Bloomberg Markets
US President Donald Trump, speaking at the Group of Seven leaders meeting in Evian, France, says he and Israeli Prime Minister Benjamin Netanyahu "have a little dispute over Lebanon." (Source: Bloomberg)
Yahoo Finance