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Crypto Breaking News

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Bloomberg

RBC Says Stocks Can Weather Fed Hikes, But Not Too Many

Lori Calvasina, head of US equity strategy research at RBC Capital Markets, says the strength of US corporate earnings is propping up stocks amid concern that the Federal Reserve will raise interest rates. But there are limits to how many hikes the market can withstand, she says on Bloomberg Television's ``Surveillance.''

Read more: RBC Says Stocks Can Weather Fed Hikes, But Not Too Many
Bloomberg

Former Fed Chairman Alan Greenspan Dies at 100

Alan Greenspan has died at the age of 100. He served as Fed chief for 18 years, from 1987 to 2006, and was credited with guiding a record US economic expansion, but his legacy was later dimmed by the financial crisis that erupted in 2008. Greenspan died on June 22 at his home due to complications of Parkinson's disease. Bloomberg's David Westin looks back at his accomplishments.

Read more: Former Fed Chairman Alan Greenspan Dies at 100
GLMall
Retail

New book from GLBrain’s founder: SHIFT! turns four decades of disruption into a guide

Dr. Wolfgang Pinegger, owner and creator of the GloBra ecosystem, has published SHIFT!. The book describes his life as one of relentless reinvention, from shop floors to blockchains, and from a small Austrian village to travelling the world.

The book works as both memoir and guide to navigating change in business and in life.

Read more: New book from GLBrain’s founder: SHIFT! turns four decades of disruption into a guide
Bloomberg

Markets Expected Starmer's Resignation as UK PM: Amundi

Amundi Investment Institute Head Monica Defend discusses the market reaction to Keir Starmer's announcement that he will step down as British prime minister. Speaking on Bloomberg Television, she says "this was largely expected," which justifies the "containment in volatility." Defend adds there is still value on the yield and that "the real story is one of fiscal discipline."

Read more: Markets Expected Starmer's Resignation as UK PM: Amundi