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19/08/2025
U.S. Commerce Secretary Ross: Intel has the potential to make us a player in the chip field. President Trump's acquisition of a 10% stake in Intel is not for seeking control or voting rights.
Latest
10 m ago
The US Department of the Treasury auctioned six-month Treasury bonds with a bid yield of 4.245% and a bid-to-cover ratio of 2.57.
10 m ago
In its latest report, S&P Global Ratings stated that the performance of US public retirement funds is expected to exceed typical investment expectations due to benefiting from strong stock market returns. Analysts predict that the rate of return on pension funds for the fiscal year ending in June will be between 11% and 12%, primarily driven by significant increases in stock prices. This year's better-than-expected performance further increases the estimated return rate for the 2024 fiscal year retirement funds to 16% to 17%. S&P noted that there is typically a one-year lag between measuring pension fund performance and formal reporting. The report stated that fund managers typically set a return target of at least 7% to maintain funding adequacy. S&P also raised its discount rate guidance from 6% to 6.5% based on market expectations that the market situation will continue to be driven by technologies such as artificial intelligence that improve productivity, as well as returns from private equity.
10 m ago
Standard & Poor's: US public pension fund returns expected to exceed expectations.
10 m ago
Hedge fund Tom Capital exclusively drives a meeting with railway operator CSX. After investing in the railway operator, they request a meeting with CSX's board of directors.
13 m ago
Benin Civil Defense Agency: Bus plunges into river accident has killed 27 people.
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