Hong Kong's stock exchange reported its highest quarterly profit in nearly four years after China's stimulus measures boosted trading and listing volume.Bloomberg | Bloomberg | Getty ImagesBEIJING — Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around...
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Sen. Blumenthal asks Visa for records of its payments deal with Elon Musk’s X
Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021.Graeme Jennings | Pool via ReutersSen. Richard Blumenthal this week pressed Visa for detailed plans and documents related to its...
Activist Spectrum Entrepreneurial has a stake in Landis+Gyr, and it may be poised to build value
Landis+Gyr Group AG's residential and commercial FOCUS electric meter installation. Landis+Gyr Group AGCompany: Landis+Gyr Group AG (LAND-CH)Business: Landis+Gyr Group is a Switzerland-based company primarily engaged in the electrical components and equipment manufacturing business. It specializes in metering solutions for electricity, gas, heat/cold and water for energy measurement solutions for utilities. Landis+Gyr...
‘We don’t believe in the velvet rope:’ One money manager is giving retail investors access to private credit. But is it worth it?
They're generally reserved for the ultrawealthy and financial institutions.But the exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.BondBloxx's Joanna Gallegos thinks it's a great idea despite the asset class' reputation for charging high fees and academic research that have shown sluggish...
Private employers added just 77,000 jobs in February, far below expectations, ADP says
A person exits a Home Depot store in Midtown Manhattan on February 26, 2025 in New York City. Eduardo Munoz Alvarez | Corbis News | Getty ImagesPrivate sector job creation slowed to a crawl in February, fueling concerns of an economic slowdown, payrolls processing firm ADP reported Wednesday.Companies added just 77,000...