by Bloomberg.com | Aug 21, 2024 | alerts, Markets/Economy
Early revision showed 818,000 fewer jobs in year through March Pace of job growth still healthy but moderation began sooner US job growth was probably far less robust in the year through March than previously reported, keeping pressure on the Federal Reserve to cut...
by Bloomberg.com | Aug 21, 2024 | alerts, Markets/Economy
The euro rose to the highest level in one year against the dollar as currency traders bet US central bankers will reinforce the case for lower borrowing costs at the Federal Reserve’s Jackson Hole economic symposium. The euro gained as much as 0.4% on Wednesday to...
by Bloomberg.com | Aug 21, 2024 | alerts, Markets/Economy
ASIC says more investors becoming exposed to private markets Australia regulator outlines strategic priorities in report Private markets in Australia are hiding potentially large risks to a growing number of investors amid their rapid expansion, making them a key...
by Bloomberg.com | Aug 21, 2024 | alerts, Markets/Economy
Private-market assets under management to reach $65 trillion Bain calls it ‘the biggest opportunity in financial services’ A wide variety of asset managers need to look at investing in private markets if they want to avoid wipe-out, while revamping their entire...
by Bloomberg.com | Aug 21, 2024 | alerts, Markets/Economy
India’s trade minister Piyush Goyal on Wednesday said the growth of big e-commerce companies such as Amazon.com Inc. risks putting about 100 million small mom-and-pop stores in the country out of business. “I don’t see it as a matter of pride that half our market...