by Bloomberg.com | Jun 3, 2024 | alerts, Markets/Economy
Developer is counting on a rebound in sales to end cash woes Chinese authorities have stepped up measures to support market China Vanke Co.’s sales slump moderated in May, as a thaw in housing market sentiment boosted the state-backed developer that’s become a focus...
by Bloomberg.com | Jun 3, 2024 | alerts, Markets/Economy
Rise in pig prices doesn’t mean the pork cycle has turned Fewer smallholders has put industry on a better footing China’s hog farmers may have turned a corner after a surge in profits last month, but a sustained improvement in the industry’s fortunes could still prove...
by Bloomberg.com | Jun 3, 2024 | alerts, Markets/Economy
Ten-year Treasury yield slips to the lowest in over a week Investors look to manufacturing, jobs data to price Fed cuts Treasuries rose, taking benchmark yields to the lowest levels in more than a week, after US manufacturing data reinforced bets the Federal...
by Bloomberg.com | Jun 3, 2024 | alerts, Markets/Economy
Mercer Advisors is launching a new platform for clients with at least $5 million in investable assets as it pushes further into a hot corner of the finance world. Mercer Advisors, which manages roughly $60 billion in assets across more than 30,000 families, is pushing...
by Bloomberg.com | Jun 2, 2024 | alerts, Markets/Economy
Americans rely on credit, as disposable income declines Fed is hoping for a slowdown, not a breakdown in US economy The main drivers behind the remarkably resilient American consumer are losing steam at the same time, suggesting a recent pullback in household demand...
by Bloomberg.com | May 31, 2024 | alerts, Markets/Economy
His net worth slides $11.7 billion amid high AI expectations Dell shares plunge the most on record after posting results Michael Dell’s wealth tumbled the most in a single day after the computer company he founded posted results that disappointed investors. Dell’s net...
