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U.S. Stock Futures Gain, International Markets Also Rise
Finances

U.S. Stock Futures Gain, International Markets Also Rise

Markets U.S. Markets Benchmark 10-year Treasury yield slips Source link

The Metaverse Is Quickly Turning Into the Meh-taverse
Business

The Metaverse Is Quickly Turning Into the Meh-taverse

Disney and Microsoft both closed projects tied to the metaverse this month, while Facebook parent Meta focuses on artificial intelligence. Source link

How the Bank Mess Can Hit Home Buyers
Finances

How the Bank Mess Can Hit Home Buyers

Lenders probably aren’t going to be buying many mortgage bonds, which could put upward pressure on mortgage rates. Source link

Flexible Leases Let New York Renters Live the High Life
Business

Flexible Leases Let New York Renters Live the High Life

The owners of New York private members club Fasano Fifth Avenue opened in spring 2021 with 12 fully furnished luxury rental residences on Manhattan’s Upper

As Rates Rose, Banks Did a Balance-Sheet Switcheroo
Finances

As Rates Rose, Banks Did a Balance-Sheet Switcheroo

Lenders pledged to hold on to money-losing bonds until maturity, allowing them to avoid reporting losses. Source link

The Hidden Ecosystem of Free Vacation Stuff
Business

The Hidden Ecosystem of Free Vacation Stuff

Danielle Thomas dashed off one last Facebook post from Las Vegas on the way to check out of her hotel last week. It wasn’t like

Micron Revives Some of Its Worst Memories
Finances

Micron Revives Some of Its Worst Memories

The memory-chip maker is now losing billions as it writes down inventory to wait out downturn. Source link

For Alibaba, Six Is Bigger Than One---And a Smaller Target
Finances

For Alibaba, Six Is Bigger Than One—And a Smaller Target

There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same

UBS Brings Back Sergio Ermotti as CEO
Finances

UBS Brings Back Sergio Ermotti as CEO

UBS said its former leader Sergio Ermotti will return as chief executive, as the Swiss banking giant moves into a new era with its takeover