Nelson Peltz’ activist fund Trian Partners takes seat on Rentokil’s board
Trian Partner’s Brian Baldwin has been appointed to Rentokil Initial’s board, just weeks after its share price plunged 18% on a profit warning about its...
Benchmark Treasury yields hit three-week highs as traders eye PCE inflation data
Bond yields rose amid hopes the U.S. economy is enjoying a soft economic landing despite the Fed completing a monetary policy tightening cycle.
Companies with high labor costs should benefit as job market slows. Some names are surprising.
The flip side of a labor market deteriorating is that wage pressure on profit margins ease. Here are companies that benefit.
ECB will cut rates more quickly than previously expected, HSBC says
The European Central Bank will likely make a series of consecutive 25 basis point cuts at each of its upcoming meetings between now and April...
Oil prices pull back as optimism over China stimulus plan fades
Oil futures traded modestly lower early Wednesday, pulling back from strong gains seen the previous session amid a broad commodity rally sparked by China’s announcement...
‘Knives Out’ actress Ana de Armas quits L.A. for $7.2 million rural Vermont estate
The 30-acre spread offers a country setting with pastures, mountain views, woods, walking trails, and a pool.
Lauren Sanchez visits humble Albuquerque home, but she and Jeff Bezos have plenty of real estate to choose from
Lauren Sanchez and billionaire fiancé Jeff Bezos boast one of the world’s most impressive property portfolios, with megamansions scattered across the U.S.
OECD forecasts U.S. economy to slow down next year
The U.S. economy will slow down next year but steer clear of a recession as the Federal Reserve cuts interest rates, a world body forecasted...
Chinese stocks extend gains after Beijing’s stimulus bazooka
Chinese stocks on Wednesday extended their rally triggered by Beijing’s stimulus bazooka, though optimism elsewhere in the region could not be sustained