Goldman Sachs Group’s asset management arm has raised one of the largest pools of capital targeting stakes in private real-estate funds, benefiting from investors’ desire to take advantage of mounting liquidity problems among other investment managers and their limited partners.
The stark reality of Australia’s growing problem with sticky inflation is that the Reserve Bank of Australia may soon have to embark on a full-blooded extension of its tightening cycle, announcing not just one more rate hike, but delivering a series of increases to put the matter to rest.
Academy Sports & Outdoors’ CFO is looking to holiday promotions, equipping the pickleball fanatics and adding chic sneaker brands, among other things, to get consumers to spend.
Cruisers are booking further in advance and paying more as berths fill up.
Job openings at small businesses remain well above prepandemic levels, despite Fed rate increases.
The founders of Ben & Jerry’s speak about mixing politics with business, the ice cream brand’s future, and why Ozempic doesn’t worry them.
Interactive Brokers is launching yes-or-no contracts on future economic and climate events.
A high-tech approach made Reed Sheppard the best shooter in college basketball. Now NBA teams are clamoring to draft him.
Artificial intelligence is going to change Apple’s gadgets. Here’s a guide to what’s safe to purchase right now.
French consumers are feeling less confident about their prospects amid surprise elections, a fresh headwind for the country’s fragile economic recovery.
Dutch Prime Minister Mark Rutte will take on the leadership of the alliance as it faces rising tension with Russia—and maybe across the Atlantic.
Former President Donald Trump needs to be restrained, while President Biden needs to reassure voters about a second term.
The presidential order is estimated to affect thousands of veterans.
European natural-gas prices traded higher on prospects of stronger demand in Asia and supply concerns in Norway.
Chief Sustainability Officer Melanie Nakagawa says she is open to the right kind of carbon offsets, small nuclear reactors and even more composting in her battle to improve the climate.
Atos said it received a revised financial restructuring proposal from a representative committee of bondholders after the consortium that included shareholder Onepoint withdrew from discussions with the struggling French IT company.
German consumers joined businesses in offering a more pessimistic outlook, reflecting more uncertainty about the country’s economic rebound.
The proceedings lack due process, at a time of heightened tensions between Washington and Moscow.
BHP Group isn’t planning to use carbon offsets to meet its 2030 emissions goals, but hasn’t ruled them out, company officials said Wednesday as they highlighted the challenges of eliminating emissions from its global mining operations.
Softer-than-expected sanctions on major oil producers frustrate some Treasury Department staffers.
Prime Minister Benjamin Netanyahu claims politics are at fault, while the State Department says Israeli orders have decreased or have already been fulfilled.
Blockbuster obesity drug Wegovy has been approved in China, opening the door for maker Novo Nordisk to begin selling it in the world’s second-largest economy.
A bounce in AI chip maker Nvidia’s shares helped lift the tech-heavy Nasdaq 1.3%, while the S&P 500 rose 0.4%. The Dow fell 0.8%.
The EU charged Microsoft with antitrust violations over the bundling of its Teams collaboration tool with Office 365 and Microsoft 365.
Interpublic Group is in talks to sell prominent digital agency R/GA to India’s Tata Consultancy Services, according to people familiar with the matter.