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Today: March 27, 2025
Today: March 27, 2025
Mehnaz Yasmin

Mehnaz Yasmin

Staff Writer

Latest From Mehnaz Yasmin

Business|Finance|US

AmEx surpasses profit estimate; focus turns to small-business strategy

American Express's first-quarter profit vaulted past estimates on Friday thanks to its affluent customers, and the company is looking to broaden its

AmEx surpasses profit estimate; focus turns to small-business strategy
Business|Finance|Stock Markets

Lazard profit beats estimates as dealmaking rebound fuels record revenue

Lazard's first-quarter profit exceeded estimates on Thursday, buoyed by a resurgence in dealmaking at the boutique investment bank.

Lazard profit beats estimates as dealmaking rebound fuels record revenue
Business|Finance|Stock Markets

BGC Group takes aim at 'heavyweight champ' CME exchange

Brokerage BGC Group's FMX business is joining forces with some of Wall Street's biggest banks and traders to take on leading exchange operator CME Group.

BGC Group takes aim at 'heavyweight champ' CME exchange
Business|Finance|Stock Markets

Cruise operator Viking shares rise 9% in New York debut

Shares of Viking Holdings rose 9% in their debut on the New York Stock Exchange on Wednesday, giving the travel and cruising company a valuation of $11

Cruise operator Viking shares rise 9% in New York debut
Economy|Finance|News|US

Debt ceiling standoff could trigger US rating downgrade, TD's Goldberg says

A potential debt ceiling standoff in the United States next year could be one of the worst since the 2011 crisis, which may trigger another sovereign credit rating

Debt ceiling standoff could trigger US rating downgrade, TD's Goldberg says
Business|Economy|Finance|US

Biden win would benefit bonds, Trump better for growth, says Morgan Stanley CIO

Bond markets would likely benefit if U.S.

Biden win would benefit bonds, Trump better for growth, says Morgan Stanley CIO
Americas|Business|Economy|Finance

LatAm allocation a 'must' for portfolios, UBS EM Americas CIO says

A spate of political reforms and economic cycles has elevated Argentinian dollar-denominated sovereign bonds and Latin American corporate bonds to rank among key "areas of

LatAm allocation a 'must' for portfolios, UBS EM Americas CIO says
Business|Election|Finance|News|Stock Markets|US

As investors eye US presidential race, JPMorgan exec says focus should be on policies

U.S. equity markets will remain volatile ahead of the country's November presidential election, but the policies of the two candidates should take

As investors eye US presidential race, JPMorgan exec says focus should be on policies
Business|Economy|Finance|US

Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut

The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in inflation, a former Kansas City Federal Reserve

Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut
Economy|Finance|US

SkyBridge's Scaramucci says US will solve debt crisis, bitcoin to triple by 2026

The U.S. will effectively address its debt crisis by allowing inflation to rise slightly even though it may negatively impact savers and lower- to middle-income households

SkyBridge's Scaramucci says US will solve debt crisis, bitcoin to triple by 2026
Business|Economy|Finance|Stock Markets|US

US high-yield credit set for best returns in eight years in 2024

A lower rung of U.S. junk bonds is set to deliver its best returns in eight years in 2024, underscoring a significantly higher risk-return payoff for investors dabbling in

US high-yield credit set for best returns in eight years in 2024

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