The Federal Reserve could encourage banks to tap a key funding source that has been scarcely used since the financial crisis as a solution to the September dislocations in short-term lending markets, said Fed Vice Chairman for Supervision Randal Quarles on Thursday. Quarles said financial institutions should not be afraidRead More →
By Rajendra Jadhav MUMBAI (Reuters) – Indian refiners have resumed buying Malaysian palm oil after a gap of nearly a month and contracted around 70,000 tonnes of shipments in December as Kuala Lumpur has been offering a $5 per tonne discount over supplies from rival Indonesia, five traders told ReutersRead More →
You know what’s better than beer? Cheaper beer. Anheuser-Busch InBev SA BUD, +0.29% , the world’s largest brewer, found a way to buy some beer brands it knows well — including the Kona Brewing Co. and Redhook Brewery — for less than it could have just a few months ago,Read More →
Getty Images Dollar General has managed tariffs so far, but the trade war between the U.S. and China presses on Dollar General Inc., PVH Corp. and other retailers used their earnings releases this season to highlight efforts to manage increased tariffs, showing just how close the trade war between theRead More →
There’s never been a worse time in history to be a value investor. That’s according to an analysis by J.P. Morgan’s chief U.S. equity strategist, Dubravko Lakos-Bujas, who wrote in a Thursday note to clients that “value is currently trading at the biggest discount ever, and offers the largest premiumRead More →
The U.S. initial public offering pipeline came back to life with a bang on Monday, as five companies set terms for their planned deals, including online scrapbooking site Pinterest. The flurry of activity comes after a dull first quarter, in which deal flow was even slower than is typical forRead More →
Getty Images 50 Cent attends a movie premiere in Los Angeles in January 2018. One of Connecticut’s better known white elephants — rapper 50 Cent’s massive Farmington mansion —has finally traded for $2.9 million, or 84% less than what it first sought 12 years ago, according to people familiar withRead More →
