State Street Global Advisors is standing by a contrarian call for the Federal Reserve to cut interest rate as soon as June despite a string of hot economic data that has spurred most traders to push back bets to later in the year.
New Zealand PM Says Fiscal Restraint Key to Taming Prices, Stoking GrowthG42 Made Secret Pact With US to Divest From China Before Microsoft DealApple’s Tim Cook Says He Seeks to Boost Vietnam Investment, State Media ReportsUBS Capital Needs Could Rise by $25 Billion, Minister Tells TagiAustralia Is Planning Its First National Environmental AgencyWorld’s No.
2 Citrus Exporter Challenges EU On RestrictionsDubai Mansion Sales Soar as Wealthy Flock to Palm-Shaped IslandG42 Made Secret Pact With US to Divest From China Before Microsoft DealAustralia Is Planning Its First National Environmental AgencyScholz Says He Will Raise Trade Rules, Ukraine in Talks With XiOil Rises as Israel’s Vow to Respond to Iranian Attack Adds RiskHow a $10 Billion Mine Became a Cautionary Tale for the Energy TransitionTrump Leans on Small Group of Rich Donors to Fund...
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State Street Sees Half-Point Fed Rate Cut as Soon as June(Bloomberg) -- State Street Global Advisors is bucking the recent hawkish shift in market consensus to bet that the Federal Reserve will cut interest rates...
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State Street Boosts Platforms, Extends Staff Shifts to Prep for Settlement Rule ChangeState Street Corp. has spent more than a year preparing its technology for faster settlement times, joining a slew of financial institutions making adjustments to avoid failed trades that could occur as a result of new regulations that come into effect late May.
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State Street and Citigroup See Franc Replacing Yen for Carry TradesTraders are starting to turn to the Swiss franc as the top choice for funding carry trades instead of the yen, potentially alleviating pressure on the Japanese currency.
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Gov. Gavin Newsom Postpones California State of the State AddressDelay due to California’s Proposition 1 measure for funding on mental health, a key component to Newsom's agenda, remaining undecided as ballots are still being counted.
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Grambling State beats Montana State in OT in First Four, faces Purdue nextJimel Cofer scored all 19 of his points in the second half and overtime and Grambling State rallied from a 14-point deficit to beat Montana State 88-81 to earn its first NCAA Tournament win in program history in the First Four on Tuesday night.
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Izzo, Michigan State pick up another first-round win in March Madness, topping Mississippi StateTyson Walker scored 19 points and Michigan State coach Tom Izzo picked up his 20th win in the first round of the NCAA Tournament as his ninth-seeded Spartans beat eighth-seeded Mississippi State 69-51 on Thursday.
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