Switzerland after the Iran Nuclear Talks stretched through the night in a marathon session. Officials say discussions are now focused on whether the u. S. And eu would agree to ease sanctions apart from those of the u. N. In political news indiana lawmakers expected to announce a deal today to alter the religious freedom law. The legislators want to ensure the rules dont discriminate against gays and lesbians. Well have a live report in about 20 minutes. On the economic front, three reports of note weekly jobless claims International Trade and factory orders. In Corporate News micron warning of lower revenue. The chip maker is willing to hold inventories longer in light of weaker customer demand for electronics that uses technology. The wall street journal meanwhile reports that the European Union is preparing to file antitrust charges against google in the next few weeks. Just works too well. The paper says the eu could fine the company up to 10 of its annual revenues and in other new
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Hedge funds are paid big bucks for making smart market bets. Yet these days, a simple feature of the financial plumbing largely overlooked on Wall Street during the low interest-rate era is helping juice industry returns. It’s the tidy income the masters of the universe are enjoying just on their cash proceeds…
(Bloomberg) Hedge funds are paid big bucks for making smart market bets. Yet these days, a simple feature of the financial plumbing — largely overlooked on Wall Street during the low interest-rate era — is helping juice industry returns.Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaChina’s Property Crisis Is Starting to Ripple Across the WorldNew York City Is Considering a Laundry Pods Crackd