Trump Campaign Calls Fani Willis Case a “Sham” and Claims “No Legal Basis”
WASHINGTON, D.C. – The Trump campaign has dismissed the Fani Willis case as a “sham” with “no legal basis,” stating that it should be dismissed. Karoline Leavitt, the National Press Secretary for…
Treasuries central clearing reduces basis trades risks, says Moody’s
NEW YORK (Reuters) – An expansion of central clearing in the U.S. Treasuries market would reduce liquidity risks associated with a popular hedge fund arbitrage trading strategy that could strain the broader…
US Treasuries basis trades seen as less profitable as funding costs rise
By Davide Barbuscia NEW YORK (Reuters) – A hedge fund arbitrage trading strategy that likely exacerbated a crash in the world’s biggest bond market in 2020 and has recently undergone regulators’ scrutiny…
Hedge fund Eisler Capital uses basis trades to add to positive year – letter
By Nell Mackenzie LONDON (Reuters) -Hedge fund Eisler Capital posted a 4.17% positive performance for the year to end-August, it said in a letter to investors, benefiting from a basis-trade strategy that…
Hawkish Fed unwittingly stokes Treasuries ‘basis trade’ risks: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -The Federal Reserve’s hawkish stance on interest rates, and determination to reduce its balance sheet, may inadvertently be stoking financial stability risks by encouraging hedge funds…
DeSantis Admin Says Private Schools, Colleges Must Use Bathrooms On Basis Of Biological Sex
DeSantis Admin Says Private Schools, Colleges Must Use Bathrooms On Basis Of Biological Sex Reagan Reese on August 24, 2023 The Florida Board of Education (BOE) voted Wednesday to require restrooms in…
Russian central bank ups 2023 GDP forecast as it hikes rates by 100 basis points
(Reuters) – Russia’s central bank raised its forecast for economic growth in 2023 even as it hiked rates by 100 basis points on Friday, now envisaging gross domestic product (GDP) growth of…
Russia: US access to detained reporter Gershkovich on reciprocal basis
(Reuters) – Russia will allow the U.S. ambassador to Moscow to visit detained Wall Street Journal reporter Evan Gershkovich “on a reciprocal basis”, Foreign Ministry spokeswoman Maria Zakharova said on Thursday. Ambassador…
PwC asked to name companies it pitched on basis of leaked Australian tax plans
By Lewis Jackson SYDNEY (Reuters) – Two lawmakers on Thursday called on PwC Australia to name all the companies it sought to advise on the basis of leaked government tax plans, after…
‘He’s Not Right’: Hunter Biden’s Attorney Says There’s ‘No Basis’ For Kevin McCarthy’s ‘Sweetheart Deal’ Claim
‘He’s Not Right’: Hunter Biden’s Attorney Says There’s ‘No Basis’ For Kevin McCarthy’s ‘Sweetheart Deal’ Claim Harold Hutchison on June 20, 2023 Hunter Biden’s attorney said that the plea deal announced Tuesday…
North Dakota Gov Signs Bill Requiring K-12 Students To Use Bathrooms On The Basis Of Biological Sex
North Dakota Gov Signs Bill Requiring K-12 Students To Use Bathrooms On The Basis Of Biological Sex Reagan Reese on May 8, 2023 Republican North Dakota Gov. Doug Burgum signed a bill…
Twitter to allow publishers to charge users on a per article basis starting May
(Reuters) – Twitter Inc CEO Elon Musk said on Saturday that the social media platform will allow media publishers to charge users on a per article basis with one click, calling it…
Bank of Mexico seen hiking key rate by 25 basis points on Thursday- Reuters Poll
By Noe Torres MEXICO CITY (Reuters) – The Bank of Mexico is expected to moderate the pace of its monetary tightening, and hike the benchmark interest rate by 25 basis points on…
Attorney General Had ‘No Legitimate Basis’ To Order FBI On Parents At School Board Meetings, House Republicans Find
Attorney General Had ‘No Legitimate Basis’ To Order FBI On Parents At School Board Meetings, House Republicans Find Reagan Reese on March 22, 2023 House Republicans found that Attorney General Merrick Garland…
Argentina hikes interest rate 300 basis points after inflation breaks 100% barrier
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank board said it agreed to hike the country’s benchmark interest rate by 300 basis points to 78% on Thursday after annual inflation…
Credit Suisse CEO said bank’s liquidity basis is “very very strong”
(Corrects the source of the interview in first paragraph) ZURICH (Reuters) – Credit Suisse Chief Executive Ulrich Koerner spoke of the strength of the Swiss lender’s liquidity basis in an interview with…
Bank of Mexico 25 basis points hike expected amid forecast inflation rise: Reuters poll
By Noe Torres MEXICO CITY (Reuters) – The Bank of Mexico is expected to hike its benchmark interest rate to a record 10.75% on Thursday, amid a forecast increase in January inflation…
Red State School Reverses Transgender Policy, Requires Bathrooms To Be Used On Basis Of Biological Sex
Red State School Reverses Transgender Policy, Requires Bathrooms To Be Used On Basis Of Biological Sex Reagan Reese on January 23, 2023 A Florida school board reversed its transgender policy, requiring bathrooms…
RBA to raise rates another modest 25 basis points in December – Reuters poll
By Shaloo Shrivastava and Anant Chandak BENGALURU (Reuters) – The Reserve Bank of Australia will go for another modest 25 basis-point interest rate hike on Dec. 6 to 3.10%, its third in…
Fed to lift rates by 50 basis points, but peak policy rate may be higher: Reuters Poll
By Prerana Bhat BENGALURU (Reuters) – The Federal Reserve will downshift in December to deliver a 50-basis-point interest rate hike, but economists polled by Reuters say a longer period of U.S. central…
Goldman raises forecast for 2023 Fed rate peak by 25 basis points
(Reuters) – Goldman Sachs on Wednesday raised its forecast for the peak in the federal funds rate by 25 basis points to 5-5.25%, after adding one more quarter-point Federal Reserve hike in…
Biden’s Treasury Secretary Pours Cold Water On Dem Hopes Of Musk Investigation: ‘No Basis’
Biden’s Treasury Secretary Pours Cold Water On Dem Hopes Of Musk Investigation: ‘No Basis’ John Hugh DeMastri on November 15, 2022 Treasury Secretary Janet Yellen said Tuesday that her agency had “no…
BoE Bailey says 75 basis points is not the new norm for rate hikes
LONDON (Reuters) – Bank of England Governor Andrew Bailey said the three-quarters-of-a-percentage point increase in interest rates announced by the central bank on Thursday was not setting a precedent for future changes…
ECB may need to lift rates by 75 basis points in Oct, Kazimir says
(Reuters) – The European Central Bank may need to raise interest rates by another 75 basis points next month as inflation remains unacceptably high, Slovak central bank chief Peter Kazimir told a…
Bullard: Recession a risk, but more on a global than U.S. basis
WASHINGTON (Reuters) – Rapid U.S. interest rate increases have raised the risk of a recession, but it is likely to be caused by an outside shock rather than from a collapse of…
Norway to hike rates by 50 basis points this week – Reuters poll
OSLO (Reuters) – Norway’s central bank is expected to raise its benchmark interest rate again this week and signal a continued rise in the cost of borrowing in the fourth quarter to…
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