‘Too high’: Inflation data shows it’s ‘well above target’
HSBC Chief Economist Paul Bloxham says new inflation data gives confirmation that it is “too high”.Mr Bloxham told Sky News Australia that inflation is still “well above target”. “We also got the spike in the headline rate of inflation in March,...
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April 28, 2026, 7:54 am
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A billionaire hedge fund manager warned that overvaluation of stocks is posing a lethal threat to the US economy, which is more dependent on markets than at any time in history.
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U.S. stocks rose on Wednesday, following Tuesday’s lower close. Futures of the major benchmark indices were higher.
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President Donald Trump is poised to suffer one last defeat at the hands of the Federal Reserve tomorrow as Chairman Jerome Powell prepares to depart, according to a new report. Bloomberg reported on Tuesday that the central bank seems likely to vote to...
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A 33-year-old investor's ambitious 14% CAGR target with mutual funds was deemed unrealistic by a financial planner. The expert advised aligning expectations with historical equity returns of 11-13% and suggested consolidating the portfolio for better...
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Investors are adopting a cautious approach, keenly awaiting key earnings from major technology firms. The Federal Reserve's upcoming meeting, potentially the last for Chair Jerome Powell, also adds to the prevailing uncertainty. The Dow saw a slight...
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Wall Street's artificial intelligence (AI) darling may have bit off more than it can chew this earnings season.
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Dow Jones Futures: The Nasdaq and S&P 500 set more record highs Monday. Micron, Sandisk, Nvidia and Alphabet were big winners.
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The IPO for Bill Ackman's Pershing Square is expected to raise about $5 billion, according to people familiar with the matter. Bloomberg's Bailey Lipschultz reports....
April 27, 2026, 12:50 pm
New York Post
Billionaire Bill Ackman's Pershing Square IPO to raise $5 billion
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April 27, 2026, 11:22 am
The Times Of India
Acko kicks off IPO process; eyes up to $2.5 billion valuation
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Jerome Powell's term as Fed chair concludes May 15, but he could continue as a governor until 2028.
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