Consumer price inflation in March is expected to have risen the most since December 1981, driven by higher food costs, rising rents and runaway energy prices.
Our sale today is in line with what we said last week in our April Monthly Meeting, where we discussed the need to right-size this position the next time we had a chance.
Analysts now wonder if Musk will pursue a hostile takeover of Twitter, without the constraints he would have had on the size of his stake in the company.
Shares of NetEase, Bilibili and other Chinese gaming stocks were higher after regulators approved the first batch of games for monetization since July 2021.
Another major Chinese city has tightened Covid restrictions as the country struggles to contain an outbreak stretching from Shanghai to the northern provinces.
The number of family offices has exploded in the past decade, and the once-sleepy entities are now deep into private equity, hedge funds and other assets.
A Ukrainian delegation warned U.S. officials in Washington this week that security assistance packages are not arriving quick enough in the besieged country.