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ECB Is in a ‘Good Place’ on Interest Rates, Vujcic Tells HRT
The European Central Bank Governing Council member Boris Vujcic suggested he’s comfortable with the current policy settings.
Trump’s Dealmaking Diplomacy Grows Fragile as China Fires Back
President Donald Trump’s preference to cut one-to-one deals with allies and adversaries has been the hallmark of his self-proclaimed dealmaking magic, but with the China trade truce seemingly teetering on collapse, the fragility of such an approach has been laid bare.
Corporate Debt Is Benefiting as US Looks More Like an Emerging Market: Credit Weekly
US corporate bonds are trading at their highest valuations in decades, but to some investors and strategists, it’s partly an illusion fueled by government dysfunction, and company debt has room to rally more.
Vucic ‘Disappointed’ as Russia Offers Serbia Short-Term Gas Deal
Serbian President Aleksandar Vucic said he was “very disappointed” with Russia’s decision to offer only a gas deal that runs until the end of the year, after months of talks over a longer agreement.
Can Prediction Markets Replace Polls in Politics?
Former US Treasury Secretary Larry Summers calls prediction markets a powerful tool for understanding public expectations. By letting people put money behind their opinions, platforms like Kalshi and Polymarket can reveal consensus beliefs about elections, policy changes, and global events. Summers says they make forecasting smarter and more transparent. (Source: Bloomberg)
Bose Angers Customers by Ending Cloud Streaming for Old Speakers
Bose Corp. announced this week that it will discontinue the cloud infrastructure for its “SoundTouch” line of audio speakers in February, rendering the devices unable to directly stream music from services like Spotify, Pandora, Amazon Music and others.
Brazilian Fintech PicPay Is Said to Seek $500 Million in US IPO
PicPay, the Brazilian mobile banking app owned by the billionaire Batista family’s investment holding company, is looking to raise as much as about $500 million in its US initial public offering, according to people familiar with the matter.
The World’s Chip Supply Chain Is Bracing for Fallout From China’s Rare-Earth Curbs
Businesses across the global semiconductor supply chain are bracing themselves for disruptions from an escalating trade war, after China imposed curbs on rare-earth mineral exports and the US responded with additional tariffs and restrictions on software sales to the Asian nation.
Lyft Ends Test Where It Showed Drivers How Often Riders Tip
Lyft Inc. has ended a test that showed some drivers how often a passenger tips, following backlash from riders.