Author: Arabian Media staff

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Goldman Sachs stood to lose just $300mn in an economic shock under the Federal Reserve’s stress test scenario this year, vastly less than the $18bn forecast a year earlier — and a big reason for the bank’s outsized shareholder payouts. The sharp drop is a reflection of Goldman’s effort in recent years to reduce risk-taking, which requires the bank to set aside more capital to guard against volatility. But it also reflects technical changes to the Fed’s test that made it easier…

Robinhood and Coinbase shares surged after SEC Chair Paul Atkins sounded upbeat about the tokenization of stocks in an interview. Source link

A new investment vehicle now offers investors exposure to a lesser-known cryptocurrency through traditional brokerage accounts — a development some analysts say could pave the way for more exchange-traded funds, or ETFs focused on smaller digital assets. Source link

As White House officials including the president escalate attacks on the central-bank chair, the director of the Federal Housing Finance Agency alleges Powell misled lawmakers about a renovation of Fed headquarters in Washington. Source link

Don’t listen to the skeptics: The factors that make the U.S. economy great are likely here to stay, one Wall Street strategist says. Source link

Many ETFs and stock pros use artificial intelligence to get an edge. But most still don’t outperform their benchmark. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Private equity groups Advent International and Platinum Equity are vying to buy $2bn worth of assets, including the Kevlar bulletproof brand, from DuPont, as the chemicals giant undergoes a wider break-up.The rival groups are the frontrunners to secure the protective equipment assets and are expected to submit final-round bids for DuPont’s Kevlar and Nomex this month, according to three people familiar with the matter. The Delaware-based chemicals maker put the brands up for sale after unveiling plans for a reorganisation that will…

Weaker labor-market data this week could bolster the case for the Federal Reserve to resume rate cuts soon. Source link

The real-estate industry is battling it out over control of for-sale listings, and home sellers in particular could get hurt. Source link

The iconic canned fruits-and-vegetables brand has struggled to keep up with the changing grocery landscape, experts say. Source link