LVMH sales tick up as US luxury demand offsets hit from Iran war

In this month’s View From the EDGE® Chief Investment Strategist Fritz Folts and Deputy CIO Eric Biegeleisen present our latest outlook for the global capital markets.  A printable summary is available on our website, or you can subscribe to our podcast on iTunes. Subscribe to the 3EDGE YouTube Channel here: https://www.youtube.com/channel/UCFrVMdbYQHkptxQOaqChLpg  LinkedIn: https://www.linkedin.com/company/3edge-asset-management-lp  Twitter: https://twitter.com/3edgeam​​​​​​​…

Marriage rates among the over 50s have risen significantly in recent years, according to the Office for National Statistics (ONS). Latest data reveals the number of men who said ‘I do’ aged 50+ is up by 33% in the past decade; for women in that age group it’s even higher, at 47%. Those figures are…

Vertex Pharmaceuticals (VRTX 0.07%) has dominated the cystic fibrosis (CF) drug market for more than a decade. This has been a very lucrative business for the biotech, and it could continue generating steady revenue and earnings from its CF products until the late 2030s, when its most important products will lose patent exclusivity. However, since…

Isara Laboratories, an artificial intelligence startup platform, has taken 6,009 square feet at the boutique office building at 515 West 20th Street, Commercial Observer has learned.  The company, which builds software so AI agents can communicate and solve problems for the finance and biotech industries, signed the lease June 20, according to broker Current Real…

Russell Investments is getting new owners. An investor consortium led by B Capital, a global multi-stage investment firm, has agreed to acquire the asset manager from TA Associates and Reverence Capital Partners. The group also includes the California Public Employees’ Retirement System (CalPERS), according to a Thursday press release. Key Takeaways: B Capital is leading…

Dennis Covington joins Ramirez as a managing director based in Austin.Ramirez & Co. Ramirez & Co. is expanding its public finance group in Texas with the addition of Dennis Covington, who previously served as a chief financial officer for school districts in Texas and other states. Processing Content “Our Texas presence and our commitment to…