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Companies building artificial intelligence infrastructure will increasingly seek financing from private credit, Jean Boivin, head of the BlackRock Investment Institute, said Tuesday (July 7). Speaking with Bloomberg Television, Boivin said that the world will have to “leverage up” due to the amount of investment required for AI infrastructure, and that companies will look to many…
The US Mint Says It’s Making a $1 Coin With Trump’s Face on It
Donald Trump wants to add another government-issued item to the growing list bearing his name or likeness: a $1 commemorative coin. Treasury Secretary Scott Bessent on Wednesday unveiled the design for a new gold-hued $1 coin marking America’s 250th anniversary. The coin features a forward-facing portrait of Trump alongside the words “In God We Trust”…
Interactive Brokers’ Q2 Growth Came From Its Balance Sheet, Not Higher Rates
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Foreign banks exhibit strongest rate transmission: RBI Bulletin | Finance News
Foreign banks have exhibited the strongest transmission of the Reserve Bank of India’s policy easing during the current rate-cut cycle, lowering both lending and deposit rates more sharply than their public and private sector peers, according to the RBI’s bulletin. In its monthly bulletin released on Wednesday, the RBI said that during the…
Will the Gulf Coast tropical depression turn into storm Bertha? Here’s the forecast from NOAA’s hurricane tracker
Summer 2026 has been filled with one extreme weather event after the other, from massive heatwaves and Canadian wildfires to flooding. Now, brace yourself for hurricane season. Tropical depression in the Gulf Tropical Depression Two has formed along the Gulf Coast off Florida, according to the National Hurricane Center (NHC) at the National Oceanic and Atmospheric…
