By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. stocks are at fresh records, bitcoin is soaring and investors are spurning insurance against portfolio declines as evidence that the economy is headed for a so-called soft landing whets market participants’ appetite for risk. Call it the Goldilocks trade – a bet that the Federal Reserve…
WASHINGTON (Reuters) – The International Monetary Fund on Thursday views recent U.S. inflation data as “overall higher than we would like to see” and is urging the Federal Reserve to stay cautious and remain data-dependent when deciding monetary policy, IMF spokesperson Julie Kozack said on Thursday. “This is a reminder of course, that there are…
(Reuters) – The sports-streaming service set to be launched by Walt Disney Co, Warner Bros Discovery and Fox Corp will be called Venu Sports and is on track for launch this fall, Pete Distad, the venture’s CEO, said on Thursday. Announced in February, the service will try to woo younger viewers who are not tuned…
By Sabine Siebold BERLIN (Reuters) – Scrambles of NATO jets to intercept Russian aircraft approaching allied airspace over the Baltic Sea region went up 20% to 25% in the first quarter of 2024, a NATO source said on Thursday, with the increased Russian activity likely due to a hike in NATO drills. The source declined…
