Business

In recent years, U.S. investors have been increasingly drawn to the global sports market, particularly European soccer clubs. However, instead of targeting the marquee teams with sky-high valuations, some investors are shifting their focus to smaller clubs with lower valuations. This article explores the reasons behind this shift and analyzes the potential benefits and challenges
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Investors seeking temporary refuge from the turmoil caused by a surge in longer-term yields have poured their money into short-term U.S. government bonds, particularly 52-week Treasury bills, according to Lindsay Rosner, head of multi-sector investing at Goldman Sachs asset and wealth management. The most recent auction of these bills saw a humongous demand, exceeding supply
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The city of Detroit is currently witnessing a simmering conflict between the Detroit automakers and the United Auto Workers (UAW). As work stoppages continue for the second week, tensions are rising and accusations are being exchanged, indicating a dwindling likelihood of an imminent breakthrough in negotiations. The UAW, representing approximately 146,000 autoworkers, is expected to
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GameStop, the popular video game retailer, has announced a significant leadership change that has caught the attention of investors and industry observers alike. Billionaire activist investor Ryan Cohen has been appointed as the company’s new chief executive, chairman, and president, effective immediately. This move comes as a surprise, as Cohen will not be receiving any
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