2026-04-22 12:11:42
Why ‘buy the dip’ is Trump Always Chickens Out’s best friend.
2026-04-22 12:00:10
Last week the golfing world got a billion-dollar shock when it emerged that Saudi Arabia’s Public Investment Fund might be thinking about cutting its losses in LIV, the upstart PGA Tour challenger. It wasn’t the only locally backed sport to face a new reality in a Middle East dealing with the effects of the US-Israeli war with Iran. PIF is also selling a majority stake in Riyadh’s Al Hilal Football Club to billionaire Prince Alwaleed bin Talal, while the kingdom is reportedly no longer planning
2026-04-22 12:00:08
Wealth taxes were once common among advanced economies. Nearly all turned against them as costly to administer, easy to avoid and punitive toward investment. Unfortunately, politicians from Copenhagen to California are considering the idea once again.
2026-04-22 11:00:09
In Europe, nothing happens quickly — and that includes big bank mergers. It should be the perfect time for Italy’s UniCredit SpA to go for a full takeover of Commerzbank AG, the German lender it’s held a stake in since late 2024. But this deal is likely to drag on for years and may never get done at all. That’s to Europe’s disadvantage.
2026-04-22 05:05:12
What do Tim Cook, Rick Perry, Bill Ackman, John Roberts and Robert F. Kennedy Jr. have in common?
2026-04-22 04:00:08
If the Iran War has taught us nothing else, it’s that weaponizing shipping routes is now the military move du jour. That’s rightly turned attention to the Taiwan Strait, but in this era of intense US-China rivalry, the Strait of Malacca is just as important.