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- U.S. 'industrial renaissance' is fueling a rebound in fundraising, Apollo CEO Marc Rowan saysat 5:52 am
Capital raising activity is set for a rebound in the U.S. amid a global "industrial renaissance," Oaktree Capital Management Co-Chairman Howard Marks says.
- Visa and Mastercard execs grilled by senators on 'duopoly,' high swipe feesat 10:42 pm
Senate Judiciary Committee members say the 'duopoly' has left retailers with no ability to negotiate high interchange fees.
- How to protect your portfolio against risks tied to President-elect Trump's tariff agendaat 5:07 pm
Astoria Portfolio Advisors CEO John Davi said he thinks the new administration's policies could be "very inflationary."
- Fintech unicorns are watching Klarna's debut for signs of when IPO window will reopenat 6:28 am
Financial technology unicorns aren't in a rush to go public even after buy now, pay later firm Klarna filed for a U.S. IPO.
- Women prefer to play mobile games. China's Tencent sees an opportunityat 12:10 am
Tencent is betting on a rise in female players worldwide for its mobile game Honor of Kings, which rolled out to the U.S. and other countries in June.
- Elon Musk endorses Trump's transition co-chair Howard Lutnick for Treasury secretaryat 8:33 pm
Elon Musk posted on X his endorsement of the billionaire CEO of Cantor Fitzgerald on Saturday.
- China retail sales beat forecasts in October while real estate slump worsensat 3:46 am
Retail sales grew by 4.8% year-on-year, the National Bureau of Statistics said Friday. That was above the 3.8% forecasted in a Reuters poll, and a pickup from 3.2% growth in September.
- Powell says the Fed doesn't need to be 'in a hurry' to reduce interest ratesat 9:30 pm
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.