Business

Victory Capital agreed to acquire First Eagle Investments for roughly $7 billion, forging a combined manager with $571 billion in assets and confirming that scale, not performance alone, is becoming the industry's dominant currency.

The U.S. federal debt crossing 40 trillion dollars this week, alongside a spike in long-term Treasury yields, is a reminder that sovereign borrowing costs set the floor under every company's cost of capital.

Nvidia's decision to invest directly in SB Energy and guarantee up to 105 billion dollars in financing for an Ohio data center campus shows how AI compute demand is now driving power-plant-scale capital commitments.

Deutsche Telekom's roughly one-billion-euro purchase of two Polish broadband operators from Macquarie Asset Management shows how infrastructure funds are cashing out of European fiber networks just as mobile carriers race to bundle fixed and wireless service.

A reported take-private approach from Nelson Peltz's Trian Fund Management on 12 August was followed two days later by second-quarter results that explained precisely why public ownership had become untenable.

Consumer prices rose just 0.1 per cent in July, yet the gap between headline and core inflation has widened into the single most consequential distortion in American macroeconomic data.

Eurostat's confirmation on 14 August that the euro area grew 0.4 per cent in the second quarter delivered a result comfortable enough to silence recession talk and weak enough to leave every structural problem on the continent exactly where it was.

SpaceX’s first quarterly report as a listed company, published on 4 August, paired near-doubled revenue with an eight percent share price fall, an outcome that reveals how investors now distinguish between growth and value creation.

The European Commission-backed Scaleup Europe Fund made its first investment on 5 August, co-leading a €1 billion round in the Finnish radar-satellite operator ICEYE at a valuation above €10 billion.

July payrolls fell by 23,000 and three months of hiring were revised into near-nothing, leaving the Federal Reserve without the one piece of evidence that made restrictive policy look painless.