Market Beats | US CPI Comes Below Estimate in May; EU to Impose Extra Tariffs on Chinese EV; Woman Jailed After Damaging JPMorgan HQ; Apple Becomes the Most Valuable Company; Blackstone to Expand NYC HQ; Most Fed Officials See One Rate Cut This Year

—— EU to Impose Extra Tariffs on Chinese EV; Woman Jailed After Damaging JPMorgan HQ; US CPI Comes Below Estimate in May; Apple Becomes the Most Valuable Company; Blackstone to Expand NYC HQ; Most Fed Officials See One Rate Cut This Year 1.  EU to Impose Extra Tariffs on Chinese EV Brussels is set to …

Market Beats | Related Sells Manhattan Building at 67% Discount; PE Firms to Own 30% of Top Accounting Firms; Apple Shares Hits All Time High; Musk to Ban iPhone If OS Adds OpenAI; WeWork Names Cushman Veteran As CEO; Dell to Sell $29bn of Shares in 2024; Cold Storage Giant Seeks $3bn in IPO

—— PE Firms to Own 30% of Top Accounting Firms; Apple Shares Hits All Time High; Musk to Ban iPhone If OS Adds OpenAI; WeWork Names Cushman Veteran As CEO; Related Sells Manhattan Building at 67% Discount; Dell to Sell $29bn of Shares in 2024; Cold Storage Giant Seeks $3bn in IPO 1.  PE Firms …

Market Beats | Barclays Branches Vandalized by Palestine Group; Boeing Risks Receiving Junk Credit Rating; Homeownership Costs Jumps 26%; WeWork Rival to Takeover Former Headquarters; Brookfield Sells India and Korea Properties

—— Boeing Risks Receiving Junk Credit Rating; Barclays Branches Vandalized by Palestine Group; Homeownership Costs Jumps 26%; WeWork Rival to Takeover Former Headquarters; Brookfield Sells India and Korea Properties 1.  Boeing Risks Receiving Junk Credit Rating Boeing, a manufacturing pioneer and key player in the US defense industry with a century of experience in the …

Market Beats | GameStop Drops 40% After Doubling; Robinhood to Acquire European Crypto Exchange; Bain Capital Acquires PowerSchool; BTG Pactual to Acquire a New York Bank; US Non-farm Payroll Posts Strong Growth; US Household Net Worth Breaks Record; West Harlem Building Receives $210mn Loan

—— Robinhood to Acquire European Crypto Exchange; Bain Capital Acquires PowerSchool; BTG Pactual to Acquire a New York Bank; US Non-farm Payroll Posts Strong Growth; US Household Net Worth Breaks Record; GameStop Drops 40% After Doubling; West Harlem Building Receives $210mn Loan 1.  Robinhood to Acquire European Crypto Exchange Robinhood Markets Inc. will acquire the …

Market Beats | SpaceX Completes Fourth Test Flight; 3 US Companies Eclipse Whole Chinese Stock Market; Trafigura Profit Drops 73%; ECB Cuts Interest Rates by 25 Basis Points; US Unit Labor Costs Rose Less Than Forecast; Chanel Creative Director to Step Down; Hungary Buys Budapest Airport

—— 3 US Companies Eclipse Whole Chinese Stock Market; Trafigura Profit Drops 73%; ECB Cuts Interest Rates by 25 Basis Points; US Unit Labor Costs Rose Less Than Forecast; Chanel Creative Director to Step Down; SpaceX Completes Fourth Test Flight; Hungary Buys Budapest Airport 1.  3 US Companies Eclipse Whole Chinese Stock Market Microsoft Corp., …

Market Beats | NY Governor Cancels Congestion Fee Plan; Bank of Canada Cuts Interest Rate; US Service Sector Quickly Expands; Apollo Buys 49% Shares in Intel Ireland; ESG Funds Lost $40bn Year to Date; Nvidia Market Cap Hits $3tn; BlackRock Backs Texas Stock Exchange

—— Bank of Canada Cuts Interest Rate; US Service Sector Quickly Expands; Apollo Buys 49% Shares in Intel Ireland; NY Governor Cancels Congestion Fee Plan; ESG Funds Lost $40bn Year to Date; Nvidia Market Cap Hits $3tn; BlackRock Backs Texas Stock Exchange 1.  Bank of Canada Cuts Interest Rate The Bank of Canada has reduced …

Market Beats | 60% American Family Financially Stressed; Blackstone acquires UK rental properties for $580 million; Trump received $140 million in donations in May; Paramount can save $500 million annually in costs; U.S. job vacancies fall to a three-year low; Cisco invests in AI startups; Brooklyn apartment building secures nearly $500 million in loans.

—— 60% American Family Financially Stressed; Blackstone acquires UK rental properties for $580 million; Trump received $140 million in donations in May; Paramount can save $500 million annually in costs; U.S. job vacancies fall to a three-year low; Cisco invests in AI startups; Brooklyn apartment building secures nearly $500 million in loans. 1.  60% American …

Market Beats | Trump may increase stock market volatility; Japan spends $62 billion to intervene in the yen; TikTok halts European e-commerce plans; Bill Ackman to support Trump; Key U.S. inflation indicators ease; Hang Seng Tech Index enters correction territory

—— Trump convicted on 34 counts; Trump may increase stock market volatility; Japan spends $62 billion to intervene in the yen; TikTok halts European e-commerce plans; Bill Ackman to support Trump; Key U.S. inflation indicators ease; Hang Seng Tech Index enters correction territory 1.  Trump convicted on 34 counts After a 5-week and 2-day trial, …

Market Beats | Bill Ackman Sells 10% Stake in Pershing Square; Ex-Millennium Trader Debuts $5bn Hedge Fund; US Homebuyers Revolt Over High Prices; NYSE Has Second Glitch in a Week; Oil Prices Fall More Than 3%; Planet Fitness Issues $800mn Loan; NYC Families Rush to Apply for Affordable Housing

—— Bill Ackman Sells 10% Stake in Pershing Square; Ex-Millennium Trader Debuts $5bn Hedge Fund; US Homebuyers Revolt Over High Prices; NYSE Has Second Glitch in a Week; Oil Prices Fall More Than 3%; Planet Fitness Issues $800mn Loan; NYC Families Rush to Apply for Affordable Housing 1. Bill Ackman Sells 10% Stake in Pershing …

Market Beats | Rate Cut Could Bring Down Inflation; PBOC Lends $42b to Buy Unsold Homes; JPMorgan Signs New Florida Office; Fed Chief Powell Tests Positive for Covid; Voters Prefer Trump on Economy; GameStop to Sell 45mn New Shares; Richemont Hires VCA Head as CEO

—— Rate Cut Could Bring Down Inflation; PBOC Lends $42b to Buy Unsold Homes; JPMorgan Signs New Florida Office; Fed Chief Powell Tests Positive for Covid; Voters Prefer Trump on Economy; GameStop to Sell 45mn New Shares; Richemont Hires VCA Head as CEO 1. Rate Cut Could Bring Down Inflation Rick Rieder of BlackRock Inc. …