A Busy October for H.I.G. Capital: Multi-Sector Investments Reflecting Market Agility
As global markets continue to present both challenges and opportunities, H.I.G. Capital, the Miami-based alternative investment powerhouse, has launched a series of strategic moves that underscore its agility and foresight. With $65 billion of capital under management, H.I.G. has long been known for its diverse investment approach. However, the firm's activities in October 2024 paint a picture of a company not just participating in market trends but actively shaping them.
Oct 13, 2024 10:13 PM EDT
The Surge in Copper Prices: Predictions and Market Reactions
The global copper market has been experiencing a significant surge in prices, driven by supply constraints and increasing demand. This trend has caught the attention of investors, industry analysts, and policymakers alike, as copper is needed in various sectors, particularly in the growing fields of renewable energy and electric vehicles. Here are some of the key factors behind the price surge, market reactions, and future predictions for copper prices.
Belgian Billionaire Shukhrat Ibragimov Puts Private Jet on Market for $46m
Shukhrat Ibragimov, the chairman of mining giant Eurasian Resources Group (ERG), has put his Dassault Falcon 8X up for sale for $46 million.
IC Funded: Revolutionizing Prop Trading for Retail Traders
IC Markets has recently launched its proprietary trading platform, IC Funded, and it's already creating a buzz in the trading community. What started as a soft launch has now captured the attention of traders worldwide, highlighting a significant shift in how retail traders can access capital and participate in the markets.
Latest News
Fed Pivot Calms Junk Bond Jitters, But Concerns Remain Over Debt Sustainability
The market for junk debt is thriving because to investor expectations that the Federal Reserve would begin lowering interest rates. This will also help the lowest-rated corporations in a timely manner and probably cap the default rate in 2024.
Jan 02, 2024 08:42 AM EST
The Best of Money Times 2023
Welcome to "The Best of Money Times 2023," a curated compilation that highlights the most insightful, intriguing, and influential financial news and analyses of the year. In this comprehensive overview, we navigate through the dynamic landscape of global finance, covering a myriad of topics ranging from economic trends and market dynamics to investment strategies and corporate developments.
Dec 30, 2023 11:22 PM EST
Falling Rates Revive Buyer Optimism, Fueling Housing Market
This week's mortgage rates are down one further, to their lowest point since May.
Dec 29, 2023 12:10 PM EST
S&P Squeezes Out Tiny Gains, Hinting at Fragile Bullish Recovery
On the last trading day of 2023, the S&P 500 retraced its early gains and settled marginally higher on Thursday.
Dec 29, 2023 04:23 AM EST
Red Sea Ripples Rock Oil Markets: Prices Slump Nearly 2% on Edgy Investors
Wednesday saw an almost 2% decline in oil prices, offsetting the gains of the previous day as investors kept an eye on events in the Red Sea, where merchants are returning after further attacks on Tuesday.
Dec 28, 2023 07:37 PM EST
U.S. Dodges Recession in 2023, But Experts Warn of Challenges in 2024
Predictions regarding 2023 were almost unanimous: a recession was on the horizon. As the year draws to an end, the anticipated economic slowdown has not materialized.
Dec 27, 2023 09:17 AM EST
Santa Rally Turns Sleigh Swerve? Economic Jitters Threaten High-Flying Market
The Federal Reserve is getting closer to its target of getting inflation back to 2%, according to inflation figures released on Friday. This puts the central bank on the path to lowering interest rates.
Dec 26, 2023 09:23 AM EST
Stringent Laws Put Vaping Businesses on Thin Ice
There is a reckoning coming for the vaping industry. Concerned about the growth in youth vaping and nonsmokers developing addictions, governments are moving to prohibit the sale of disposable vaporizers.
Dec 26, 2023 04:59 AM EST
El Niño's Weather Woes Could Make Your Holiday Desserts Costly
A specialized agricultural and agribusiness bank predicts that customers will likely see a massive price increase for raw commodities affected by El Niño in 2023. Thus far this year, soft commodities have seen enormous gains.
Dec 25, 2023 09:38 PM EST
Dow Swings Wildly, Closing Sharply Lower in Sudden Turnaround
Stocks in the United States finished down on Wednesday after a sharp mid-afternoon drop stopped Wall Street's remarkable run, which had been fueled by lowering interest rates and the Federal Reserve's dovish tilt.
Dec 20, 2023 10:25 PM EST
Goldman Sachs Struggles to Exit Apple Credit Card Partnership
Four years after launching a credit card with Apple, Goldman Sachs is facing an expensive exit from a collaboration that rival lenders perceive as too dangerous and unproductive.
Dec 19, 2023 04:58 AM EST
Amazon Seeks Sports Content Boost with Potential Investment in Diamond Sports
The Wall Street Journal reported on Monday that Amazon is in discussions to invest in regional sports programming company Diamond Sports, a move that would enhance the e-commerce giant's ambitious drive into sports entertainment.
Dec 18, 2023 09:41 PM EST