A Hedge-Fund Titan’s Divorce Is Putting Wall Street’s Staggering Wealth on Public View
John and Laura Overdeck’s split could also sway a power struggle atop Two Sigma. Source link
Finance
German Inflation Rises But Few Signs of Energy-Shock Spillover
Inflation picked up in Germany this month, though less than expected, with few signs of broader price pressures in the
India’s Economy Posts Robust Growth Despite Mideast Energy Shock
India’s economy maintained a solid pace of growth in the April-June quarter, showing resilience even as the Middle East conflict
Long-Delayed Tax Bill Comes Due for Opportunity Zone Investors
The Treasury is likely to receive tens of billions in capital-gains payments that were deferred for years. Source link
Yen Caught Between Top U.S. Officials’ Remarks
The yen is under renewed pressure amid fresh expectations of Federal Reserve monetary tightening. Source link
China’s Official Gauges Point to Continued Contraction in Economic Activity
Output and market demand recovered, though activity remained in contraction for a second straight month. Source link
High-End Credit Cardholders Find It’s Harder to Get Their Money’s Worth
Rising annual fees have intensified the cat-and-mouse game over rewards between card companies and customers. Source link
The young rent-stabilized tenants of New York City represent a rare breed of their generation. A few of them opened their doors to The Wall Street Journal.
How hard is it to land a rent-stabilized apartment in NYC? Just the mention can “turn heads in rooms.” Source
Many small and medium-sized Canadian business owners expect to bear the brunt of the Trump administration’s tariffs
Honey, cosmetic and other exporters now face 50% levies. Source link
The College Enrollment Crisis Is Coming for Bigger Schools
Plus, the 21-year-old Filipino tennis sensation making history, and the “Roth IRA on steroids” attracting wealthy investors. Source link