A group of private equity firms led by Permira and Warburg Pincus has agreed to acquire Clearwater Analytics Holdings Inc. in a deal valuing the investment and accounting software maker at $8.4 billion including debt.
Federal Reserve Bank of Cleveland President Beth Hammack said monetary policy is in a good place to pause and assess the effects of 75 basis points of rate cuts in the economy during the first quarter.
Energy services and drilling specialists Saipem SpA and Offshore Oil Engineering Co. Ltd. have been awarded an offshore EPCI contract by QatarEnergy LNG.
A group of private equity firms led by Permira and Warburg Pincus is in advanced talks to acquire investment and accounting software maker Clearwater Analytics Holdings Inc., according to people familiar with the matter.
A Supreme Court ruling that scraps Donald Trump’s tariffs — and refunds the import fees collected — would create a major “administrative problem,” the president’s top economic adviser said Sunday.
The US stock market is poised to be kept on edge next year as investors are caught between fear of missing out on the artificial-intelligence rally and concern that it’s a bubble just waiting to burst.
This was a year of extremes for the US stock market. The S&P 500 Index plunged to the verge of a tariff-induced bear market in April, only to quickly rebound after President Trump relented and by late June was hitting repeated records fueled by enthusiasm for all things artificial intelligence.
Emerging markets are poised to start 2026 as a favored trade on Wall Street, with money managers betting a multi-year cycle of investment inflows is underway.
The first 25 years of this century delivered one upheaval after another: the dot-com crash, the housing collapse, the Great Financial Crisis, unprecedented rounds of quantitative easing, a historic pandemic, an inflation surge, and a retail-trading revolution powered by meme stocks. Romaine Bostick charts how markets absorbed each shock, while Ray Dalio explains the deeper forces that shaped the modern investing landscape. (Source: Bloomberg)
San Francisco got most of its power back after the city was hit by a widespread outage Saturday that left thousands of homes and businesses in the dark, closing stores and disrupting transit during the busy holiday shopping period.
