Posts by Liam Redmond
US Fed’s Cook ready to raise rates if inflation doesn’t start easing
Published Thu, Aug 6, 2026 · 08:17 AM [NEW YORK] Federal Reserve Governor Lisa Cook said on Wednesday (Aug 5) that she’s open to the idea that the central bank may need to raise its short-term interest rate target to deal with “too high” levels of inflation in the US economy. If inflation doesn’t start…
Read MoreTech bro’s lavish wedding plans forced to make handbrake turn as $30 billion loss hits hard
AI prodigy Leopold Aschenbrenner’s wedding weekend brought together a who’s who of Silicon Valley money and influence for a multi-day celebration. But there was a big elephant in room: just days before, the 24-year-old’s $45 billion hedge fund, Situational Awareness, had imploded, suffering losses of more than $30 billion, and mounting. Many of the 80…
Read MoreGold hits highest level since Jun 18 on Strait of Hormuz reopening hopes
Published Thu, Aug 6, 2026 · 07:36 AM — Updated Thu, Aug 6, 2026 · 10:56 AM GOLD advanced for a fourth straight session on Thursday (Aug 6) and touched its highest level in seven weeks, helped by weaker oil prices, a softer US dollar and lower US Treasury yields, on growing hopes over the…
Read MoreJPMorgan CEO Dimon leads new cross-industry effort to tackle AI risks
Published Thu, Aug 6, 2026 · 07:17 AM [NEW YORK] JPMorgan Chase CEO Jamie Dimon is urging corporate leaders to join a US-focused industry group to address risks posed by AI, as corporate America rapidly adopts the developing technology, two sources familiar with the matter said. Dimon has personally reached out to CEOs of other…
Read MoreGuardians call up top prospect Angel Genao to face Mets in middle of tight AL Central battle
Welcome to the big leagues, Angel Genao. Ahead of their clash with the Mets on Wednesday night, the Guardians called up Genao, their No. 2 prospect on MLB Pipeline, from Triple-A Columbus. After beginning the season with Double-A Akron, Genao was called up to Triple-A, where he hit .309 with 10 homers and 42 RBIs…
Read MoreCorporate governance for the value era
There is significant room for improvement in disclosures relevant to shareholder value creation THE Singapore Governance and Transparency Index (SGTI) 2026 has taken place amid significant changes in the Republic’s capital market ecosystem. MAS’ announcement of the equities market review provided the impetus for much activity, from regulatory consultations and reviews to new listing rules…
Read MoreOil prices mixed as investors ponder Strait of Hormuz reopening hopes
Published Thu, Aug 6, 2026 · 06:54 AM [NEW YORK] Oil prices were mixed on Wednesday (Aug 5), with Brent settling up slightly but the US contract edging lower, as investors weighed revived expectations of a de-escalation in US-Iran hostilities that could restore shipping traffic in the Strait of Hormuz and oil flows in the Middle East. Brent crude…
Read MoreOil prices slip as Iran cites progress with Oman on Hormuz shipping agreement
US officials have repeatedly insisted they would never agree to Iran controlling access to Hormuz Published Thu, Aug 6, 2026 · 06:54 AM — Updated Thu, Aug 6, 2026 · 01:35 PM [TOKYO/SINGAPORE] Oil prices trended lower on Thursday (Aug 6) on the progress in Iran-Oman talks, with investors cautiously waiting for signs of a…
Read MoreDBS raises 2026 guidance as wealth business powers growth in Q2 despite lower rates
The team is ‘firing on all cylinders’ after record profit in the quarter, says CEO Tan Su Shan [SINGAPORE] DBS has raised its full-year guidance after record earnings in the first half, betting that strong momentum in wealth management and other fee-generating businesses will help offset pressure from lower interest rates. CEO Tan Su Shan…
Read More49ers face jarring number of injuries ahead of season
Bodies appear to be dropping like flies as the San Francisco 49ers ended Wednesday’s practice short of 20 players from their 90-man roster. Notable players who didn’t practice include Nick Bosa (soreness), Dre Greenlaw (soreness), Kyle Juszcyk (finger), Mike Evans (quad), De’Zhaun Stribling (hamstring), Christian Kirk (calf) and Malik Mustapha (hamstring). Sam Okuayinonu and Nick…
Read MoreUS stocks: Dow closes at record on Middle East optimism; SpaceX, AMD drag Nasdaq
Published Thu, Aug 6, 2026 · 05:53 AM [NEW YORK] The Dow closed at a record on Wednesday (Aug 5) on signs of progress for a peace deal with Iran, while the Nasdaq saw its first decline in five sessions as SpaceX and AMD stumbled following their quarterly earnings. A proposed deal between Iran and…
Read MoreSuccession Planning Lessons From Nazara’s Founder CEO Exit
Every founder faces this question eventually, and the answer shapes the company’s next decade. This week, gaming firm Nazara Technologies named a new CEO and moved its founder into a new seat, and it puts succession planning back in front of builders everywhere. I used to tell founders that stepping back feels like losing. It…
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