Anthropic’s IPO pitch: helpful, honest, harmless and hulking
An initial public offering could value the company at $350bn next year
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Bond investors warned US Treasury over picking Hassett as Fed chair
Some market participants worried candidate for top central bank job will be swayed by Trump on interest rates
Sterling jumps as business survey triggers unwinding of negative bets
Better than expected activity adds to dollar weakness to send currency to highest level since October
Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision
The Treasury secretary cited several sections of 1962 Trade Act that give the president sweeping powers over import duties.
ECB urges Meloni party to rethink declaring Italy’s gold ‘belongs to the people’
Any law affecting legal status of gold reserves would risk Bank of Italy’s independence, warns central bank
Blue Owl executives and staff bought $200mn in shares after sell-off
Insider purchases intended to support stock in wake of abandoned merger