Japan’s Takaichi unveils $135bn stimulus to spur growth
Package is prime minister’s first major policy announcement since taking office seven weeks ago
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Trump lifts 40% tariff on some Brazilian food products
White House cites ‘initial progress’ in trade talks with Brasília as it battles discontent over cost of living at home
Top Fed official warns on risk hedge funds pose to $30tn Treasury market
Lisa Cook says growing prevalence of so-called basis trades makes markets ‘more vulnerable to stress’
US tech stocks slide as jolt of volatility hits Wall Street
Nasdaq surrenders gains of more than 2% and turns lower in abrupt move
Blue Owl’s clever private-to-public deal makes investors see red
The private capital firm has cancelled a planned merger between two affiliates that lend to middle-market companies