Strategy Meets Finance Financial and Economic News: May 25, 2023
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Important Financial and Economic News
Check out what's happening in the economy and world of finance by watching this week's edition of FinWeekly. These insights are exclusive to the free Boosting Your Financial IQ app and can be found under the "Learn" section.
Here are a few highlights (Watch the full report on the app):
- U.S. debt-deal discussions at an impasse
- Yellen says running out of cash in early June is “Highly Likely”
- Short sellers continue to bet against regional banks
- Hedge funds bet on stocks
- AIG frees up $3B in capital
- Charles Schwab raises $2.5B in bonds
- JPMorgan anticipates $84B in income
- ECB not done raising rates
- China’s $23T local debt mess
- Carl Icahn loses $15B
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