Question-and-Answer SessionGreat. Brian, I'd love to start with a conversation just on current market conditions. Could you talk a little bit about the housing market, perhaps some of the affordability challenges and pricing, economic uncertainty and how that may impact buyers and sellers? And what's your view of current trends in the market? Do you see an inflection point in the future when things will see improvement and better velocity?Brian BairFounder, Chairman & CEO Yes. I mean everything you said is ...

U.S. companies are lining up to borrow in euros with bond sales hitting a record $100 billion so far this year, reflecting attractive European funding conditions and a growing willingness among issuer... ...

Core Viewpoint - U.S. companies are increasingly borrowing in euros, with bond sales reaching a record $100 billion in 2024, driven by favorable European funding conditions and a shift away from the dollar [1][2]. Group 1: Market Trends - The offshore fundraising, termed "reverse Yankees," has surged from just over $78 billion for the entirety of 2024, indicating a strong trend towards euro-denominated debt [2]. - The dollar has dropped by 10% this year, influenced by concerns over U.S. trade policy, while the European Central Bank is advocating for a "global euro moment" [2]. - There is a significant trend of asset reallocation towards euros, as indicated by fund flows favoring euro-denominated debt among global issuers [3]. Group 2: Issuance Details - The current cost of issuing bonds in euros, after currency swaps to dollars, is better or comparable for U.S. companies compared to issuing in dollars [5]. - Non-financial firms have led the increase in reverse Yankee issuance, selling nearly 50 billion euros ($59 billion) of bonds, marking a 32% year-on-year increase [5]. - U.S. financial firms have nearly doubled their euro-denominated bond issuance to approximately 35 billion euros this year [7]. Group 3: Notable Companies - Major companies such as Alphabet, Visa, PepsiCo, Fiserv, and Verizon have recently engaged in euro-denominated bond sales, with Alphabet raising almost 7 billion euros in May [6].

Agnico’s production numbers, especially in gold, are impressive. In 2024, the company recorded total gold production of 3,485,336 ounces at a total cash cost of $903 per ounce. That production cost is important to know; the price of gold last year never dipped below $1,800 and finished the year at $2,500. The company has a strong focus on its Canadian base, with 85% of its gold production coming from its home country.We’ll start with a giant of the mining industry. Agnico Eagle is the largest mining company ...

U.S. stock futures advanced on Tuesday following Monday’s positive moves. Futures of major benchmark indices were higher.In a major setback for President Donald Trump, a U.S. Appeals Court for the District of Columbia denied an emergency motion to remove Federal Reserve Governor Lisa Cook, allowing her to participate in this week's Federal Open Market Committee (FOMC) meeting.In a 2-1 decision, Judges Brad Garcia and Michelle Childs issued a concurring opinion saying that Cook was likely denied her constitu ...

If you’re going to bring on new clients, you’ve got to nail the Q&A. Building trust with clients takes time and effort. While investment returns remain central, today’s clients also want connection and understanding from their advisors. That trust starts with asking the right questions, especially during discovery meetings where potential clients are hoping to learn more about the services advisors provide. By asking open-ended questions, advisors can give clients space to reflect on goals in ways they ma ...

This story was originally published on Healthcare Dive. To receive daily news and insights, subscribe to our free daily Healthcare Dive newsletter. Dive Brief: More than half of healthcare workers are considering leaving their jobs within the next year, according to a new survey by the Harris Poll. Healthcare workers said they’re eyeing an exit due to dissatisfaction at work, including high levels of burnout and feeling taken for granted by their employers. Employers may be able to retain talent by ...

The crypto market is down today, with the cryptocurrency market capitalization dropping another 0.5% to $4.11 trillion. Most of the top 100 coins have decreased over the past 24 hours. At the same time, the total crypto trading volume is at $159 billion. TLDR: The crypto market capitalization is down 0.5% on Tuesday morning (UTC); 88 of the top 100 coins are red, as are all top 10 coins; BTC and ETH are down to $115,864 and $4,508, respectively; The US FOMC decision “could spark sharp volatility”; BTC cou ...

Meta is expected to double down on AI-powered augmented reality products with new smart glasses at its annual Connect event on Wednesday, even as the company faces scrutiny over its handling of child ... ...

Based in Houston, Texas, Targa Resources Corp. (TRGP) is a leading U.S. midstream energy company operating through its Gathering & Processing and Logistics & Transportation segments. Valued at a market cap of $35.8 billion, the company also offers NGL balancing services and transportation services to refineries and petrochemical companies. Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and TRGP fits the label perfectly, with its market cap exceeding this threshold, ...