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News & Updates

Thursday, May 02, 2024

BlackRock is opening a Saudi investment firm with initial $5 billion from PIF May 1, 2024
The new platform will be called BlackRock Riyadh Investment Management, or BRIM.
Here's everything to expect from the Fed meeting that will move markets on Wednesday May 1, 2024
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.
Private payrolls increased by 192,000 in April, more than expected for resilient labor market May 1, 2024
Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor market.
Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back May 1, 2024
"For NEOM, the projects, the intended scale is continuing as planned. There is no change in scale," Saudi Economy Minister Faisal Al Ibrahim told CNBC.
McDonald's and other big brands warn that low-income consumers are starting to crack April 30, 2024
Higher prices have weighed on customers in an array of industries that interact with consumers.

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