The Evening Read 🥃

Welcome to your trusted evening news source, for the day's essential business and finance news. Stay informed and ahead with our curated digest of key developments and market insights. Let us provide you with the information you need to make informed decisions.

Markets

Today’s Headlines

Public Markets

• US Inflation Slows, Giving Room for Fed to Pause Rate Hikes (More)

• Oracle beats on top and bottom lines as cloud revenue jumps (More)

• U.S. to Allow South Korean, Taiwan Chip Makers to Keep Operations in China (More)

• Grubhub to Lay Off About 15% of Staff (More)

• Binance US Says Asset Freeze Sought by SEC Will Cripple Crypto Exchange (More)

• CPI Report Shows Inflation Has Been Cut in Half From Last Year’s Peak (More)

Alternatives

• Hotel Owners Start to Write Off San Francisco as Business Nosedives (More)

• Nasdaq’s $5.7 Billion Debt Deal Shows Banks Willing to Fund M&A (More)

• San Francisco's downtown just entered a new phase of its crisis as the city's most prominent shopping mall goes bust (More)

• Don’t Say It Too Loudly, But UBS Just Got a Steal of a Deal (More)

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