E-Learning

Bond Selloff Exposes ‘Vulnerability’ in Markets, El-Erian Says

(Bloomberg) -- A resilient labor market signals the US is leading the global economy, and high US bond yields put pressure on others like the UK, according to Mohamed El-Erian. Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeUS Treasuries sold off across the curve, s

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Turkey Central Bank Cautions on Markets’ Rate Expectations

(Bloomberg) -- A top Turkish central bank official told bankers that the pace of interest-rate cuts will be based on the course of inflation, pushing back against market expectations for sizable, consecutive reductions, according to people familiar with the matter. Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violen

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TD SYNNEX Delivers Strong Q4, Raises Dividend Amid IT Growth Momentum; Stock Gains

TD SYNNEX Corp (NYSE:SNX) shares are trading higher on Friday after the company reported its fourth-quarter results. Quarterly revenue of $15.85 billion, up 10% Y/Y, exceeded the analyst view of $15.22 billion. The Fremont, California-based company reported an adjusted EPS of $3.09, beating the street view of $3.05. On a constant currency basis, revenue increased 9.2%, led by growth in both the Advanced Solutions and Endpoint Solutions portfolios. Adjusted gross billings were $21.2 billion in th

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