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Citigroup's head of digital assets for its markets unit, Shobhit Maini, is leaving the bank after more than 14 years, according to an internal memo seen by Reuters. Maini, who joined Citigroup in 2010, according to his LinkedIn page, was global head of digital assets for Citi markets since 2021. He is leaving Citi to pursue an entrepreneurial opportunity in the digital asset space, said Lee Smallwood, head of markets innovation and investments at the bank, in the memo.

Credit conditions are still too strong for the key conditions of a recession to be met, says Ed Yardeni.

Taiwan Semiconductor and Alphabet are both integral pieces of AI.

Cardinal Health, Inc. (NYSE:CAH) expects to release earnings results for its fourth quarter, before the opening bell on Wednesday, Aug. 14. Analysts expect the Dublin, Ohio-based company to report quarterly earnings at $1.73 per share, up from $1.55 per share in the year-ago period. Cardinal Health is projected to post revenue of $58.64 billion, compared to $53.45 billion a year earlier, according to data from Benzinga Pro. With the recent buzz around Cardinal Health, some investors may be eyein

(Bloomberg) -- Global stocks posted modest gains as traders prepared for a week packed with US data that will shed light on the health of the world’s largest economy and the outlook for Federal Reserve interest rates. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-