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U.S. Treasury Seeks to Strengthen Government Committee's Power to Review Deals with Foreign InvestorsThe U.S. Treasury is pushing for increased authority for the Committee on Foreign Investment in the United States (CFIUS) to scrutinize and regulate deals between American companies and foreign investors. This move comes as high-profile transactions, such as ByteDance's ownership of TikTok and Nippon Steel's bid for U.S. Steel Corp., face growing scrutiny from lawmakers and President Joe Biden.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Larry Berman: Full employment good for earnings until it's notWall Street has a few rules of thumb that rarely pay to bet against. I’m the worst violator of this adage. Given my focus on valuation, I struggle when markets get expensive. But it rarely pays to bet against the U.S. consumer.
Source: BNNBloomberg - 🏆 83. / 50 Read more »