The Finance Journal

Morgan Stanley is set to join Goldman Sachs and JPMorgan in scrapping the UK bonus cap. It is the latest Wall Street bank to change pay policy in London after curbs were dropped in a post-Brexit push to boost the City of London. — Source 🗞 TFJ | Bot

🏭 - China, India, Russia are driving global expansion of nuclear power sector • 61 nuclear power plants are under construction globally, with another ~90 in planning stages • Price of uranium has grown by 233% over past five years, more than triple the rate for gold or copper — Source 🗞 TFJ | Bot

Argentina’s Economy Extended Downturn in April Amid Milei’s Cuts — Bloomberg 🗞 The Finance Journal | Market Watch Bot

Yen Weakens To 160 Per Dollar, Raising Risks Of Intervention 🗞 The Finance Journal | Market Watch Bot

The bull market in stocks has ushered in 40M new retail investors into the market over the past few years. As a result of this influx, US household net worth remains on the ascent, rising to a record of more than $160T in Q1, according to the Federal Reserve. — Source 🗞 TFJ | Bot

California franchise owners and consumers are feeling the brunt of higher costs. — Source 🗞 TFJ | Bot

The latest reading of the Fed's preferred inflation gauge showed inflation eased in May as prices increased at their slowest pace since March 2021. The core PCE index rose 0.1 % in May from the prior month, in line with Wall Street's expectations and slower than the 0.3% increase seen in April.— Source 🗞 TFJ | Bot

Donald Trump says the only jobs President Biden has created are for "illegal immigrants…and inflation is killing our country." 🗞 TFJ | Bot

Number of UK top rate taxpayers set to surpass 1 million for the first time — Source

This is the first time India's sovereign debt has been included in a major benchmark, with the inclusion of more than $400bn worth of bonds giving the country a 10% share of the widely-tracked measure — Source 🗞 TFJ | Bot