The Daily Editor

The trade war is set to plunge Canadian provinces into deeper deficits, revitalizing a sleepy corner of the credit market.

Provinces are expecting wider deficits and higher funding needs, which means selling more bonds. The seven provinces that have proposed budgets so far reported a combined deficit of C$32 billion ($22.2 billion) for the 2025-2026 fiscal year,

 » Read more about: Trade War Forces Canada’s Provinces to Issue Flurry of New Bonds  »

Welcome to Going Private, Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we’re looking at Larry Fink’s push to include private assets in standard investment portfolios and excitement around asset-backed lending — Isabella Farr.

If you’re not already on our list,

 » Read more about: BlackRock Wants Standard Investing Portfolios to Include Private Assets  »

PALM BEACH, Fla. – Cleveland co-owner Jimmy Haslam admitted that the Browns “took a big swing and miss” with their 2022 trade for quarterback Deshaun Watson.

Haslam made the comments on Monday during a session with Browns reporters at the league meetings in Florida.

“We thought we had the quarterback,

 » Read more about: Browns owner Jimmy Haslam admits team 'took a big swing and miss' in trading for Deshaun Watson  »

Poland’s central bank is poised to resist the pressure to cut interest rates as most policymakers worry about a rebound in inflation.

The Monetary Policy Council will leave the benchmark at 5.75% on Wednesday, according to all 31 economists surveyed by Bloomberg. The MPC may still vote on a motion to cut rates,

 » Read more about: Poland to Hold Rates Again Despite Softer Inflation  »

Stock futures moved lower Wednesday morning as market participants await the details of President Trump’s plans to impose new tariffs on U.S. trading partners. 

Futures tied to the S&P 500 and tech-heavy Nasdaq were down 0.7% and 0.9%, respectively, about 90 minutes before the opening bell, while those linked to the Dow Jones Industrial Average fell 0.5%.

 » Read more about: Dow Jones Today: Stock Futures Fall Ahead of Trump Tariff Announcement This Afternoon  »

Wall Street pointed toward losses before the opening bell Wednesday before President Donald Trump reveals details about the latest round of U.S. tariffs on trading partners.

Futures for the S&P 500 slid 0.6%, while futures for the Dow Jones Industrial Average lost 0.5%. Futures for the Nasdaq, where many of the big technology companies trade and already in correction territory,

 » Read more about: Stock market today: Asian shares mostly decline ahead of Trump’s latest tariffs  »

Stock markets struggled into Wednesday morning as it became clear that President Donald Trump intended to announce a slew of tariffs on America’s trading partners, with the White House preparing to mark what it is calling “Liberation Day.”

The S&P 500 and NASDAQ both posted their first quarterly losses since 2022 this week as investors prepared for the new measures and economists warned of the possibility of a recession —

 » Read more about: Stock market futures slip ahead of Trump's 'Liberation Day' tariffs  »

 » Read more about: Sponsor spotlight: Plan your 2025 retirement contributions  »

Abu Dhabi – Agility Global, a multi-business owner and operator with a global footprint in more than 70 countries, announced net profits worth $128 million, representing 1.25% per share, registered in 2024.

The revenue increased by 14.50% to $4.50 billion in 2024, while EBIT grew 21.40% to $404 million with 9% margins,

 » Read more about: Agility Global generates $4.5bln revenue, $128mln earnings in 2024; dividends unveiled  »

Fiduciary Planning LLC raised its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 3.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 14,514 shares of the iPhone maker’s stock after purchasing an additional 499 shares during the period. Apple comprises approximately 1.2% of Fiduciary Planning LLC’s holdings,

 » Read more about: Fiduciary Planning LLC Grows Position in Apple Inc. (NASDAQ:AAPL)  »