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Former investors and board members reduce holdings in the once much-hyped genetics-testing group

Drug developers raised $6bn in January, helped by a rebound in merger activity

Drug developers raised $6bn in January, helped by a rebound in merger activity

Grayscale has outflows of $579mn as investors turn to BlackRock and Fidelity for new crypto products

G77 nations resist push for World Bank to oversee loss and damage support for poorer nations

Unusual volatility in yields points to longer-term challenges for most influential segment of world’s financial markets

Treasury yields have declined amid signs US economic growth is slowing

Sharp rally is driven by growing expectations of US interest rate cuts in 2024

Federal Reserve may be forced to end quantitative tightening early, as stock of Treasury bills forecast to soar above $6tn

Also in today’s newsletter, Trump says 25% tariffs on Canada and Mexico will go ahead next week as planned