Remitly director Nigel Morris sells $170,289 in stock

Official lending is large, senior, and countercyclical, continuing after sovereigns fall into arrears on private debt. We ask why sovereign finance exhibits this division of labor across creditors. In a production economy where a risk-averse sovereign privately allocates imported inputs, commitment is limited on both sides, and monitoring generates a noisy signal, the constrained-optimal allocation…

One of the most heavily-traded ETFs tracking performance in the U.S. Treasury market has just fallen to its lowest level in over 20 years.

Google will also get the option to purchase about $12 billion worth of Marvell’s stock.

AUD/USD edges higher after opening at a bearish gap, remaining in the negative territory and trading around 0.7160 during the Asian hours on Monday. The currency pair holds steady as the Australian Dollar (AUD) experiences little movement following the release of China’s NBS Purchasing Managers’ Index (PMI) data. Because Australia and China share strong trade…

This has been a historic year for Wall Street in several respects. We’ve watched the Dow Jones Industrial Average (^DJI -0.02%), S&P 500 (^GSPC -0.25%), and Nasdaq Composite (^IXIC -0.52%) claim several record-closing highs, and witnessed the largest-ever initial public offering take shape, courtesy of Elon Musk’s Space Exploration Technologies (SpaceX). But a strong argument…

If we had recursive AI, one of the first things it would do is improve efficiency !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}