Ackman Launches Two NYSE Vehicles in Pershing Square's $5 Billion IPO
Pershing Square’s combined IPO raised $5 billion, pricing at the low end of its target range.
Fresh coverage on markets, the economy, and the forces moving money.
Pershing Square’s combined IPO raised $5 billion, pricing at the low end of its target range.
The Fed held rates at 3.5% to 3.75% in an 8-4 vote, the biggest split since 1992.
Brent crude climbed back above $109 a barrel, sending the 10-year Treasury yield to 4.39 percent.
The UAE said it would raise output beyond OPEC limits in a gradual and measured manner.