By any standard financial benchmark, the $10 billion fee the Trump administration will collect from TikTok's new investors defies explanation. With TikTok's US operations valued at approximately $14 billion by Vice President JD Vance, the government's share equals roughly 70% of total deal value. Investment banking advisory fees on comparable transactions are typically around 1%. The gap between market norms and this arrangement is...
President Donald Trump's declaration that the US campaign against Iran would last "as long as it's necessary" continued to alarm global financial markets on Saturday as the conflict entered its third week with no diplomatic resolution in sight. Oil prices were approaching $120 per barrel, energy companies were reassessing operations in the Gulf, and governments worldwide were bracing for the economic consequences of a...
