Serge Parakhnevich
@Spara28
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With more than 15 years of experience in the financial services industry, Serge Parakhnevich serves as an investment banker at Phoenix Financial Services.
Miami, FL
Joined March 2014
Heard on the Street: A default would almost certainly be very painful for Americans. There would also be major consequences abroad.
wsj.com
America’s unquestioned financial might isn’t the only thing in danger if the debt ceiling standoff causes a default.
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European business activity slowed in May, a sign that rising borrowing costs are taking a toll on economic growth
wsj.com
U.S. economic activity is showing persistent resilience to rising interest rates and high inflation ahead of the debt-ceiling deadline that threatens the expansion.
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The growing 2024 GOP field signals that prospective candidates don’t think Donald Trump has the race locked up and view Florida Gov. Ron DeSantis as a flawed lead challenger to the former president
wsj.com
This week’s new candidate entries are expected to followed by more in the coming weeks.
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A driver was arrested after a truck crashed into security barriers outside the White House on Monday night
wsj.com
The teenage suspect allegedly brought a flag with a swastika to the scene.
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President Biden and House Speaker Kevin McCarthy failed to reach a deal to raise the debt ceiling at a high-stakes meeting, but planned to press ahead with talks #WSJWhatsNow
https://t.co/qKg9Qhh8QU
wsj.com
The president and the speaker of the House opened a high-stakes meeting on Monday evening, as negotiators worked to get back on track on reaching a deal to avoid a default on U.S. sovereign debt.
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The biggest U.S. bank is making one of the biggest bets ever to remove carbon from the atmosphere as a way to fight climate change
wsj.com
The bank will invest more than $200 million to purchase credits from several companies, boosting an industry that has removed only small amounts of carbon.
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Watch: Ukraine is on the brink of launching a counteroffensive against Russia. WSJ reporter James Marson and retired Brigadier Gen. Mark Kimmitt break down what to expect once the offensive gets underway.
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E. Jean Carroll is seeking fresh damages from former President Donald Trump
wsj.com
Representatives for the advice columnist said the former president’s remarks in a CNN town hall provide further evidence that he has acted maliciously.
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Some traders are sheltering from potential debt-ceiling fallout in the bonds of America’s safest companies
wsj.com
Some traders are sheltering in debt from Microsoft and J&J.
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President Biden has no good options in Washington’s fight over raising the debt limit
wsj.com
The president faces political backlash whether or not he gets a deal with Republicans.
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Activist shareholders continue to bring hot-button issues to U.S. boardrooms, hitting public companies from Alphabet to Mastercard with proposals for their annual meetings
wsj.com
Businesses face proposals on abortion, guns and climate change as groups with various viewpoints strive to get their agendas heard at this year’s annual meetings.
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Hilton and Marriott are launching new extended-stay brands, a sign that the industry remains bullish as work and travel habits evolve
wsj.com
The two U.S. hotel companies are preparing to launch new brands as work and travel habits change.
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China’s new ambassador to the U.S. is set to arrive in Washington, a potential signal of Beijing’s willingness to improve communications with Washington
wsj.com
China’s new ambassador to the U.S. is set to arrive in Washington, a potential signal of Beijing’s willingness to improve communications with Washington.
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The growing 2024 GOP field signals that prospective candidates don’t think Donald Trump has the race locked up and view Florida Gov. Ron DeSantis as a flawed lead challenger to the former president
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Disney has tested its theme park lovers in recent years by hiking costs. But with a $6,000 price tag for a family of four, Disney’s Galactic Starcruiser experience asked too much of even Star Wars die-hards.
wsj.com
With a $6,000 price tag for a family of four, the Galactic Starcruiser experience at Walt Disney World closes less than two years after opening.
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Group of Seven leaders pledged in Hiroshima, Japan, to work toward the elimination of nuclear weapons, but the challenges have only grown recently
wsj.com
Russia is engaging in nuclear brinkmanship over Ukraine, while China and North Korea are building up their stocks and developing new types of weapons.
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An estate spanning about 22 acres on Vermont’s Lake Champlain is coming to market for $9.975 million
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Nas has shown hip-hop’s enduring strength by going on a musical tear. “It’s a new me,” he says.
wsj.com
The revered rapper released four albums in three years and helped organize a host of projects to celebrate hip-hop’s 50th.
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Elon Musk is navigating the tension between his outspoken personality and the cold calculus of being a Western CEO in a world where authoritarian governments can pressure him to bend
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