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    Caldwell Strengthens Life Sciences and Healthcare Practice with Addition of Olga Kozlova in Dubai

    “Olga brings an exceptional combination of deep sector expertise, regional knowledge and trusted client relationships across the Middle East and beyond,” said John Blank and Steven Price, co-leaders of Caldwell’s Life Sciences and Healthcare Practice. “Her understanding of the healthcare and life sciences ecosystem, coupled with her ability to advise organizations on critical leadership decisions, will be a tremendous asset to our clients. We are delighted to welcome her to the practice as we continue to expand our capabilities and reach across this important and rapidly evolving market.”

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    Wall Street rises after Treasury expands debt buybacks

    U.S. stocks ended modestly higher Wednesday as long-term Treasury yields fell sharply. The S&P 500 rose 16.22 points, or 0.21%, to 7,707.98, ending a three-session losing streak. The Dow Jones Industrial Average gained 119.65 points, or 0.22%, to close at 53,463.05. The Nasdaq Composite added 41.38 points, or 0.16%, finishing at 26,331.09. Falling government bond yields helped major indexes recover after several sessions of pressure from rising borrowing costs. Bond prices climbed after the U.S. Treasury Department announced larger liquidity support buybacks for longer-dated government debt. Starting September 9, the maximum purchase size will increase from $2 billion to at least $4 billion per operation. The change covers nominal coupon securities in the 10-to-20-year and 20-to-30-year maturity sectors. The increased amounts will remain in effect through November 4. The department said strong volumes of high-quality offers supported the decision to increase liquidity operations in those sectors. Treasury yields moved lower following the announcement, reversing part of a recent rise in long-term borrowing costs. The 10-year Treasury yield fell to about 4.65%, while the 30-year yield declined to about 5.20%. The 30-year yield had reached 5.337% on Tuesday, its highest level since 2007. Bond yields move invers