October 8, 2024 – Best Day Investing – Investing and Stock News

The hurricane X-factor in the 2024 election

Any number of October surprises could affect the 2024 election, but right now, none loom larger than the fall hurricanes. Hurricane Helene is already the deadliest mainland hurricane since Hurricane…

October 8, 2024

Stock

TikTok sued by 13 states and DC, accused of harming younger users

By Jody Godoy and David Shepardson NEW YORK/WASHINGTON (Reuters) -TikTok faces new lawsuits filed by 13 U.S. states and the District of Columbia on Tuesday, accusing the popular social media…

October 8, 2024

Stock

Citi pushes back on New York lawsuit over fraud scams

By Jaiveer Shekhawat (Reuters) -Citigroup’s lawyers have urged U.S. District Judge Paul Oetken to dismiss a suit filed in January by Attorney General Letitia James, which accuses its Citibank unit…

October 8, 2024

Stock

India, South Korea bonds to join FTSE Russell government indexes in 2025

(Reuters) – Global index provider FTSE Russell on Tuesday said it would include India’s sovereign bonds in its Emerging Markets Government Bond Index (EMGBI) starting September 2025, following index inclusion…

October 8, 2024

Stock

Pfizer CEO plans to meet activist investor Starboard, FT reports

(Reuters) -Pfizer CEO Albert Bourla plans to meet key executives of activist hedge fund Starboard Value next week, the Financial Times reported on Tuesday, citing people familiar with the matter.…

October 8, 2024

Economy

UK likely to free up borrowing by excluding BoE losses, Guardian reports

LONDON (Reuters) -British Finance Minister Rachel Reeves will likely free up 10 billion to 20 billion pounds’ ($13.1 billion – $26.2 billion) worth of room to borrow for capital investment…

October 8, 2024

Economy

Investors read Fed tea leaves, shrug off China stimulus

By Alden Bentley NEW YORK (Reuters) – A look at the day ahead in Asian markets. Wall Street got back on track Tuesday, encouraged that the Fed seems confident enough…

October 8, 2024

Politics

On differences with Biden, Harris says ‘not a thing that comes to mind’

Vice President Kamala Harris said Tuesday that she could not think of a difference with President Joe Biden over the past four years, quickly attracting criticism from Republicans who have…

October 8, 2024

Politics

Eleven years later, Trump may finally have the best friend he wanted

In 2013, Donald Trump was just New York Businessman Donald Trump, his presidential ambitions apparently obliterated by President Barack Obama’s scornful dismantling at the 2011 White House Correspondent’s Association dinner.…

October 8, 2024

Stock

GM CEO assures investors more profitable days are ahead

By Nora Eckert DETROIT (Reuters) -General Motors CEO Mary Barra sought to soothe shareholder worries that lagging demand for electric vehicles and perceived peak demand for gasoline-powered trucks will create…

October 8, 2024