November 2024 – Page 19 – Best Day Investing

Citadel’s Griffin says he would be open to selling minority stake in his hedge fund

By Carolina Mandl NEW YORK (Reuters) -Citadel’s founder Ken Griffin said on Thursday that he would be open to selling a small stake in his hedge fund at some point…

November 21, 2024

Economy

Fed may need to slow pace of rate cuts, Fed’s Goolsbee says

Investing.com — Chicago Federal Reserve President Austan Goolsbee said Thursday eh continued to sees lower rates ahead, though cautioned that the pace of cuts may need to slow amid uncertainty about where…

November 21, 2024

Economy

IMF will not assess Trump’s tariff, tax-cut plans until details emerge

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund will assess U.S. President-elect Donald Trump’s tariff and tax-cut policies as details emerge, but it’s “too early to speculate” on…

November 21, 2024

Economy

Gaetz withdraws from attorney general consideration

WASHINGTON – Former Representative Matt Gaetz of Florida has announced his decision to withdraw his name from consideration for the position of Attorney General in President-elect Donald Trump’s administration. Gaetz,…

November 21, 2024

Economy

Spain’s lower house approves tax package extending bank windfall tax

By David Latona MADRID (Reuters) -Spanish lawmakers approved the government’s new tax plans, which include extending a modified temporary levy on banks by three years, in a last-minute deal with…

November 21, 2024

Economy

Incoming FCC chair says unlikely commission could reinstate Starlink subsidy

WASHINGTON (Reuters) – The incoming chair of the Federal Communications Commission said it is “very unlikely” the commission could reconsider its 2022 decision to deny Elon Musk’s SpaceX satellite internet…

November 21, 2024

Stock

Fox and Hulu announce multi-year content streaming partnership

(Reuters) – Fox Entertainment and Hulu announced on Thursday a multi-year content deal whereby the Walt Disney-controlled streaming platform will retain the streaming rights for Fox’s extensive programming slate. The…

November 21, 2024

Stock

Amazon likely to face investigation under EU tech rules next year, sources say

BRUSSELS (Reuters) – Amazon (NASDAQ:AMZN) will likely face an EU investigation next year into whether it favours its own brand products on its online marketplace as European antitrust regulators build…

November 21, 2024

Stock

Trump admin could be harder on short-sellers, Carson Block says

Investing.com — Carson Block, founder of Muddy Waters (NYSE:WAT) Capital, predicts that short-sellers might face increased scrutiny under the Trump administration. Speaking with Bloomberg Television, Block noted that the populist narratives…

November 21, 2024

Stock

HSBC downgrades Bloom Energy on valuation

Investing.com – HSBC in a note said the recent 79% surge Bloom Energy Corp (NYSE:BE) shares driven by a record data center order and expectations of additional deals has made its…

November 21, 2024