November 2024 – Page 35 – Best Day Investing

Fed’s Bowman cautious on further rate cuts as end point for cuts could be closer

Investing.com — Federal Reserve governor Michelle Bowman on Wednesday backed a cautious approach to further rate cuts amid expectations the neutral level or end point for rate cuts may be…

November 20, 2024

Economy

Fed’s Bowman calls for cautious approach on interest rates

(Reuters) – Federal Reserve Governor Michelle Bowman, among the U.S. central bank’s most hawkish policymakers, on Wednesday called for a cautious approach to any further interest rate cuts, noting that…

November 20, 2024

Economy

PIMCO bullish on stocks on US soft landing hopes, cautious on inflation

By Davide Barbuscia NEW YORK (Reuters) – An optimistic outlook on the U.S. economy is prompting U.S. bond giant PIMCO to favor stocks and some other risk assets, while seeking…

November 20, 2024

Economy

Russian inflation jumps 0.37% in latest week

MOSCOW (Reuters) – Russian consumer prices rose 0.37% in the latest week, up from 0.3% in the previous week, data showed, driven by price growth for butter, sunflower oil, dairy…

November 20, 2024

Economy

LVMH brands can choose to forge deals with Paris FC soccer club or not, Arnault family says

PARIS (Reuters) – The Arnault family holding will not pressure LVMH brands into forging partnerships with Paris FC once it acquires a controlling stake in the French capital’s soccer club,…

November 20, 2024

Economy

Fed’s Cook: More cuts likely appropriate as disinflation expected to continue

By Howard Schneider CHARLOTTESVILLE, Va. (Reuters) – U.S. inflation continues to ease, with wages and the job market cooling and excess price increases largely confined to housing, a situation in…

November 20, 2024

Stock

Israel stocks lower at close of trade; TA 35 down 0.30%

Investing.com – Israel stocks were lower after the close on Wednesday, as losses in the Biomed, Banking and Technology sectors led shares lower. At the close in Tel Aviv, the…

November 20, 2024

Stock

Greece stocks higher at close of trade; Athens General Composite up 1.31%

Investing.com – Greece stocks were higher after the close on Wednesday, as gains in the Banking, Construction and Travel sectors led shares higher. At the close in Athens, the Athens…

November 20, 2024

Stock

Target stock hit with downgrades, analysts point to market share erosion

Investing.com – Citi and Deutsche Bank (ETR:DBKGn) downgraded Target Corporation (NYSE:TGT) stock, citing market share erosion and a weaker outlook from the retailer. Target Corp. shares plunged 20% to $124.15 on…

November 20, 2024

Stock

Turkey stocks lower at close of trade; BIST 100 down 2.18%

Investing.com – Turkey stocks were lower after the close on Wednesday, as losses in the Transport, Wood, Paper & Printing and Sports sectors led shares lower. At the close in…

November 20, 2024