December 2024 – Page 3 – Best Day Investing

Phone firms denying US military requests for security data, letter says

By Raphael Satter WASHINGTON (Reuters) – Phone companies are denying the U.S. military’s requests for data about vulnerabilities in the American telecom system, according to a letter released Wednesday. In…

December 4, 2024

Stock

Trump picks former SEC commissioner Paul Atkins to run agency

By Lawrence Delevingne WASHINGTON Reuters) -U.S. Republican President-elect Donald Trump on Wednesday said he would nominate Paul Atkins to run the Securities and Exchange Commission, putting a prominent conservative Washington…

December 4, 2024

Stock

Trump picks Gail Slater to head Justice Department’s antitrust division

By Jody Godoy (Reuters) – U.S. President-elect Donald Trump on Wednesday tapped Gail Slater, an antitrust veteran and economic adviser for JD Vance, to lead the Department of Justice’s antitrust…

December 4, 2024

Stock

Defense firm Anduril partners with OpenAI to use AI in national security missions

By Mike Stone and Aishwarya Jain (Reuters) – Defense technology company Anduril Industries and ChatGPT-maker OpenAI on Wednesday announced a partnership to develop and deploy advanced artificial intelligence solutions for…

December 4, 2024

Stock

Trump’s policy risks aren’t priced in in emerging markets

Investing.com — Emerging markets are not yet pricing in the potential impact of a return to Trump-era U.S. policies, including higher tariffs and elevated interest rates, Morgan Stanley (NYSE:MS) said in…

December 4, 2024

Economy

Fed can take cautious approach to rate cuts amid economic strength: Powell

Investing.com — Federal Reserve Chair Jerome Powell said the Fed can take a “little more cautious” approach in cutting rates toward neutral as the economy remains in good shape. “We…

December 4, 2024

Economy

US economy grew slightly in recent weeks, Fed survey says

(Reuters) – U.S. economic activity has expanded slightly in most regions since early October, with employment growth “subdued” and inflation rising at a modest pace and businesses expressing optimism about…

December 4, 2024

Economy

Colombia’s Petro says he expects finance minister to resign amid corruption scandal

BOGOTA (Reuters) – Colombia’s President Gustavo Petro on Wednesday said he expects his Finance Minister Ricardo Bonilla to resign amid an ongoing corruption scandal, though the president said he does…

December 4, 2024

Economy

West Africa central bank keeps policy rate at 3.50%

DAKAR (Reuters) – West Africa’s central bank, the BCEAO, kept its main lending rate unchanged at 3.50% in a decision announced in a statement on Wednesday. This post appeared first…

December 4, 2024

Economy

Analyst lists key questions for China in 2025

Investing.com — Forecasting China’s economic trajectory is never straightforward, but ING analysts laid out ten pivotal questions to watch in 2025. These questions span growth targets, policy effectiveness, market stability, and…

December 4, 2024