December 2024 – Page 7 – Best Day Investing

Beijing unveils plans to boost driverless vehicle use in capital

By Qiaoyi Li and Brenda Goh BEIJING (Reuters) – China’s capital Beijing passed new regulations on Tuesday to encourage autonomous driving technology in the city, with authorities planning to eventually…

December 31, 2024

Stock

Bill Ackman expects Trump to privatize Fannie Mae and Freddie Mac

(Reuters) -Bill Ackman expects U.S. President-elect Donald Trump to remove Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) from conservatorship, potentially making them private companies again, the billionaire investor said on…

December 31, 2024

Economy

Asian stocks, dollar hold their own to close out strong 2024

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks eased on Tuesday in cautious end-of-year trading that has seen investors scale back bets of deep U.S. rate cuts in 2025 and…

December 31, 2024

Economy

Turkey hikes fuel tax by 6%, aims to control inflation

ANKARA (Reuters) – Turkey imposed a 6% tax hike on fuel on Tuesday, after its finance minister said over the weekend that tax moves on fuel and tobacco would not…

December 31, 2024

Economy

China Dec factory activity expands at slower pace as trade risks rise

BEIJING (Reuters) – China’s manufacturing activity grew for a third straight month in December but barely, an official factory survey showed on Tuesday, suggesting the effects of policy stimulus may…

December 31, 2024

Economy

Dollar stands tall in 2024, propped up by cautious Fed, Trump trade

By Ankur Banerjee SINGAPORE (Reuters) – The dollar was firm on the last trading day of the year, poised to clock strong gains in 2024 against most currencies as investors…

December 31, 2024

Stock

US stock futures edge lower after Wall Street slips amid year-end profit taking

Investing.com– U.S. stock index futures edged lower on Monday evening after Wall Street fell sharply amid profit-taking at the end of a strong year. S&P 500 Futures inched 0.2% lower to…

December 31, 2024

Stock

Pennsylvania governor complains to regulator about PJM’s power market rules

NEW YORK (Reuters) – Pennsylvania Governor Josh Shapiro filed a complaint with a federal energy regulator against PJM Interconnection on Monday, arguing that the largest U.S. power grid operator must…

December 31, 2024

Stock

Bank regulator gives BlackRock January deadline on bank stakes

By Suzanne McGee (Reuters) – The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock (NYSE:BLK) it has until Jan. 10 to accept an agreement that would allow the…

December 31, 2024

Stock

Bernard Madoff’s victims collect $4.3 billion as US government fund completes payouts

By Jonathan Stempel NEW YORK (Reuters) – A U.S. government fund to compensate people swindled by Bernard Madoff announced its tenth and final distribution on Monday, saying it will have…

December 31, 2024