2024 – Page 115 – Best Day Investing – Investing and Stock News

Intel executives say manufacturing spinoff is possible

(Reuters) – The two executives leading Intel (NASDAQ:INTC) after the ouster of its chief executive said on Thursday that the company may spin out its manufacturing division. Speaking at an…

December 12, 2024

Stock

Morgan Stanley sees volatility in mining sector, adjusts ratings

Investing.com — Morgan Stanley expects elevated volatility in the mining sector through 2025, particularly in the first half, citing global growth headwinds and uncertain economic policies in China and the U.S.…

December 12, 2024

Economy

US producer prices surge on costly eggs, but disinflationary trend intact

By Lucia Mutikani WASHINGTON (Reuters) -U.S. producer prices increased by the most in five months in November, but a moderation in the costs of services such as portfolio management fees…

December 12, 2024

Economy

Eggs boost US producer prices in November, but services inflation slowing

By Lucia Mutikani WASHINGTON (Reuters) -U.S. producer prices increased by the most in five months in November, but easing costs of services such as portfolio management fees and airline fares…

December 12, 2024

Economy

Chanel picks Matthieu Blazy as creative director – reports

PARIS (Reuters) -French fashion house Chanel selected former Bottega Veneta design chief Matthieu Blazy as its next creative director, Women’s Wear Daily and the Financial Times reported Thursday. French luxury…

December 12, 2024

Economy

US 30-year fixed-rate mortgage falls to 6.60%

WASHINGTON (Reuters) – U.S. mortgage rates dropped to the lowest level in nearly two months this week, a trend that if sustained could boost home sales in the coming months.…

December 12, 2024

Economy

Autonomous agents and profitability to dominate AI agenda in 2025, executives forecast

By Katie Paul NEW YORK – Autonomous “agents” and profitability are likely to dominate the artificial intelligence agenda next year, business executives and researchers predicted this week in interviews at…

December 12, 2024

Economy

Exclusive-Iberdrola seeks UK smart meter unit sale, sources say

By Andres Gonzalez LONDON (Reuters) -Spanish utility Iberdrola (OTC:IBDRY) aims to sell its smart metering business in the UK and has lined up advisers, according to three sources with knowledge…

December 12, 2024

Economy

Lagarde comments at ECB press conference

FRANKFURT (Reuters) – The European Central Bank cut interest rates for the fourth time this year on Thursday and kept the door open to further easing in 2025 as growth…

December 12, 2024

Economy

US bank profits dip in third quarter, but interest income up – FDIC

By Pete Schroeder WASHINGTON (Reuters) – U.S. bank profits dipped 8.6% in the third quarter of 2024 to $65.4 billion, after enjoying a one-time surge the prior quarter, the Federal…

December 12, 2024