2024 – Page 130 – Best Day Investing – Investing and Stock News

Colombia’s interior minister says proposed $2.73 billion fiscal reform not viable

BOGOTA (Reuters) – Colombia’s Interior Minister Juan Fernando Cristo on Monday said the government’s proposed 12 trillion peso ($2.73 billion) fiscal reform was “not viable,” but added that a smaller…

December 9, 2024

Stock

DJI could be banned from launching new products in US under proposed bill

WASHINGTON (Reuters) – China-based DJI could be banned from launching new drones in the United States market under an annual military bill set to be voted on later this week…

December 9, 2024

Stock

Barclays upgrades Robinhood, Schwab on growth

Investing.com — Barclays upgraded Robinhood Markets Inc (NASDAQ:HOOD) and Charles Schwab Corp (NYSE:SCHW) to “overweight,” citing improved market conditions and growth opportunities for brokers and alternative asset managers for 2025. While…

December 9, 2024

Stock

Zeta shares fall 11% after Omnicomagrees to acquire IPG

On Monday, Zeta Global (NYSE: ZETA), an AI-powered marketing cloud company, experienced an 11% drop in share value following the announcement that Omnicom (NYSE: OMC) will acquire The Interpublic Group…

December 9, 2024

Stock

Former OpenAI researcher raises $40 million to build more empathetic audio AI

By Anna Tong SAN FRANCISCO (Reuters) – – A former OpenAI researcher has raised $40 million for a startup that will build artificial-intelligence models that connect emotionally with humans via…

December 9, 2024

Economy

Canadian government to present mini budget on Dec. 16

By Ismail Shakil OTTAWA (Reuters) – The Canadian government will present its fall economic statement on Dec. 16, the finance ministry said on Monday, announcing a date for the budget…

December 9, 2024

Economy

Fed likely to cut rates next week, but outlook to tilt hawkish: Macquarie

Investing.com — The Federal Reserve is likely to cut rates next week, but a slew of data pointing to a still strong labor market and slowing disinflation will force the…

December 9, 2024

Economy

Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December

(Reuters) – Citigroup (NYSE:C), previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S. Federal Reserve, has now aligned with its peers in expecting…

December 9, 2024

Economy

Revance agrees to lower take-private offer by Crown Labs

(Reuters) -Crown Laboratories would buy the anti-wrinkle injection maker Revance Therapeutics (NASDAQ:RVNC) at a roughly 50% lower price compared to an original agreement signed in August, the companies said on…

December 9, 2024

Economy

Binance still to choose location for global headquarters, CEO Teng says

By Federico Maccioni ABU DHABI (Reuters) – Cryptocurrency exchange Binance has yet to decide where to base its global headquarters, its CEO told Reuters on Monday, years after it flagged…

December 9, 2024