Posted inEconomy
Can food prices fall?
Investing.com — Food prices, while no longer rising as rapidly, is expected to remain at the higher level than past, and a meaningful decline may be unlikely, according to UBS analyst…
Posted inStock
US agency warns extended government shutdown could lead to long lines at airports
By David Shepardson WASHINGTON (Reuters) – The head of the Transportation Security Administration on Thursday warned that an extended partial U.S. government shutdown could lead to longer wait times at…
Posted inEconomy
Albania bans TikTok for a year after killing of teenager
TIRANA (Reuters) – Albania on Saturday announced a one-year ban on TikTok, the popular short video app, following the killing of a teenager last month that raised fears over the…
Posted inStock
China’s Nio introduces Firefly brand to take on BMW’s Mini
GUANGZHOU, China (Reuters) – Nio (NYSE:NIO) unveiled a lower-cost brand named Firefly on Saturday that it touted as a rival to Mercedes’ Smart and BMW (ETR:BMWG)’s Mini in the Chinese…
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Biden mulls exempting Mexico from imported solar gear tariffs, Bloomberg News reports
(Reuters) – The Biden administration is mulling exempting Mexico from tariffs on imported solar equipment, a change that could benefit Maxeon Solar Technologies, Bloomberg News reported on Saturday. This post…
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MedTech sector outlook for 2025: RBC
Investing.com — RBC Capital Markets is feeling bullish about the MedTech sector heading into 2025, noting a robust environment driven by innovation, favorable demographics, and a pro-business policy landscape under…
Posted inStock
Retailer Party City files for bankruptcy, will wind down 700 stores
By Mrinmay Dey (Reuters) – Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection in the United States on Saturday for the second…
Posted inEconomy
Will federal government spending be slashed in 2025?
Investing.com — The U.S. federal government’s $6.8 trillion spending in fiscal 2024 is unlikely to see significant cuts next year, despite calls for restraint, as structural and political obstacles remain, analysts…
Posted inEconomy
North Korea’s Kim Jong Un calls for stronger rural economies, state media says
SEOUL (Reuters) – North Korean leader Kim Jong Un called to step up development of the country’s industrial production in regions outside Pyongyang to strengthen rural economies, state media KCNA…
Posted inStock
14 lessons from 2025 to remember in 2025: BofA
Investing.com — In a recent note, Bank of America outlined 14 key lessons from 2024 that investors should keep in mind as they head into 2025, warning that market momentum…