Posted inEconomy
Investors read Fed tea leaves, shrug off China stimulus
By Alden Bentley NEW YORK (Reuters) – A look at the day ahead in Asian markets. Wall Street got back on track Tuesday, encouraged that the Fed seems confident enough…
Posted inPolitics
On differences with Biden, Harris says ‘not a thing that comes to mind’
Vice President Kamala Harris said Tuesday that she could not think of a difference with President Joe Biden over the past four years, quickly attracting criticism from Republicans who have…
Posted inPolitics
Eleven years later, Trump may finally have the best friend he wanted
In 2013, Donald Trump was just New York Businessman Donald Trump, his presidential ambitions apparently obliterated by President Barack Obama’s scornful dismantling at the 2011 White House Correspondent’s Association dinner.…
Posted inStock
GM CEO assures investors more profitable days are ahead
By Nora Eckert DETROIT (Reuters) -General Motors CEO Mary Barra sought to soothe shareholder worries that lagging demand for electric vehicles and perceived peak demand for gasoline-powered trucks will create…
Posted inStock
S&P places Boeing’s rating on CreditWatch negative as strike drags on
(Reuters) -Global ratings agency S&P said on Tuesday it had placed Boeing (NYSE:BA)’s rating on CreditWatch negative as about 33,000 of the U.S. planemaker’s workers remain on strike, halting production…
Posted inStock
After-hours movers: Astera Labs, Saratoga Investment, Kezar Life Sciences, and more
After-Hours Stock Movers: Kezar Life Sciences (NASDAQ:KZR) rose 24% after Concentra Biosciences offered to acquire the company for $1.10 per share in cash, plus a contingent value right (“CVR”) that…
Posted inStock
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.30%
Investing.com – U.S. stocks were higher after the close on Tuesday, as gains in the Technology, Consumer Services and Telecoms sectors led shares higher. At the close in NYSE, the…
Posted inStock
Canada stocks lower at close of trade; S&P/TSX Composite down 0.13%
Investing.com – Canada stocks were lower after the close on Tuesday, as losses in the Energy, Clean Technology and REITs sectors led shares lower. At the close in Toronto, the…
Posted inStock
Brazil stocks lower at close of trade; Bovespa down 0.38%
Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Basic Materials, Telecoms and Industrials sectors led shares lower. At the close in Sao Paulo,…
Posted inEconomy
Investors now believe fed rate-cut outlook too optimistic: UBS
Investing.com — Investors now believe that even the Fed’s expectations to cut rates by 200 basis points over the next two years are too optimistic as stronger economic data continue…