January 2025 – Page 7 – Best Day Investing

JPMorgan files two lawsuits against Greece’s Viva Wallet as legal saga continues

ATHENS (Reuters) – Wall Street bank JP Morgan has filed two lawsuits over its investment in fintech Viva Wallet, the latest twist in a legal dispute between the two sides…

January 8, 2025

Stock

RBC upgrades Phreesia to outperform

Investing.com — RBC Capital Markets upgraded Phreesia Inc (NYSE:PHR) to “outperform” from “sector perform,” citing stronger confidence in the company’s long-term EBITDA growth potential. The firm highlighted Phreesia’s ability to increase…

January 8, 2025

Stock

AMD, J&J lead market cap stock movers on Wednesday

Wednesday’s trading session has showcased a variety of fluctuations among stocks, particularly within the mega-cap and large-cap sectors. Investors have been reactive to news and market shifts, resulting in notable…

January 8, 2025

Stock

VW managers to take combined 300-million-euro pay cut, reports local newspaper

BERLIN (Reuters) – Volkswagen (ETR:VOWG_p)’s management will take pay cuts adding up to over 300 million euros ($310.08 million) by 2030, according to comments by VW human resources board member…

January 8, 2025

Stock

Initial jobless claims and Fed speakers headline Thursday’s economic events

As traders approach another pivotal day for financial markets, Thursday, January 9, 2025, brings a series of crucial economic data releases and Federal Reserve speeches that could sway market dynamics.…

January 8, 2025

Economy

Fed minutes show Wall Street pushed back expected end of balance sheet drawdown

By Michael S. Derby NEW YORK (Reuters) – Wall Street’s biggest banks have pushed back the expected endgame for the Federal Reserve’s ongoing efforts to shrink the size of its…

January 8, 2025

Economy

Fed eyes slower rate cuts on worries about stalling disinflation: Fed’s minutes

Investing.com — Federal Reserve policymakers were in favor of slowing the pace of rate cuts on concerns about stalling disinflation, according to the minutes of the Federal Reserve’s Dec. 17-18…

January 8, 2025

Economy

France can’t stray far from 5% deficit – central bank head

PARIS (Reuters) – France needs to bring its public sector budget deficit as close as possible to 5% of economic output this year as a first step towards getting the…

January 8, 2025

Economy

Treasury yield surge reflects expectations of more long-term debt

By Karen Brettell NEW YORK (Reuters) – Longer-term U.S. Treasury yields have surged to multi-month highs, outpacing a rise in shorter-dated yields, with some of the disparity reflecting anticipation that…

January 8, 2025

Economy

ECB could reach neutral rate by summer, Villeroy says

PARIS (Reuters) – The European Central Bank’s interest rates should reach the point where they are no longer a drag on growth by this summer if inflation is tamed by…

January 8, 2025