Casago Vacasa merger to enhance vacation rental market
Under the terms of the deal, Casago will purchase all outstanding shares of Vacasa at $5.02 each.
Read MoreBest money market account rates today: December 31, 2024 (earn up to 5.00% APY)
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.
Read More3 must-knows about employee stock options
Forms of compensation like r estricted stock units and performance shares—whereby executives receive a batch of stock from their companies after meeting a performance target — have some key advantages relative to employee stock options. When employees receive stock option grants, they have the opportunity to exercise the options at some later date at a predetermined price, called the strike price or exercise price.
Read MoreStock Market Today: Stocks bounce higher into final trading day of 2024
Wall Street is looking to close out its strongest year since 2021 on a high note.
Read MorePakistan Notches Best Stock Rally Since 2002 on Growth Momentum
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Migrant Crisis Pushed US Homelessness to Record High in 2024Pakistani stocks recorded their biggest annual gain in 22 years, outperforming nearly all markets worldwide as economic conditions improve and traders bet on more interest-rate cuts. The South Asian
Read MoreMarkets raise bets that ‘sick man’ euro will hit parity with dollar
Investors are betting that the euro will hit parity with the dollar amid growing fears about the impact of a global trade war on the European Union’s “sick man” economy.
Read MoreTesla stock's bumpy road through 2024 was erased by Musk and Trump's bromance
Tesla (TSLA) began 2024 with a bang.
Read MoreThe AI stocks that could boom in 2025
Big Tech stocks could have another big year in 2025.
Read More2025 stock market predictions from the big banks
The year 2024 marked a historic milestone as the Dow Jones, Nasdaq, and S&P 500 all reached new record highs, fueled by the surge in artificial intelligence and significant shifts in the economic and political landscape.
Read MoreStocks are skipping the ‘Santa Claus rally’ again this year. That doesn’t bode well for January.
Santa Claus is leaving investors in the lurch once again in 2024 as U.S. stocks have struggled during the typically bullish home stretch of the year.
Read MoreIs the stock market open on New Year’s Eve and New Year’s Day? Does the post office deliver mail?
As we look ahead to 2025, be prepared for holiday schedule changes
Read MoreTesla to fix software for 77,650 China-made vehicles, says market regulator
Tesla will fix software in 77,650 China-made Model 3 and Model Y cars over safety hazards, China's market regulator said on Tuesday. The action, due to software issues that may fail to display the monitored tyre pressure immediately after the vehicle starts, is described as a product recall under Chinese regulations, the regulator said. It was not immediately clear if drivers might need, or would be eligible, to return vehicles to Tesla for refunds.
Read MoreA better year expected for IPO bankers as Hong Kong claws its way back into top 10 markets
After a satisfying year for investment bankers in Hong Kong, who helped lift the city back into the top 10 ranking in initial public offerings (IPOs) worldwide, the new year could be merrier as Hong Kong Exchanges and Clearing (HKEX) prepares for more market debutants. Companies and investors raised US$11 billion from 64 first-time stock offerings on the main board, according to data compiled by the London Stock Exchange Group, making it the fifth busiest IPO venue. India's two main exchanges an
Read MoreMarkets in 2024: Wall Street's high-octane rally keeps investors captive to the US
Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost Treasuries and soften the dollar and emerging market currencies to strengthen have firmly defied that consensus. That comes mostly thanks to a second year of huge gains for Wall Street stocks as artificial intelligence fever and robust economic growth sucked more global capital into U.S. assets and took the dollar up 6.6% against peers in 2024. U.S. exuberance rose after Donald Trump's Nov. 5 election win, as traders focused on the President-elect's plans for tax cuts and deregulation, with the surge in animal spirits propelling cryptocurrency bitcoin to a 122% annual gain.
Read MoreChinese stocks post first annual gain since 2020, HK ends 4-year rout
Chinese stocks registered their first annual gain following an unprecedented three-year decline despite a dip on the final trading day of 2024, while Hong Kong shares ended the year higher, supported by optimism over policy support. The blue-chip CSI 300, tracking the biggest companies listed in Shanghai and Shenzhen, rose 14.7% this year, breaking a losing streak since 2021 set off by the COVID-19 pandemic, property sector woes and weak consumer confidence. Hong Kong's benchmark Hang Seng Index closed the year's final session up 0.1%, for an annual gain of 17.7% that ended four consecutive years of losses.
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