GlobalData raises 2024 ASEAN vehicle market forecast
Slight upward revision to forecast comes in spite of mixed picture in regional markets.
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Balancing audit market requires ‘considerable time’ – UK FRC
The council expressed concerns about firms’ capacity to deliver high-quality audits, particularly as audit fees rise.
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InvestCloud unveils private-markets account offering
Using InvestCloud's APL platform, the PMA provides a centralised point for holding, and rebalancing alternative investments.
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Investors hope for US stock market trifecta in 2025 after back-to-back boom years
Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming president Donald Trump. The benchmark S&P 500 is up over 23% year-to-date, even with a recent speed bump, and is on pace for its second straight year of gains exceeding 20%, lifted by megacap tech stocks and excitement over the business potential of artificial intelligence. Investors are more confident about the economy than this time a year ago, with consumers and businesses having absorbed higher interest rates and the Federal Reserve now lowering them - albeit by not as much as hoped.
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Stock Market Today: Stocks tumble amid political chaos in Washington
Political chaos in Washington has stocks on pace for their worst week of the year.
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Bitcoin price today: falls for 3rd straight day to $97k on hawkish Fed outlook
-- Bitcoin retreated further on Friday, marking its third consecutive day of declines as macroeconomic pressures induced by the Federal Reserve’s hawkish stance and...
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‘Going All-In’: Jefferies Says These 2 Stocks Could Ride the U.S. Manufacturing Revival
Over the past several years there has been increased public discussion of manufacturing, particularly of ‘reshoring’ in the manufacturing sector. The consensus is that a sector-wide move in that direction is necessary, to reverse the effects of previous decades when much of the US manufacturing plant was moved abroad, to Mexico or East Asia. While reshoring remains more of a policy conversation than a full-scale movement, it has nonetheless influenced recent federal elections. It’s no coincidenc
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Morning Bid: Government shutdown and tariff fears jar year-end markets
U.S. government shutdown fears and fresh trade war threats cast another cloud over Wall Street as a bruising final full trading week of the year comes to a close and dampens what had been a stellar year for U.S. stocks. Already sideswiped by what was seen as a 'hawkish cut' in Federal Reserve interest rates on Wednesday, where the central bank lifted both its 2025 policy rate and inflation projections, the S&P 500 was in the red again late Thursday and futures were down almost 1% before Friday's bell. A spending bill backed by Donald Trump failed in the U.S. House of Representatives late Thursday as dozens of Republicans defied the President-elect, leaving Congress with no clear plan to avert a fast-approaching government shutdown that could disrupt Christmas travel.
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The sharp reaction to the Fed could be an ominous sign for markets in 2025: Morning Brief
Fed Chair Jay Powell did nothing particularly surprising on Wednesday, but markets reacted sharply. The strong reaction does not portend smooth sailing in the year ahead as the uncertainty Powell referenced arrives.
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Money market account rates today, December 20, 2024 (up to 5.00% APY return)
Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.
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Cardano Falls 10% In Rout
- Cardano was trading at $0.8849 by 00:56 (05:56 GMT) on the Index on Friday, down 10.10% on the day. It was the largest one-day percentage loss since...
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Watch These Gold Price Levels as Precious Metal Trades Near Record High
Key Takeaways Gold prices will likely remain in focus on Monday after hitting record highs …
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Vitalik Buterin proposes metrics to measure ‘Ethereum alignment’
Ethereum co-founder Vitalik Buterin has proposed putting together a set of metrics to measure how …
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British Airways Owner IAG Bucks Hard Year for Airline Stocks
(Bloomberg) -- It’s been a tough year for investors in European aviation, with Boeing Co.’s production woes, engine problems grounding aircraft and the still-sluggish corporate-travel market weighing on the sector.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalReviving a Little-Known Modernist Landmark in BuffaloCarriers
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