Economy

By Nell Mackenzie and Carolina Mandl LONDON (Reuters) – Some of the world’s largest hedge funds finished 2024 with comfortable double-digit returns, benefiting from chaotic markets, central bank policy changes…

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Economy

US 30-year fixed-rate mortgage flirts with 7%

January 2, 2025

WASHINGTON (Reuters) – U.S. mortgage rates jumped to a six-month high this week, suggesting that a recent improvement in home sales could be temporary. The average rate on the popular…

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Economy

SoFi shares fall after KBW downgrade on valuation concerns

January 2, 2025

(Reuters) – Personal finance app SoFi Technologies (NASDAQ:SOFI)’ shares fell as much as 7% on Thursday, after analysts at KBW downgraded the stock to “underperform” on concerns over its lofty…

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Economy

US weekly jobless claims unexpectedly fall

January 2, 2025

WASHINGTON (Reuters) – The number of Americans filing new applications for jobless benefits unexpectedly fell last week, pointing to low layoffs at the end of 2024, consistent with a healthy…

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Economy

The Child Millionaire plan for building generational wealth, financial literacy

January 2, 2025

Investing.com — In a world where financial security often feels out of reach, Cole Snell—founder of Infineo—has set his sights on a mission and that is to make every child…

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Economy

Bank of England allots second-highest amount on record at short-term repo

January 2, 2025

LONDON (Reuters) – The Bank of England said on Thursday it had allotted 46.180 billion pounds ($57.49 billion) at its first short-term repo of 2025, the second-highest amount on record…

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Economy

Futures rise ahead of Wall St’s first trading session in 2025

January 2, 2025

(Reuters) – U.S. stock index futures edged higher before the first trading session of 2025, with investors hoping a new political landscape and more interest rate cuts will enliven corporate…

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Economy

China adds 28 US entities to export control list

January 2, 2025

BEIJING (Reuters) – China has added 28 U.S. entities to its export control list to “safeguard national security and interests”, the commerce ministry said on Thursday. The companies on the…

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Economy

Apple’s discounts, Chinese manufacturing, UK house prices – what’s moving markets

January 2, 2025

Investing.com — Wall Street is seen trading slightly higher Thursday ahead of the release of weekly unemployment figures and key US manufacturing activity data. The equivalent Chinese numbers showed some…

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Economy

Global insurance rates fall 0.9% in 2024, first drop since 2017, report says

January 2, 2025

LONDON (Reuters) – Global insurance premiums fell 0.9% last year as the market became more competitive after years of rate rises, insurance broker Howden said in a report on Thursday.…

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Popular Topics

Hedge funds deliver double-digit returns in 2024

US 30-year fixed-rate mortgage flirts with 7%

SoFi shares fall after KBW downgrade on valuation concerns

US weekly jobless claims unexpectedly fall

The Child Millionaire plan for building generational wealth, financial literacy

Bank of England allots second-highest amount on record at short-term repo

Futures rise ahead of Wall St’s first trading session in 2025

China adds 28 US entities to export control list

Apple’s discounts, Chinese manufacturing, UK house prices – what’s moving markets

Global insurance rates fall 0.9% in 2024, first drop since 2017, report says