Editor’s Pick – Page 324 – American Finance Insider

Editor's Pick

China set for stronger growth Amid policy push, but US tariffs remain wildcard:UBS

October 18, 2024

Investing.com — China is likely to deliver stronger-than-expected annual growth, underpinned by Beijing’s willingness to roll out much needed policy support including fiscal and other supportive measures, though any potential sharp U.S. tariff hike carries…

Editor's Pick

Meta releases AI model that can check other AI models’ work

October 18, 2024

By Katie Paul NEW YORK – Facebook (NASDAQ:META) owner Meta said on Friday it was releasing a batch of new AI models from its research division, including a “Self-Taught Evaluator”…

Editor's Pick

Shanghai frenzy fuels alumina’s record-breaking rally: Andy Home

October 18, 2024

By Andy Home LONDON (Reuters) -Alumina prices have soared to record highs this week, compressing margins at the world’s aluminium smelters which convert the intermediate product into metal. The London…

Editor's Pick

US equity funds draw big inflows on bank earnings, rate cut hopes

October 18, 2024

(Reuters) – U.S. investors made large investments in equity funds in the week to Oct. 16, buoyed by strong third-quarter earnings from U.S. lenders and optimism over a potential Federal…

Editor's Pick

US single-family homebuilding rises to five-month high

October 18, 2024

By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding surged to a five-month high in September, but permits for future construction rose only marginally amid excess supply of new homes…

Editor's Pick

Fifth Third Bancorp’s profit falls on higher loan loss provisions

October 18, 2024

(Reuters) – Fifth Third Bancorp (NASDAQ:FITB) reported a fall in its third-quarter profit on Friday, as the bank set aside more money to cover for potential loan defaults, sending its…

Editor's Pick

Factbox-Airlines suspend flights as Middle East tensions rise

October 18, 2024

(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of…

Editor's Pick

AmEx quarterly profit exceeds expectations on cost control

October 18, 2024

(Reuters) -American Express reported third-quarter profit above Wall Street estimates on Friday, benefiting from disciplined expense management that helped soften the hit from a decline in fees it earns from…

Editor's Pick

Barclays recommends positioning for higher US interest rates. Here’s why

October 18, 2024

Investing.com — Investors should be positioning for interest rates in the US to be higher in the coming months, according to analysts at Barclays. In a note to clients, the analysts…

Editor's Pick

CVS to replace CEO Karen Lynch with long-time exec David Joyner

October 18, 2024

(Reuters) -CVS Health on Friday named company veteran David Joyner as new CEO, succeeding Karen Lynch who stepped down from the helm of the struggling healthcare giant after an agreement…

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