Dollar stands tall in 2024, propped up by cautious Fed, Trump trade
By Ankur Banerjee SINGAPORE (Reuters) – The dollar was firm on the last trading day of the year, poised to clock strong gains in 2024 against most currencies as investors…
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China Dec factory activity expands at slower pace as trade risks rise
BEIJING (Reuters) – China’s manufacturing activity grew for a third straight month in December but barely, an official factory survey showed on Tuesday, suggesting the effects of policy stimulus may…
Share buybacks dominate 2024: here’s why not all buybacks are worth it
Wall Street often celebrates when companies announce stock buybacks, seeing them as a vote of confidence in a firm’s future. However, veteran stock researcher Bradley Safalow is sounding a cautionary…
European stocks dip in early trade as year-end trading begins: FTSE down 0.3%, DAX slips 0.4%
European markets began the week in negative territory, with the pan-European Stoxx 600 index declining 0.4% shortly after the opening bell. All sectors and major indices were in the red,…
What the Jeju Air crash could mean for Boeing stock in 2025
Boeing is in red today after South Korea ordered a “comprehensive special inspection” of all B737-800s – the aircraft involved in the Jeju Air crash that killed 175 passengers over…
Top 5 best performing small-cap US stocks in 2024
US stock market investors have had a dream year. The three major indexes are set to finish the year just shy of record highs, with the S&P 500 and Dow…
Invest in this robotaxi stock for 40% returns in 2025
Goldman Sachs analyst Allen Chang expects Pony AI Inc (NASDAQ: PONY) – an autonomous vehicles startup based out of Guangzhou, China to do exceptionally well in 2025. He assumed coverage…
Wall Street to close on Jan 9 to honor President Jimmy Carter
By Stephen Culp NEW YORK (Reuters) – U.S. stock exchanges will close on Thursday, January 9 in observation of a national day of mourning in honor of former U.S. President…
US pending home sales hit 21-month high in November
(Reuters) – Contracts to buy U.S. previously owned homes rose more than expected in November, notching a fourth straight month of gains as buyers focused on taking advantage of improved…
US disburses $3.4 billion in budget aid for Ukraine, Yellen says
By Andrea Shalal WASHINGTON (Reuters) – The United States has sent $3.4 billion in additional budget aid to Ukraine, giving the war-torn country critical resources amid intensifying Russian attacks on…