Nu Holdings stock price surge 32% and hit $20 after earnings
Nu Holdings stock price has done well this year, and could be on the cusp of a big breakout as it publishes its quarterly financial results. It has soared by…
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Chegg stock price outlook: could CHGG surge 75% after earnings?
Chegg stock price has imploded as it became one of the biggest victims of the artificial intelligence craze. CHGG shares have crashed by over 80% this year and by almost…
Fed’s Kashkari says broad-based US deportations could disrupt labor for some businesses
WASHINGTON (Reuters) -Widespread deportation of foreign-born workers from the United States probably would disrupt some businesses, but the impact on inflation and the broad economy would depend on the details,…
Top 5 things to watch in markets in the week ahead
Investing.com — After a historic week for markets in the wake of Donald Trump’s resounding win in the U.S. presidential election investors will be turning their attention to inflation numbers…
Mnuchin won’t rejoin Trump administration, but has advice on sanctions, debt
By David Lawder WASHINGTON (Reuters) – Donald Trump’s former Treasury secretary, Steven Mnuchin, said he will not seek to join the president-elect’s new administration but is ready to offer advice…
UK minister rules out using Nigel Farage as link to Trump
LONDON (Reuters) – A British minister said on Sunday that the government is unlikely to ask the Reform party leader Nigel Farage to act as an intermediary to deal with…
What is the potential impact on China from possible 60% tariff? Citi discusses
Investing.com — In a Wednesday note to clients, Citi economists discussed the potential impact of a 60% tariff on Chinese goods entering the US market, a measure that has gained…
Mauritius holds election with cost of living on everyone’s minds
By Villen Anganan PORT LOUIS (Reuters) – Mauritius holds a parliamentary election on Sunday with incumbent Prime Minister Pravind Kumar Jugnauth and his main rivals all promising to tackle a…
BOJ hopes to keep 2% inflation target while monitoring climate shock risks
By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) hopes to maintain its 2% inflation target even if climate change causes long-term shocks to future price developments, Governor…
Dow and S&P 500 extend gains after Fed rate cut; Tesla hits $1T, chip stocks slip
US equity benchmarks rose slightly on Friday as investors assessed the Federal Reserve’s interest rate cut on Thursday. The US Fed cut interest rates by 25 basis points on Thursday,…