Investing

By Chris Prentice, Pete Schroeder, Svea Herbst-Bayliss and Michelle Price WASHINGTON (Reuters) – Trump transition team officials are considering retail brokerage Robinhood (NASDAQ:HOOD)’s top lawyer, as well as bank regulators…

View Post

View Post

Investing

Australian lender ANZ’s annual profit misses estimates as competition bites

November 7, 2024

(Reuters) -Australian lender ANZ Group reported lower-than-expected annual earnings on Friday as its margins were impacted by what it called a “challenging” period of intense deposit and lending competition and…

View Post

View Post

Investing

US rate futures price in more Fed easing in December and 2025

November 7, 2024

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, priced in on Thursday another 25-basis-point rate…

View Post

View Post

Investing

Most Gulf central banks follow Fed lead and cut key interest rates

November 7, 2024

By Yomna Ehab and Ahmed Tolba CAIRO/DUBAI (Reuters) – Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve’s decision to…

View Post

View Post

Investing

Capri posts bigger-than-expected drop in quarterly revenue on tepid demand

November 7, 2024

(Reuters) -Versace-parent Capri Holdings (NYSE:CPRI) posted a bigger-than-expected drop in quarterly revenue on Thursday, hurt by execution missteps across brands and a global slowdown in luxury goods demand, sending its…

View Post

View Post

Investing

Fed cuts rates by 0.25% amid ongoing progress against inflation

November 7, 2024

Investing.com — The Federal Reserve cut interest rates by 25 basis points on Thursday as ongoing progress against inflation and signs of slowing labor market continued to support the monetary…

View Post

View Post

Investing

Gold ETF demand turns positive for year-to-date, says WGC

November 7, 2024

(Reuters) – Global physically-backed gold exchange-traded funds (ETFs) saw inflows for the sixth straight month in October, with year-to-date flows turning positive for the first time this year, the World…

View Post

View Post

Investing

WATCH LIVE: Fed Chair Jerome Powell Press Conference

November 7, 2024

Watch Fed Chair Jerome Powell speak live following the FOMC decision to slash interest rates by 25 basis points. This post appeared first on investing.com

View Post

View Post

Investing

Brazil’s Lula to analyze spending cuts of up to $2.6 billion, says local media

November 7, 2024

SAO PAULO (Reuters) – Brazil’s President Luiz Inacio Lula da Silva will analyze two fiscal packages with spending cut measures that would amount up to 15 billion reais ($2.6 billion),…

View Post

View Post

Investing

Why ON Semiconductor is a strong buy despite recent market challenges

ON Semiconductor, the $31 billion chip manufacturer based in Scottsdale, Arizona, has faced significant challenges lately. Despite the broader market momentum, with the S&P 500 index climbing 29% from July…

View Post

Popular Topics

Robinhood attorney, Republican regulators being considered for Trump financial agency short list

Australian lender ANZ’s annual profit misses estimates as competition bites

US rate futures price in more Fed easing in December and 2025

Most Gulf central banks follow Fed lead and cut key interest rates

Capri posts bigger-than-expected drop in quarterly revenue on tepid demand

Fed cuts rates by 0.25% amid ongoing progress against inflation

Gold ETF demand turns positive for year-to-date, says WGC

WATCH LIVE: Fed Chair Jerome Powell Press Conference

Brazil’s Lula to analyze spending cuts of up to $2.6 billion, says local media

Why ON Semiconductor is a strong buy despite recent market challenges