American Finance Insider – Page 836 – Investing and Stock News

WASHINGTON (Reuters) – Cuts in funding for the Internal Revenue Service, long eyed by Republicans in Congress, would increase the federal deficit by $140 billion over a decade, slow service…

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Economy

Companies bolster currency hedges after Trump win as tariffs loom

November 26, 2024

By Laura Matthews and Saqib Iqbal Ahmed NEW YORK (Reuters) – Multinational companies are beefing up their foreign exchange hedging strategies to guard their overseas earnings from larger currency swings…

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Editor's Pick

Fed cites economic volatility, uncertainty as reasons to go slow on rate cuts

November 26, 2024

By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut interest rates, but as a…

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Editor's Pick

Former hedge fund manager Tilson enters race for New York City mayor

November 26, 2024

By Svea Herbst-Bayliss NEW YORK (Reuters) – Investor Whitney Tilson, who often pushed corporations to perform better for shareholders and employees while running a New York-based hedge fund, has entered…

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Editor's Pick

Fed members back gradual rate cuts should economy evolve as expected: Fed Minutes

November 26, 2024

nvesting.com – Fed members continued to support rate cuts should economic data come in as expected, but many Fed members expressed that uncertainty over neutral rate warrants a gradual approach…

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Editor's Pick

IRS funding cut would increase US deficit, slow service

November 26, 2024

WASHINGTON (Reuters) – Cuts in funding for the Internal Revenue Service, long eyed by Republicans in Congress, would increase the federal deficit by $140 billion over a decade, slow service…

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Editor's Pick

Companies bolster currency hedges after Trump win as tariffs loom

November 26, 2024

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Investing

Walmart amends DEI policy: why it matters, and why are companies becoming less ‘woke’?

Walmart, the world’s largest retailer, announced significant changes to its diversity, equity, and inclusion (DEI) initiatives, reflecting a growing trend among corporations to retreat from such programs under conservative scrutiny.…

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Investing

Kohl’s incoming CEO has a tough road ahead. Here’s why

Kohl’s Corp (NYSE: KSS) is in focus this morning after naming Ashley Buchanan its new chief executive. Buchanan, who has most recently served in a similar role at the Michaels…

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Investing

Stellantis to close Luton van factory in UK owing to country’s strict EV mandate

Stellantis NV, owner of the Vauxhall brand, has announced plans to close its van manufacturing plant in Luton, England. The move comes as the automaker faces mounting pressure from the…

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