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Economy

Euro zone industry did not fall in Oct but recovery not in sight

FRANKFURT (Reuters) – Euro zone industrial production was unchanged in October from the previous month, outperforming expectations of a slight fall, but…
Economy

Bundesbank cuts Germany growth outlook for 2024 and 2025

The Bundesbank has significantly lowered its growth forecasts for Germany’s economy, projecting a contraction of 0.2% in 2024, a stark revision from…
Economy

Morning Bid: Wall St near records as central banks end 2024 with rate cuts

A look at the day ahead in U.S. and global markets by Samuel Indyk The stellar year for U.S. stock markets took…
Economy

US data has Fed striding toward rate cut next week, and tip-toeing into 2025

By Howard Schneider WASHINGTON (Reuters) – Investors view it as a near given that the U.S. Federal Reserve will cut interest rates…
Stock

T-Mobile announces $14 billion buyback

(Reuters) -Telecom giant T-Mobile unveiled a $14 billion share buyback on Friday. The company in September had announced its plans to return…
Stock

Trump’s deportations could shake up the restaurant industry, but Wall Street isn’t worried

By Waylon Cunningham (Reuters) – Sweeping deportations pledged by President-elect Donald Trump could pose an economic shock for the restaurant industry in…
Stock

Broadcom rallies on forecast for booming AI chip demand

(Reuters) – Shares of Broadcom (NASDAQ:AVGO) soared 14% on Friday, with the chipmaker moving closer to $1 trillion in market value after…
Stock

China’s credit growth slows despite stimulus efforts

In a surprising turn of events, China’s credit expansion in November did not meet expectations, signaling a weaker demand for financing despite…
Investing

Is the Delta Air Lines stock a buy near its all-time high?

Delta Air Lines stock price has done well this year, and is hovering near its all-time high of $67.45 as the aviation…
Investing

Up 365% in 2024, what next for the Zip share price?

Zip share price has done well this year, rising by over 365%, and making it one of the best-performing companies in Australia….
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