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Category: Economy

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Latest News (22464 articles)

Economy Bloomberg
91d ago
S&P 500, Nasdaq 100 Advance as AI-Fueled Tech-Stock Rout Eases

US stocks started to rebound on Friday as dip buyers capitalized on the artificial intelligence-fueled plunge in technology stocks.

The S&P 500 and Nasdaq 100 indices have seen a rebound in US stocks as â€Ļ High (80%)
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Bloomberg Neutral
Economy Bloomberg
91d ago
Expect Broadening Out in Labor Demand: Watt

UBS US Economist Abigail Watt sees US unemployment peaking at 4.6% by June, then a normalization through a broadening out â€Ļ

UBS US Economist Abigail Watt expects US unemployment to peak at 4.6% by June, followed â€Ļ High (80%)
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Bloomberg Neutral
Economy Bloomberg
91d ago
ECB Will Focus on Strong Domestic Resilience: Kumra

Pooja Kumra, European and UK Rates Senior Strategist at TD Securities, says while there are downside risks to Europe inflation, â€Ļ

The ECB is expected to focus on the resilience of the EU economy despite downside â€Ļ High (80%)
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Bloomberg Neutral
Economy Bloomberg
91d ago
UBS Loses Two Bulls as Analysts Turn Most Bearish Since 2017

UBS Group AG was downgraded by a pair of analysts on Friday as shares head for their worst week in â€Ļ

UBS Group AG has been downgraded by two analysts, contributing to bearish sentiment as shares â€Ļ High (90%)
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Bloomberg Neutral
Economy Bloomberg
91d ago
Virtus Agrees to Buy Congo Cobalt Miner Amid US Pact

A firm headed by veterans of the US military and intelligence services has agreed to buy Chemaf SA, a troubled â€Ļ

Virtus, a US-based firm, has agreed to acquire Chemaf SA, a Congolese copper and cobalt â€Ļ High (90%)
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$COPPER
Bloomberg Neutral
Economy Bloomberg
91d ago
ECB Calls for Urgent Action From EU Leaders to Unlock Growth

The European Central Bank told EU leaders to take “urgent collective action” to strengthen the economy, outlining five key measures â€Ļ

The European Central Bank urges EU leaders to take immediate action to boost economic growth, â€Ļ High (80%)
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Bloomberg Neutral
Economy Bloomberg
91d ago
Stellantis Shares Plummet on Massive EV Reset Charges

Stellantis NV is taking charges totaling more than â‚Ŧ22 billion ($26 billion) mainly linked to reversing course on its electric â€Ļ

Stellantis is taking massive â‚Ŧ22 billion charges due to reversing its electric vehicle strategy, leading â€Ļ High (90%)
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Bloomberg Neutral
Economy Bloomberg
91d ago
What kind of Fed chair will Kevin Warsh be?

If Kevin Warsh becomes Fed chair there could be major market implications. How will Trump's nomination balance independence with politics? â€Ļ

Kevin Warsh's potential nomination as Fed chair may have significant market implications, with concerns about â€Ļ Medium (65%)
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Bloomberg Neutral
Economy Bloomberg
91d ago
TPG Seals $3.5 Billion Deal for Power Infra Firm Sabre

TPG Inc. has struck a deal to acquire a majority stake in Sabre Industries, one of the largest providers of â€Ļ

TPG Inc. has acquired a majority stake in Sabre Industries, a leading provider of critical â€Ļ High (90%)
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Bloomberg Neutral
Economy Bloomberg
91d ago
Mandelson's Fall May Topple Starmer Says Adrian Wooldridge

The challenges for Prime Minister Keir Starmer are piling up. He now faces another blow to his leadership, as further â€Ļ

The potential fall of Peter Mandelson may impact UK Prime Minister Keir Starmer's leadership, with â€Ļ High (70%)
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Bloomberg Neutral
Economy Bloomberg
91d ago
Novo’s Stratospheric Rise Has Turned Into a $460 Billion Wipeout

Just last month, Novo Nordisk A/S shares seemed to be turning a corner. Analysts were optimistic about the pill version â€Ļ

Novo Nordisk's stock price has plummeted by $460 billion, reversing its previous upward trend, amidst â€Ļ High (90%)
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Bloomberg Neutral
Economy Bloomberg
91d ago
Goldman, JPMorgan Bankers See Bonus Pools Rise at Least 10%

JPMorgan Chase & Co., Goldman Sachs Group Inc. and Bank of America Corp. boosted their bonus pools for bankers and â€Ļ

Major banks such as Goldman Sachs and JPMorgan Chase have increased their bonus pools for â€Ļ High (90%)
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Bloomberg Neutral

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