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Recent Posts

  • BlackRock’s Fink sees trillions of dollars idle as volatility persists
    May 13, 2025
  • Explainer-What has Trump said about cutting drug prices?
    May 13, 2025
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    May 13, 2025
  • November 26, 2024

Fed minutes may show start of debate over how far to go on rate cuts

By Howard Schneider WASHINGTON (Reuters) - Federal Reserve officials say they are likely to keep reducing interest rates for now, and investors still expect them to do so at the...

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  • November 26, 2024

Trump eyes handing CFTC oversight of crypto: Report

Donald Trump's team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC.

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  • November 26, 2024

Big victory in Tornado Cash case as judge says OFAC exceeded authority

A US appeals court said Treasury’s OFAC “overstepped” when it sanctioned Tornado Cash’s immutable smart contracts, leading to a nearly 900% surge in TORN.

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  • November 26, 2024

BofA raises 2025 year-end S&P 500 target to 6666

Bank of America (BofA) introduced a 2025 year-end price target of 6666, a figure which, if achieved, would mark an extraordinary tenfold rally from the market lows...

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  • November 26, 2024

Factbox-US companies tweak diversity policies as challenges mount

(Reuters) - Walmart (NYSE:WMT) became the latest U.S. company to cut back some diversity, equity, and inclusion (DEI) programs meant to boost racial and ethnic representation at...

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  • November 26, 2024

Avolta stock falls on Barclays downgrade

Shares of Avolta AG (SIX:AVOL) dropped 8% on Tuesday after Barclays (LON:BARC) analysts downgraded the stock to “underweight” from “overweight,” citing a...

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  • November 26, 2024

Deutsche Bank forecasts S&P 500 to hit 7000 by end of 2025

Deutsche Bank (ETR:DBKGn) set a new target for the S&P 500, predicting the benchmark index will reach 7000 by the end of 2025. Jim Reid, Head of Global Economics and Thematic...

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  • November 26, 2024

Macquarie fined $16 million in UK over more than 400 fictitious trades

LONDON (Reuters) -The London branch of Australia's Macquarie Bank has been fined 13 million pounds ($16 million) for "serious failings" after an employee recorded more than 400...

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  • November 26, 2024

India stocks lower at close of trade; Nifty 50 down 0.12%

– India stocks were lower after the close on Tuesday, as losses in the Power, Auto and Oil & Gas sectors led shares lower. At the close in NSE, the Nifty 50 fell...

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  • November 26, 2024

Fortress eyes Seven & i's supermarket operations, TV Tokyo says

TOKYO (Reuters) - Fortress Investment Group is considering buying an intermediate holding company that has the Ito-Yokado supermarket chain under its wing from Seven & i...

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