Democrats' favorite Wall Street firm hedges its political bets with Trump hire
Reince Priebus, a Republican operative who served as Donald Trump’s first White House chief of staff, will join Centerview Partners as corporate America shifts rightward.
'Big Three' US airline stocks tumble as forecast cuts spook investors
(Reuters) -Shares of the "Big Three" U.S. carriers slumped in premarket trading on Tuesday after disappointing forecast adjustments from Delta Air Lines and American Airlines sparked concerns about the impact of a slowing economy on travel demand. Delta Air Lines fell 6.4% in premarket trading after the legacy carrier slashed its first-quarter profit forecast, while American Airlines lost 3% following expectations of a wider loss. Peer United Airlines was also down 3%.
Gold Rebounds as Investors Take Stock of Outlook for US, Tariffs
(Bloomberg) -- Gold climbed — regaining a small foothold above $2,900 an ounce — as a global selloff that rattled Wall Street lost momentum even as investors remained concerned about the outlook for the US economy.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not
Central Europe's economies face risks from slowing trade, tariffs, IMF warns
Central Europe's export-dependent economies face risks from slowing world trade growth and tariff threats, which could be mitigated with reforms and the removal of remaining trade barriers in the EU, the International Monetary Fund said. Central European nations are among the European Union's most reliant on foreign trade, with exports as a share of output ranging from 92% in Slovakia to 69% in the Czech Republic, based on 2023 Eurostat data, with only Romania's 39% below the bloc's average. U.S. President Donald Trump's plan to impose 25% tariffs on imports from the bloc is likely to hurt growth in the export-oriented region, though Poland, the region's largest economy, is seen less exposed, S&P Global said last week.
Dogecoin, Ether Slump 9% as Bitcoin Tumble Leads to $700M in Bullish Liquidations
Leveraged traders betting on a rally got torched with BTC bulls losing $420 million, ETH longs saw $150 million in liquidations.
Canada Stocks on Track to Beat US for Longest Stretch Since 2022
(Bloomberg) -- There’s at least one area where Canada is more than holding its own as the trade spat with US President Donald Trump grows increasingly tense — the stock market.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers D
Ripple (XRP) Has Soared 15,000%. Can It Make You a Millionaire After Becoming the World's Fourth-Largest Cryptocurrency?
The winds of change within the U.S. government are blowing in favor of cryptocurrencies.
Leveraged ETFs Tied to Strategy See Trading Volume Surge as Bitcoin-HODLer MSTR Teeters on 200-Day Average
Volume in both leveraged long and short ETFs has increased sharply.
Chinese Stocks Notch Best NPC Gain in Seven Years on Tech Boost
(Bloomberg) -- Chinese shares just posted their best performance during a National People’s Congress since 2018. Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroWhile the MSCI China Index initially dec
Patient Monitoring Stocks Q4 Results: Benchmarking ResMed (NYSE:RMD)
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how ResMed (NYSE:RMD) and the rest of the patient monitoring stocks fared in Q4.