Bill Ackman Says Biden Is Past His ‘Peak’ and Should Drop His 2024 Campaign
Billionaire investor Bill Ackman said President Joe Biden risks tarnishing his political reputation by seeking a second term
2023-11-29 23:25
Treasury ‘Melt Up’ Grows as Bond Traders Price Fed Cut by May
Bond traders ramped up their bets on an abrupt end to the Federal Reserve’s tightening cycle, pricing in
2023-11-29 23:15
Elliott Has $1 Billion Phillips 66 Stake, Seeks Board Seats
Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push
2023-11-29 22:26
US Economy Grew 5.2% in Third Quarter, More Than First Estimated
The US economy grew at an even faster pace in the third quarter than originally estimated, reflecting upward
2023-11-29 22:24
Milei Announces Luis Caputo as Argentina’s Economy Minister
President-elect Javier Milei let slip his choice of economy minister during a radio interview Wednesday morning, saying that
2023-11-29 21:53
Bill Ackman Bets Fed Will Cut Interest Rates as Soon as First Quarter
Billionaire investor Bill Ackman is betting the Federal Reserve will begin cutting interest rates sooner than markets are
2023-11-29 21:52
US third-quarter economic growth revised up to 5.2%
WASHINGTON The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have
2023-11-29 21:45
Gucci workers mount historic strike in protest against relocation of design studio
In the first walk-out to hit the high-fashion empire in its 102-year history, scores of Gucci employees have gone on strike in protest against plans to relocate a huge part of its design studio team from Rome to Milan.
2023-11-29 21:22
GM to Hike Dividend, Buy Back $10 Billion of Stock to Stem Slump
General Motors Co. will boost its dividend by 33% and implement a $10 billion share buyback program in
2023-11-29 19:51
Sibanye Cuts US Jobs to Lower Costs After Palladium Slumps
Sibanye Stillwater Ltd. plans to cut jobs at its US platinum-group metals operations to lower costs, after palladium
2023-11-29 19:50
Global ESG Market Shrinks After Sizable Drop in US
A US retreat has resulted in an overall decline in the global market for ESG investing. That’s according
2023-11-29 19:19
Germany faces 'high double-digit billion' gap in 2024 budget -SPD politician
BERLIN The German government must fill a "high double-digit billion" gap in the 2024 budget after a court
2023-11-29 19:16