By Naomi Rovnick LONDON (Reuters) – Big global investors are exiting popular trades that bet on US President-elect Donald Trump’s tax and tariff policies boosting Wall Street and wreaking damage abroad and swooping in on some of the Nov. 5 election’s biggest market victims. After US stocks and the dollar bounced on Trump’s growth agenda and trade war fears pressured Chinese, European and emerging market assets, money managers are hunting
By Margaryta Chornokondratenko and Yurii KovalenkoBUCHA, Ukraine (Reuters) – On her way to hospital to give birth to her fourth child nearly three… Source link
Jose Siri, #26 of Major League Baseball’s Houston Astros, steals second base as Dansby Swanson, #7 of the Atlanta Braves, is unable to handle the throw from Travis d’Arnaud, #16, in the eighth inning during Game 3 of the 2021 World Series at Truist Park in Atlanta on Oct. 29, 2021. Daniel Shirey | Major League Baseball | Getty Images Diamond Sports moved closer to exiting bankruptcy on Thursday after
The new Department of Government Efficiency, a group created by President-elect Donald Trump with the task of identifying ways to cut federal spending and headed by billionaires Elon Musk and Vivek Ramaswamy, is already taking resumes. The request for job applicants was posted Thursday by the new X account for DOGE, which despite its heady mission isn’t an official government department. In his statement on Tuesday announcing the effort, Trump
A worker delivers Amazon packages in San Francisco on Oct. 24, 2024. David Paul Morris | Bloomberg | Getty Images Amazon on Thursday announced Prime members can access new fixed pricing for treatment of conditions like erectile dysfunction and men’s hair loss, its latest effort to compete with other direct-to-consumer marketplaces such as Hims & Hers Health and Ro. Shares of Hims & Hers closed down more than 24% on
JUST IN: $2.8 trillion asset manager Goldman Sachs discloses $710 million Bitcoin ETF holdings. @WatcherGuru
Mortgage rates have been trending downward. If you’re looking to refinance, you’ll want to consider what repayment term will be most beneficial. Source link
LONDON (Reuters) -The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump’s U.S. election win raises the prospect of a hike in tariffs that could deal a fresh blow to the euro zone economy. At around $1.05, the euro has slumped 6% from more than one-year highs in September when a weakening economic outlook stopped it in its tracks. Euro/dollar is the
European natural-gas prices continued to hover around their highest level this year on stronger demand and concerns over Russian flow disruptions. Source link
In the week since his reelection, the former and now future president has named a number of individuals he intends to nominate to cabinet and other positions, including Robert F. Kennedy Jr. to the Department of Health and Human Services, Representative Matt Gaetz to be the U.S. Attorney General, Senator Marco Rubio to be Secretary of State and former Representative Tulsi Gabbard to be the Director of National Intelligence. Source
