Economy Financial News

04.01 / 15:37

markets Strategy economy wellness Trade War Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500

Billionaire investor Ken Griffin's various hedge fund strategies all posted double-digit returns for 2023, but they failed to beat the S&P 500.

04.01 / 15:24

markets Reuters economy pandemic show reports Department Low Weekly jobless claims Weekly US jobless claims at two-month low; labor market gradually easing

By Lucia Mutikani

04.01 / 15:15

markets FIVE Fighting economy Deloitte reports Interest rate cuts could come in spring this year, Deloitte says

Deloitte Canada says the Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring.

04.01 / 14:42

Action economy Forbes Browser innovations Podcasts China Stress-Tests Global Economy At Moment Of Maximum Anxiety

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04.01 / 14:32

markets UPS Manufacturing economy Trade information reports US Dollar Index Approaches Resistance Zone Ahead of Key Data: How to Trade It

The US dollar is under pressure as the pound, and euro attempt a recovery, raising doubts about its upward trajectory.

04.01 / 14:07

markets Strategy economy Parke ADP reports Schools Private sector job growth rises more than expected in December: ADP

BNY Mellon Wealth Management head of equities Alicia Levine and Simplify Asset Management chief strategist Mike Green discuss whether the Fed's inflation strategy is working on 'Making Money.'

04.01 / 14:05

FIVE security economy Election country 2024 UK PM Rishi Sunak eyes 'second half' of 2024 for election

Britain will likely go to the polls in the last six months of this year, Prime Minister Rishi Sunak indicated Thursday, as speculation mounts about the date of the vote. Sunak, whose Conservative party has been in power since 2010, has until the end of January 2025 to call a much-anticipated general election.

04.01 / 13:27

UPS FIVE Fighting economy Deloitte reports Interviews Live news: Bank of Canada to cut rates this spring, Deloitte says

The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, Deloitte Canada says.

04.01 / 12:33

COST UPS economy Tesla strain Tesla Power India launches refurbished battery brand ReStore

Tesla Power India today announced the launch of ReStore, which it said is India's first and foremost refurbished battery brand. The company is planning to launch 5000 «ReStore Battery Refurbishing Centers» in India by 2025 (500 of which are already operational). The company said that its proprietary EBEP technology significantly extends the lifespan of all types of Lead acid batteries, including tall tubular inverter batteries and UPS VRLA batteries, offering a cost-effective solution that can extend the battery's life by 1 to 2 years by refurbishing them.

04.01 / 12:21

UPS Fox economy Dreams pandemic show Mortgage demand plummets again despite drop in interest rates

FOX Business correspondent Madison Alworth shares why for many first-time homebuyers, the American dream is delayed as a result of high mortgage rates and home prices on 'Varney and Co.'

04.01 / 12:02

UPS economy President testing donates BAE Systems signs US Army deal for M777 gun structures

LONDON (Reuters) -BAE Systems said it would restart the production of structures for its M777 lightweight howitzer after it signed an initial deal worth up to $50 million with the U.S. army for the weapon, which has been donated to Ukraine.

04.01 / 12:00

Platform economy country Ukraine's total export value fell 18.7% in 2023, to lowest in a decade - economy minister

(Reuters) — Ukraine's export value fell 18.7% in 2023 compared with 2022, totalling $35.8 billion, the lowest figure recorded in a decade, the country's Economy Minister Yulia Svyrydenko said on Thursday.

04.01 / 11:41

Citi economy Citigroup Trade reports Citi strategists see near-term risk in European stocks

Bulls are piling into European stocks, creating near-term risks after a strong rally in the fourth quarter, according to Citigroup Inc. strategists.

04.01 / 11:40

UPS Action Strategy economy country rights 2024 Investing in transition finance set to be a big factor in 2024

“Transition finance” is shaping up to be one of the new year’s most important subjects for anyone professing to care about the climate crisis.

04.01 / 11:38

Extreme CEO economy country consequences Videos Interviews Morgan Stanley chair thinks proposed bank rules will be ‘wound back’

New banking rules proposed last year by US regulators were “extremely aggressive” and are likely to be “materially wound back” before being put in place, Morgan Stanley Chairman James Gorman said.

04.01 / 11:37

UPS Gap economy Allianz trends President 2020 Rates, inflation still enough to keep would-be investors on the sidelines

The start of a new year often has a feeling of renewal and optimism about it, but when the challenges of the previous year remain, this can be a hard state to achieve.

04.01 / 10:13

CEO Analysis economy CAT blues reports Fat Cat Thursday: UK CEO pay already exceeds average worker salary for the year

The average FTSE 100 CEO will have earned more this year than the median full-time worker's annual salary by 1 p.m. London time on Thursday, according to estimates from the High Pay Centre think tank.

04.01 / 09:58

Provident Manufacturing economy CME show reports Headlines Dollar eases as Fed minutes offer few clues on rate cuts timeline

By Joice Alves and Rae Wee

04.01 / 09:56

UPS economy Boeing Election show end UK service firms end 2023 on a high - PMI survey

LONDON (Reuters) — Britain's services firms grew more strongly in December than initially thought and optimism hit a seven-month high, according to a survey that will be welcome news for Prime Minister Rishi Sunak who is expected to hold an election later this year.

04.01 / 09:54

Provident Manufacturing economy Trade show track reports Dollar edges lower, handing back recent gains ahead of jobless data

Investing.com — The U.S. dollar retreated from the previous session’s three-week peak in early European trade Thursday as traders digested the minutes of the Federal Reserve’s December meeting ahead of weekly jobless data.

04.01 / 09:54

UPS Provident economy Trade reports inflation data European stocks edge higher; inflation data in focus

Investing.com — European stock markets rose Thursday, rebounding after recent losses as investors digested regional inflation data and the outlook for central bank rate cuts.

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