Tag: future

The strong dollar has boosted major airlines as US travelers head to Europe where their dollar stretches further. United, Delta, and American Airlines have all posted record quarters, with United and Delta hitting all-time highs. The trend is expected to continue as Europe becomes less of a seasonal spot and more of a year-round destination.

Published on: January 24, 2025, 03:00 PM UTC

Euro zone banks need a digital euro to counter Trump's push for dollar-backed stablecoins, ECB board member Piero Cipollone says.

Published on: January 24, 2025, 01:04 PM UTC

Emerging-market currencies gain during the first week of Trump’s second term with a 1.1% climb in the benchmark index for developing-nation currencies as traders relieve fears of a widespread trade war and more hawkish Federal Reserve stance with no new levies on Chinese imports.

Published on: January 24, 2025, 12:04 PM UTC

US stock index futures edged lower on Friday as uncertainty over trade policies and upcoming data weigh on investors.

Published on: January 24, 2025, 12:00 PM UTC

Saudi Arabia's STC seeks board seat at Telefonica, plans to engage in discussions to secure representation.

Published on: January 24, 2025, 11:05 AM UTC

Corporate executives are selling stocks at a record pace while buybacks are at the strongest levels since at least 1999. Is this bullish or bearish for the stock market?

Published on: January 24, 2025, 11:04 AM UTC

US stocks closed higher on Thursday, with the S&P 500 and Dow Jones Industrial Average hitting fresh record highs. Investors welcomed comments from President Donald Trump at the World Economic Forum in Davos, where he indicated a focus on trade and economic policy. Tech stocks, however, faced some headwinds, with Nvidia shares declining after a supplier raised concerns about semiconductor demand. Economic data showed jobless claims increasing slightly, while earnings reports from American Airlines, Electronic Arts, and other companies were mixed.

Published on: January 24, 2025, 11:02 AM UTC

Around 20,000 British residents relocate to the US annually, enticed by higher salaries and lower tax rates. Despite Donald Trump's controversial policies, the US remains an attractive destination for workers and entrepreneurs due to its robust economy and business-friendly environment. However, navigating the US immigration system can be challenging, particularly in the wake of the President's crackdown on immigration. Skilled professionals in the technology sector can expect significant salary increases in the US, while healthcare costs remain a significant expense. The US tax system features progressive tax rates and offers deductions for state taxes, with some states boasting no income tax. However, moving to a state with no income tax may not always shield individuals from state taxes, and expats should consult with professionals to understand the potential tax implications of their move.

Published on: January 24, 2025, 09:03 AM UTC

Italian banking giant Monte Paschi di Siena SpA offers to acquire rival Mediobanca SpA in a €13.3 billion all-share deal, marking the latest twist in a series of takeover attempts involving Italy's banking industry.

Published on: January 24, 2025, 09:01 AM UTC

Boeing (BA) reports preliminary Q4 results, estimates $3.5B operating cash flow loss due to IAM work stoppage, workforce reductions, and defense business changes. Revenue of $15.2B vs. $16.76B estimates; GAAP loss per share of $5.46 vs. estimated $1.32 loss. Pre-tax charges of $1.7B expected in defense and space business.

Published on: January 24, 2025, 06:01 AM UTC