Tag: government

Asian stocks fall as concerns over US geopolitical priorities cast a shadow on risk appetite, prompting investors to seek havens like the Japanese yen.

Published on: February 20, 2025, 06:00 AM UTC

Billionaire investor Bill Ackman plans to create the next Berkshire Hathaway by acquiring Howard Hughes. Pershing Square, Ackman's firm, raised its takeover offer to $90 per share. The move comes after Ackman hinted at a major announcement, causing Howard Hughes shares to surge. Ackman aims to emulate Warren Buffett's strategy of acquiring controlling interests in operating companies. However, analysts are skeptical as the offer falls short of Howard Hughes' net asset value.

Published on: February 20, 2025, 02:00 AM UTC

UK inflation rose to a 10-month high of 3% in January, above the Bank of England's target of 2%. The increase was driven by higher airfares, food costs, and private school fees. Economists had anticipated an increase to 2.8%.

Published on: February 19, 2025, 08:00 AM UTC

Uber has moved to a zero-commission model for its autorickshaw drivers in India and will instead charge them a subscription fee, mirroring a strategy followed by local rivals as competition intensifies.

Published on: February 18, 2025, 03:00 PM UTC

Investor confidence in Germany's economy has surged, reaching its highest level in two years. The upcoming elections and potential interest rate cuts are contributing to this optimistic outlook.

Published on: February 18, 2025, 01:01 PM UTC

Despite a hotter-than-expected inflation report, the Federal Reserve remains hesitant to cut interest rates, putting President Trump on a potential collision course with the Fed.

Published on: February 17, 2025, 02:02 PM UTC

Despite headwinds facing the stock market, such as inflation, rising interest rates, and geopolitical events, history has shown that the economy and stock market can flourish amidst challenges. This can be explained by the Latin phrase "ceteris paribus," meaning all else equal. Analysts use this caveat to examine the effects of a variable assuming nothing else is changing. However, in reality, multiple factors can influence outcomes. Recent data and macroeconomic developments indicate continued economic growth, positive demand for goods and services, and a Fed focused on supporting the labor market. While sentiment-oriented data has been weak, hard economic data remains strong. Analysts expect the U.S. stock market to outperform the economy due to positive operating leverage, resulting from cost structure adjustments. However, investors should remain vigilant to risks and market volatility, recognizing that economic recessions and bear markets are part of long-term investing.

Published on: February 17, 2025, 02:01 PM UTC

Japan's economy grew at an annualized 2.8% pace in Q4 2023, above forecasts and keeping the BOJ on track for further rate hikes. Net exports and business spending fueled growth, while private consumption rose but slowed from the previous quarter.

Published on: February 17, 2025, 02:00 AM UTC

JPMorgan Chase expects criticism for business practices, including diversity, equity and inclusion (DEI).

Published on: February 15, 2025, 12:00 AM UTC

Airbnb (ABNB) stock surged 14% after CEO Chesky unveiled plans to expand the app beyond vacation rentals, adding new businesses adjacent to travel.

Published on: February 14, 2025, 11:01 PM UTC