Tag: news

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Stocks Surge on Deregulation Hopes, Banks May Benefit: Morgan Stanley CEO

Bank stocks rise on expectations of deregulation and M&A activity in the Trump era.

Top Life Insurance Providers in the UK

Life insurance provides financial security for your loved ones in the event of your passing. Understand the types of coverage available, including term insurance, whole-of-life insurance, and family income benefit insurance. Choose a provider based on customer reviews, industry ratings, and the coverage that best suits your needs. Factors affecting life insurance costs include age, health, and lifestyle habits.

More Traders Than Expected Are Looking to Sell the Dollar

Traders looking to sell the US dollar are more common than thought, despite the dollar's strength, according to Morgan Stanley. The strategists see catalysts for a dollar sell-off, including inflation data and fiscal negotiations.

Honeywell CEO: Breakup or Portfolio Readjustment?

Honeywell CEO Vimal Kapur discusses plans to transform the company into a growth-oriented one, including a potential split into two independent entities.

U.S. Stocks Continue Growth with S&P 500 Reaching New Highs

US stocks closed higher on Thursday, with the S&P 500 (^GSPC) hitting a fresh record close, as investors digested remarks from President Donald Trump at the World Economic Forum in Davos. The Nasdaq Composite (^IXIC) also ended in the green, recovering from earlier losses. Nvidia (NVDA) shares closed flat after its supplier SK Hynix flagged uncertainty about chip demand this year, weighing on other related stocks throughout the session. Investors remain focused on earnings after Netflix (NFLX) set the stage for next week's Big Tech flurry. Meanwhile, President Trump's Davos speech is in focus for insights into his trade policy.

Costco Shareholders Reject Anti-DEI Proposal

Costco shareholders overwhelmingly rejected a proposal to investigate the business risks of diversity initiatives, highlighting the growing debate over DEI in corporate America. Despite conservative arguments against DEI, companies like Costco and Apple defend their diversity programs as essential for innovation and business success.

Five Point Holdings Reports Q4 Profit of $46.5M

Five Point Holdings LLC reports $46.5 million profit in its fourth quarter, with revenue of $159.8 million.

Trump Rescinds Biden Order on $2 Prescription Drugs

President Trump rolled back a Biden administration executive order aimed at lowering prescription drug prices, potentially scrapping an initiative to make generic drugs available to Medicare patients for $2 per prescription.

Argentina Cuts Soybean and Corn Yield Forecasts Amid Drought, Heat

Argentina Cuts Soy, Corn Crop Estimates on Drought, Heat

CNN to Lay Off 6% of Workforce, Invest $70 Million in Digital Transformation

CNN is laying off 6% of its workforce (around 200 staffers) to invest in its digital transformation, including a new streaming service, website refresh, and focus on digital ads.