Tag: science

Morgan Stanley CEO predicts M&A activity will increase under Trump's deregulatory wave, benefiting energy, financial, and retail companies. Banks have seen a post-election upswing, with Morgan Stanley up 17%.

Published on: January 24, 2025, 03:02 PM UTC

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

Vanguard nears dethroning State Street as world's largest ETF provider as VOO inflows surge, driven by cost-conscious investors and advisors seeking long-term returns and low fees.

Published on: January 24, 2025, 02:04 PM UTC

OPEC+ has yet to respond to President Trump's call for lower oil prices, citing plans to increase output from April. Despite rising prices, OPEC+ maintains its focus on long-term market stability.

Published on: January 24, 2025, 01:00 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

President Trump reverses Biden's executive order on prescription drug prices, including a proposed $2 generic drug list for Medicare patients.

Published on: January 24, 2025, 11:03 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

Monte dei Paschi di Siena launches €13.3 billion all-share buyout offer for Mediobanca

Published on: January 24, 2025, 08:00 AM UTC

Bank of Japan Raises Key Interest Rate to About 0.5%, Citing Wage Growth, Inflation

Published on: January 24, 2025, 04:03 AM UTC

Japan's inflation hits 3%, supporting the case for a rate hike by the Bank of Japan. The inflation increase is driven by higher energy costs and is expected to continue despite an anticipated rate hike.

Published on: January 24, 2025, 02:01 AM UTC