Fed Meeting Today: Rate Cut, Powell Speech, and What Else to Expect
The Federal Reserve won’t alter its policy path on Thursday based on the recent election results, and is all but set to deliver a quarter-point interest-rate cut. The focus will be on what happens at ...
Stock Market News: Dow Set to Open Higher in Wake of Trump's Victory
The selloff in U.S. Treasuries Wednesday leaves them attractive at these yield levels, Pepperstone's Michael Brown said in a note. Two-year Treasury notes in particular, trading at 4.25% are looking ...
South Korea President Says 'Not Ruling Out' Direct Weapons To Ukraine
Major arms exporter South Korea is not ruling out providing weapons directly to Ukraine, President Yoon Suk Yeol said ...
Collecting Dividends Is Nice. This Investment Strategy Is Even Better.
Meb Faber, of Cambria Investments, champions shareholder yield, a winning investment approach that focuses on dividends, ...
U.S. Election Unlikely to Change China's Goal of Economic Growth
The U.S. election result is unlikely to change Chinese policymakers' goal of economic growth as well as putting a floor under prices, Goldman Sachs economists wrote in a note. The NPC standing ...
Dollar Pulls Back Ahead of Expected Fed Rate Cut
The dollar was falling ahead of the Federal Reserve's policy decision later today as the central bank is expected to cut interest rates by 25 basis points. The currency rose after Donald Trump's ...
Trump's Win Is a Net Positive for Aerospace and Defense Stocks
The election of Donald Trump as U.S. president is a net positive result for the aerospace and defense sector, RBC Capital Markets Ken Herbert said. U.S. defense spending and support for U.S. defense ...
U.S. Stocks Set to Extend the Trump Rally. Now the Fed’s In the Hot Seat.
Will the Federal Reserve pour cold water on the rally? That’s the question after historic gains in the U.S. stock market following Donald Trump’s victory in the presidential election. The Fed’s ...
Nippon Steel Says Expects To Close US Steel Takeover By End Of 2024
Japan's Nippon Steel said on Thursday that it still expects to close its takeover of US Steel this year, despite opposition from both President Joe Biden and president-elect Donald Trump.
Japanese Stocks Close Lower on Likely Position Adjustments Before Fed Decision
Japan's Nikkei Stock Average edged 0.25% lower to close at 39381.41 in likely position adjustments by investors before the U.S. Federal Reserve announces its interest-rate decision later today.
Chinese Stocks Close Higher Amid Expectations for Aggressive Stimulus
Chinese shares ended higher, supported gains in brokers and insurance stocks as investors priced in expectations for an aggressive stimulus package from the upcoming NPC meeting on Friday. Market ...
Atletico Stun PSG In Champions League With Last-gasp Correa Winner
Substitute Angel Correa scored a dramatic winner with the last kick of the game as Atletico Madrid snatched a 2-1 victory ...