Heard on the Street Wednesday Recap: Rate-Cut Hopes Inflate
Who says you can't ring in the New Year 15 days late? Stocks jumped across the board on Wednesday thanks to a strong mix of big-bank earnings, revived hopes for interest-rate cuts and even a [dash of ...
Stellantis Car Deliveries Weighed by U.S. Inventory Cuts
Stellantis vehicle deliveries fell 9% in the fourth quarter of 2024 as the Jeep and Ram-maker took action to reduce excess ...
Ackman’s Pershing Square Moves to Kick Off Universal Music U.S. Listing Plan
The record label behind Taylor Swift plans to launch a U.S. offering of some shares owned Bill Ackman’s Pershing Square, as ...
KKR Could Support Founding Family in Seven & i Buyout Bid
Private-equity firm KKR is considering joining the founding family of Seven & i to privatize the Japanese-listed entity, a ...
Taylor Wimpey Operating Profit in Line With Views
The housebuilder said it entered the new year with a strong order book and land position, as it backed its operating profit ...
Antofagasta Backs 2025 Targets Despite Copper Production Miss Last Year
The miner’s copper production came in below company expectations last year but the company backed its 2025 guidance.
Germany’s Economy Contracts for Second Straight Year as Tariff Threat Looms
The weakness underlines the challenge that will face a new government in Berlin following elections in February, including ...
Jeff Bezos’ Space Ambitions Take Flight as New Rocket Blasts Off
After years of delays, the billionaire’s Blue Origin space company launched its New Glenn rocket early Thursday.
U.S. Treasury Market Seen as Best Option for International Bond Investors
Even if the market is becoming more sceptical of U.S. government debt, an unbridled selloff of Treasurys is unlikely, DZ Bank Research said.
U.K. Economy Returns to Growth, But Faces Uncertain Outlook
GDP was 0.1% higher in November than it was in October, but that is unlikely to mark the start of a recovery that will be ...
Cartier Owner Richemont Posts Highest Ever Quarterly Sales Despite Luxury Downturn
Richemont reported better-than-expected sales for its fiscal third quarter, in the midst of a downward trend in demand for ...