Jan 16, 2025 | Markets
Bessent speaks at Senate confirmation hearing for Treasury job Yellen by contrast warned on risks from full extension of cuts Treasury Secretary nominee Scott Bessent warned that the US faces an economic crisis that will hammer middle- and working-class people if the...
Jan 16, 2025 | Markets
UBS investment-bank research unit is underweight on stocks Country may suffer impact from Trump policies, China deflation UBS Group AG is recommending to short India’s rupee and go underweight on the country’s stocks amid slowing economic growth, a trend that could...
Jan 16, 2025 | Markets
Rokt separately agrees to $300 million purchase of mParticle E-commerce group has plans to go public in first half of 2026 E-commerce company Rokt has agreed a secondary share sale with investors including Tiger Global Management at a $3.5 billion valuation, ahead of...
Jan 16, 2025 | Markets
Led by Musk, top 0.1% own biggest share of US wealth on record Biden term saw across-board gains though inflation offset some The very richest Americans are among the biggest winners from President Joe Biden’s time in office, despite his farewell address warning of an...
Jan 16, 2025 | Markets
Economists call for forceful action to reverse price declines GDP deflator forecast to be negative for third straight year China has failed to break a deflationary cycle and is now on track for the longest streak of economy-wide price declines since the 1960s,...
