Goldman Sachs raises 2024 GDP growth forecast to 2.3%
(Reuters) – Goldman Sachs raised its 2024 U.S. GDP growth forecast to 2.3% from 2.1% expected earlier. “We expect much…
China, Switzerland sign declaration with view to expanding trade
GENEVA (Reuters) – China and Switzerland signed a joint declaration on Monday agreeing to deepen their partnership after Premier Li…
Taiwan election a relief for world markets, concern for local investors
By Tom Westbrook and Ankur Banerjee SINGAPORE (Reuters) -Taiwan’s election could allay global concerns about the island’s relations with China,…
Red Sea tensions put focus on struggling U.S. energy stocks
By Lewis Krauskopf NEW YORK (Reuters) -A recent rally that has boosted nearly every corner of the U.S. stock market…
Blizzard strikes US Midwest, cancelling flights and disrupting presidential campaign
By Brendan O’Brien and Rich McKay CHICAGO (Reuters) -Tens of millions of Americans were in the pathway of dangerous and…
Biden: US does not support Taiwan independence
By Steve Holland, Nandita Bose and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden said on Saturday the United States…
US FAA extends Boeing MAX 9 grounding for new safety checks
By David Shepardson and Allison Lampert WASHINGTON (Reuters) – The U.S. aviation regulator on Friday extended the grounding of Boeing…
Wells Fargo warns of lower interest income in 2024, shares drop
By Noor Zainab Hussain, Manya Saini and Carolina Mandl (Reuters) -Wells Fargo on Friday posted higher fourth-quarter profit, beating analysts’…
Microsoft edges out Apple as world’s most valuable company
By Noel Randewich (Reuters) – Microsoft’s stock market value ended a trading session higher than Apple’s for the first time…
US stock investors splurge on cheap options hedges with VIX near four-year lows
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders on Friday piled into U.S. stock options contracts that would pay…