By Marcela Ayres BRASILIA (Reuters) – After months of rancor, ties between President Luiz Inacio Lula da Silva and Brazil’s central bank look poised for an era of sweetness and light – which is precisely what worries some investors. Gabriel Galipolo, 42, is set to take the reins at the bank on Wednesday. The former … Read more
https://www.tipranks.com/news/company-announcements/power-solutions-uplists-to-nasdaq-for-growth Power Solutions ( (PSIX) ) has provided an announcement. Power Solutions International, Inc. announced its uplisting to the Nasdaq Stock Market, where its common stock will trade under the symbol PSIX. This move is expected to enhance the company’s visibility, attract more investors, and increase liquidity. The uplisting is a significant milestone reflecting PSI’s … Read more
Wall Street retreated in light premarket trading Monday as the year draws to a close lacking the euphoria that pushed markets to record highs in 2024. Futures for the S&P 500 slipped 0.4% before the bell, while futures for the Dow Jones Industrial Average fell 0.3%. South Korea’s Kospi dropped 0.2% to 2,399.49 and shares … Read more
A broadcast of Fed Chair Jerome Powell plays on the floor of the New York Stock Exchange. – Michael Nagle/Bloomberg News I started out the year arguing that there’s no bubble in artificial-intelligence stocks. I’ve ended it concerned about froth after anything AI-related soared in price and the market as a whole reached dizzying heights. … Read more
Check back for updates throughout the trading day U.S. equity futures edged lower in early Monday trading as investors pared risk into the final two trading days of the year amid elevated Treasury bond yields and interest rate risks. Stocks ended sharply lower on Friday, with megacap tech names leading the three major indexes into … Read more
South Korean stocks ended 2024 sharply lower.Daniel Ceng/Anadolu/Getty Images South Korea’s key market index fell nearly 10% in 2024 amid political turmoil and a plane crash. The Kospi index’s sharp decline in 2024 contrasts with a 19% rise in 2023. Jeju Air shares just hit a record low after a plane crash, adding to market … Read more
A money market account (MMA) can be an attractive option for savers who want a safe place to store their funds. MMAs often come with higher interest rates than regular savings accounts, allowing your money to grow more quickly. Plus, they typically include features like check-writing privileges and debit cards, which make it easy to … Read more
Photo: Alexander Spatari (Getty Images) Renters across the U.S. faced an extremely competitive market this year, with high occupancy rates and lease renewals leaving renters with limited options. RentCafe’s year-end report for 2024 shows a market with a short window for renters to snap up units and several people often vying for the same place. … Read more
Chinese tech giant Huawei Technologies has slashed prices for a range of high-end handsets in new efforts to boost sales amid cutthroat competition in the world’s biggest smartphone market. The company reduced the price of its top-of-the-line Pura 70 Ultra device, launched in April, to 8,999 yuan (US$1,233) for the 1 terabyte version – an … Read more
Michael Nagle / Bloomberg via Getty Images A banner outside the New York Stock Exchange on the day of Palantir’s IPO in 2020. If anyone needed proof that artificial intelligence was more than a passing fad on Wall Street, they got it in 2024. For a second consecutive year, AI was the phrase on everybody’s … Read more