Dow gains, S&P 500 hits record as bank stocks surge; Tesla drops 8%, oil prices fall
The S&P 500 and Dow Jones Industrial Average surged to new highs on Friday, buoyed by strong earnings reports from...
Fisker bankruptcy plan approved after deal on vehicle tech support
By Dietrich Knauth NEW YORK (Reuters) – Electric vehicle startup Fisker (OTC:FSRNQ) received court approval of its bankruptcy liquidation plan...
BlackRock’s assets hit record $11.5 trillion amid private market push
By Arasu Kannagi Basil and Davide Barbuscia (Reuters) – BlackRock (NYSE:BLK)’s assets under management hit a record high for the...
US credit spreads narrow to new lows as economy looks up
By Davide Barbuscia and Shankar Ramakrishnan NEW YORK (Reuters) – U.S. corporate credit spreads hit fresh multi-year lows in recent...
UK may need 20 billion pound tax hike to stop spending cuts, think tank says
By Suban Abdulla LONDON (Reuters) – Britain’s new Labour government may need to increase taxes by 20 billion pounds ($26...
Utilities stocks hit record surge in 2024, but analysts warn of possible correction
Utilities stocks have experienced an extraordinary rally throughout 2024, becoming one of Wall Street’s most talked-about trades of the year....
US health agency releases 2025 quality ratings for Medicare plans
By Amina Niasse NEW YORK (Reuters) -The U.S. government announced quality ratings for 2025 Medicare health and prescription drug plans...
France to sell €300 billion in bonds for 2025 budget amid fiscal pressure and investor scrutiny
France has announced plans to sell €300 billion ($328 billion) in government bonds next year, surpassing the €285 billion sold...
FTC finalizes new merger-filing requirements
By Jody Godoy (Reuters) – The U.S Federal Trade Commission finalized changes on Thursday to a rule that determines what...
Canada gov’t could avoid confidence vote with slim mini budget, says source
By David Ljunggren OTTAWA (Reuters) -A Canadian mini budget later this year might contain no spending measures, an unusual move...
