Mexico’s economy posted its fastest growth in two and a half years, expanding by 1.1% in the third quarter of 2024 compared to the previous quarter, according to INEGI, the country’s national statistics agency. The figure slightly outpaced the 1.0% forecast by economists surveyed by Reuters, signaling that Latin America’s…
US President-elect Donald Trump’s pick to lead the Energy Department believes fossil fuels are key to ending world poverty, which he says is a bigger issue than climate change’s “distant” threat, Reuters reported. Trump’s choice to lead the US Energy Department Chris Wright penned a corporate report released in February…
US equity benchmarks rose on Friday as investors’ sentiments were boosted by positive economic data from the world’s biggest economy. At the time of writing, the Dow Jones Industrial Average rose 0.8%, while the S&P 500 index gained 0.3%. The tech-heavy Nasdaq Composite inched up just 0.1%. All the benchmarks…
President-elect Donald Trump’s sweeping tariff proposals have triggered widespread concerns among businesses and economists. Trump has suggested imposing a 20% tariff on all US imports and steeper duties of up to 60% on goods from China and other key trading partners. Retailers like Walmart and Lowe’s have already signaled that…
Famed investor Jim Cramer continues to see upside in Bitcoin despite its massive year-to-date rally. Post-election optimism has sent Bitcoin price soaring to new highs of around $99,000 – and crypto-related stocks have rallied with it as well. Still, the Mad Money host dubs BTC a much better pick than…
Mexico’s economy posted its fastest growth in two and a half years, expanding by 1.1% in the third quarter of 2024 compared to the previous quarter, according to INEGI, the country’s national statistics agency. The figure slightly outpaced the 1.0% forecast by economists surveyed by Reuters, signaling that Latin America’s…
Amazon.com Inc (NASDAQ: AMZN) just announced plans to invest another $4 billion in Anthropic – a California-based startup that’s competing with the likes of OpenAI in a generative artificial intelligence arms race. Shares of the tech titan are close to hitting $200 on Friday. Anthropic is an artificial intelligence company…
US President-elect Donald Trump’s pick to lead the Energy Department believes fossil fuels are key to ending world poverty, which he says is a bigger issue than climate change’s “distant” threat, Reuters reported. Trump’s choice to lead the US Energy Department Chris Wright penned a corporate report released in February…
Reddit Inc (NYSE: RDDT) opened about 8.0% down on Friday after Tencent Holdings unloaded about $88.5 million shares of the forum social network. The weakness may also be related to a report that Advance Magazine Publishers is considering trimming its position on Reddit as well. Still, there are three solid…
President-elect Donald Trump’s sweeping tariff proposals have triggered widespread concerns among businesses and economists. Trump has suggested imposing a 20% tariff on all US imports and steeper duties of up to 60% on goods from China and other key trading partners. Retailers like Walmart and Lowe’s have already signaled that…