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Latest News

Biden’s Cabinet officials stand by statements of support as term draws to a close

With just over a month left in office, top members of President Biden’s Cabinet are standing behind their past statements expressing support…
Economy

Analysis-Macro a must-have for hedge fund investors betting on 2025 market swings

By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) – Next (LON:NXT) year’s top pick for hedge fund strategies is so-called…
Economy

German center-right CDU/CSU leads in current election polls

Investing.com — In Germany, the latest opinion polls reveal that the center-right CDU/CSU, led by Friedrich Merz, is currently leading in the…
Latest News

Trump names Herschel Walker, Nicole McGraw to ambassador positions before issuing warning to GOP senators

President-elect Trump dropped his most recent round of ambassador nominations on social media Tuesday night, before issuing a warning to Senate Republicans…
Stock

Instagram to account for half of Meta’s US ad revenue by 2025

Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to comprise 50% of the company’s US advertising revenue in the near future,…
Economy

Oman’s Investment Authority acquires stake in Elon Musk’s XAI company, state news says

DUBAI (Reuters) – The Oman Investment Authority (OIA) has acquired a stake in the artificial intelligence company XAI owned by Elon Musk,…
Economy

Fed looks set to tweak reverse repo rate to speed exit of cash

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve appears likely to take a step on Wednesday to nudge cash…
Economy

Powell has a long to-do list for his last full year as Fed chief

By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will…
Stock

UniCredit increases stake in Commerzbank, nears mandatory bid threshold

Investing.com — UniCredit, Italy’s second-largest bank by assets, has raised its stake in German rival Commerzbank (ETR:CBKG) to 28%, nearing the 30%…
Stock

Instagram set to account for half of Meta’s US ad revenue

Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to soon constitute half of the firm’s advertising revenue in the United States,…
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