Wells Fargo CEO affirms progress on compliance following the fake accounts scandal, detailing rigorous controls and weekly monitoring. The bank nears the end of regulatory tests to lift a $1.95 trillion asset cap, potentially enabling growth in key areas.
Wells Fargo CEO Confident in Compliance Progress After Scandal Read More »
Boeing’s chief lobbyist, Ziad Ojakli, abruptly departs amid ongoing investigations and regulatory challenges. This sudden exit adds to the aerospace giant’s turbulent period, raising questions about its government relations.
Boeing’s Top Lobbyist Ziad Ojakli Departs Abruptly Read More »
Australia’s east coast faces a significant gas shortfall by 2027 unless new fields are developed. LNG imports and revised export regulations aim to mitigate looming energy security and economic risks.
Australian East Coast Faces Looming Gas Supply Shortfall Read More »
Track key earnings from Oracle, GameStop, Adobe, Broadcom, and Costco this week. Plus, watch for crucial CPI, PPI, jobless claims, and retail sales data impacting markets as we head into 2025.
Key Economic Events and Earnings to Watch This Week Read More »
Tech stocks retreated midday as renewed inflation worries grip investors, dragging down the Nasdaq. Tesla faces investigation and a downgrade, while Moderna surged on bird flu vaccine hopes.
Midday Market Movers: Tesla Probe, Getty-Shutterstock Merger, and More Read More »
US small business sales surged in December, driven by strong holiday retail spending. While retail thrived, restaurants saw declining sales due to lower average ticket sizes and shifting consumer preferences.
US Small Business Sales Surge in December Holiday Season Read More »
Dacia slashes Spring EV price in France to €16,900, boosting affordability and challenging rivals. This strategic move aims to stimulate EV adoption amid stricter EU emission regulations and growing competition.
Dacia Cuts Electric Spring Price in France to Boost EV Sales Read More »
Global markets fluctuated Monday following Trump’s denial of a report suggesting softer tariff plans and Trudeau’s surprise resignation. These events signal potential market volatility in 2025 amid policy, political, and economic uncertainties.
Global Markets React to Trump’s Tariff Denial and Trudeau’s Resignation Read More »
Carnival Corp sees strong 2025 bookings despite rising travel costs, exceeding 2024 levels in occupancy and price. Q4 profits and sales also beat expectations, driven by strong demand for cruise vacations.
Carnival Corp Projects Strong 2025 Bookings Amidst Rising Travel Costs Read More »
TSMC’s US stock trades at a 25% premium over its Taiwan listing, driven by AI-fueled demand. Is this a lucrative arbitrage opportunity or a risky bet given persistent demand and trading complexities?
TSMC’s US-Taiwan Stock Price Gap Widens: An Arbitrage Opportunity or a Risky Bet? Read More »
