Bessenomics: How Trump’s Treasury Pick Could Deliver Golden Age for United States
Investing.com — Treasury Secretary Nominee Scott Bessent is widely expected to secure confirmation from congress, but just how will ‘Bessenomics’ be…
Verizon wireless subscriber growth hits 5-yr high, profit view weak
By Harshita Mary Varghese (Reuters) -Verizon Communications on Friday reported its best quarterly wireless subscriber growth in five years, fueled…
Hedge fund industry reaches $4.5 trillion in 2024
By Carolina Mandl NEW YORK (Reuters) – The hedge fund industry ended 2024 with $4.51 trillion in assets under management,…
Diageo exploring potential spin-off or sale of Guinness, Bloomberg News reports
(Reuters) -Diageo, the world’s top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is…
More rate hikes likely coming in Brazil as inflation overshoots forecasts
SAO PAULO (Reuters) – Brazil’s annual inflation rate slowed less than expected in early January, official data showed on Friday,…
AT&T secures $850 million from sale-leaseback of real estate to Reign Capital
(Reuters) -AT&T said on Friday it has secured $850 million through the sale-leaseback of its underused central office facilities that…
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
(Reuters) -Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO…
US existing home sales rise to 10-month high in December
By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales increased to a 10-month high in December, but further gains…
2025 is a crucial year for the ‘roaring ’20s’, UBS says
Investing.com — As the U.S. economy and equity markets thrive halfway through the decade, UBS analysts suggest 2025 will be pivotal…
Half of investors want to spend more on hedge funds, says BofA survey
By Nell Mackenzie LONDON (Reuters) – Half of the global investors surveyed by Bank of America’s prime brokerage department plan…