U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters Elon Musk and Vivek Ramaswamy will visit Capitol Hill to discuss government reform with Republican congressional leaders Dec. 5, House Speaker Mike Johnson, … Read more
This month, U.S. News and World Report published its Best Cruise Lines for the Money ranking for 2024. The report analyzed and rated the top ships from 18 of the most popular ocean cruise lines. “Like any type of travel, people [interested in cruising] are looking to find something that is affordable or matches a … Read more
Shoppers at the DLF Promenade mall in New Delhi, India, on Oct. 21, 2023. As the number of middle to high-income households climb, India’s consumer market is positioned to become the world’s third largest by 2027, according to estimates by BMI. Bloomberg | Bloomberg | Getty Images India’s economy expanded by just 5.4% in its … Read more
This photograph taken on January 11, 2024, shows a general view of the Adani Group owned Mundra Port in Mundra. Punit Paranjpe | Afp | Getty Images Shares in India’s Adani Group climbed further on Friday, resuming a multi-day rally on the back of the group’s statement refuting bribery charges against its billionaire chairman, Gautam … Read more
Treasury yields were slightly lower early Friday, as U.S. markets head for a shortened trading day following the Thanksgiving holiday. The yield on the 10-year Treasury was 2 basis points lower at 4.22%, as the 2-year Treasury held steady at 4.208%. One basis point equals 0.01% and yields and prices move in opposite directions. Friday … Read more
The stalls at the 590th Dresden Striezelmarkt are brightly lit at the opening. Sebastian Kahnert | Picture Alliance | Getty Images Annual Euro zone inflation rose to 2.3% in November, statistics agency Eurostat said Friday, climbing back above the European Central Bank’s 2% target. Economists polled by Reuters had expected the 2.3% annual rate for … Read more
U.S. tech companies with a focus on emerging markets offer the best investment opportunities for the coming year, according to veteran emerging markets investor Mark Mobius. “The U.S market will continue to do well. As you know, tech has already done well. So, what I would do is focus on companies and industries that are … Read more
German blue-chip stocks show more promise than their French counterparts, Barclays’ strategists wrote in a note Friday, saying France has weak “long-term fiscal and growth fundamentals” and a looming risk of bond vigilantes sweeping in. The euro zone’s two biggest economies are both struggling. Germany is battling an ongoing manufacturing downturn that has turned it … Read more
As Europe faces the prospect of tariffs on its exports to the United States, TS Lombard has advised investors in the region on how to “tariff-hedge” their portfolios. U.S. President-elect Donald Trump warned ahead of his election win that he would introduce a blanket tariff of up to 20% on all imports . This week … Read more
European stocks are expected to open in mixed territory on Friday, with investors awaiting the release of euro zone inflation data. The U.K.’s FTSE 100 index is expected to open 7 points higher at 8,285, Germany’s DAX down 13 points at 19,408, France’s CAC down 5 points at 7,173 and Italy’s FTSE MIB down 48 … Read more