BofA upgrades Fox to Overweight
Investing.com — Bank of America upgraded Fox Corp Class A (NASDAQ:FOXA) to “Overweight” from “Market weight” and raised its FY25 and FY26 EBITDA estimates by 8% and 5% given the company’s strong execution and momentum following an earnings beat
New York Fed survey finds mixed inflation expectations in December
By Michael S. Derby NEW YORK (Reuters) -U.S. consumers’ outlook on the expected path of inflation was mixed in December amid rising worries about households’ ability to make debt payments, a survey by the New York Federal Reserve showed on Monday. The
Crypto firm Tether and its founders finalising move to El Salvador
By Federico Maccioni DUBAI (Reuters) – Cryptocurrency firm Tether plans to move its headquarters to El Salvador, as the founders behind the world’s biggest stablecoin look to capitalise on the Central American country’s bid to become a hub for crypto trading. Tether
Analysis-UK’s Reeves struggles to find ways out of market slump
By William Schomberg LONDON (Reuters) – Britain’s finance minister Rachel Reeves and Prime Minister Keir Starmer are seeking to stem a market slump, but for now what happens next to rising government borrowing costs and the falling pound is largely beyond
Factbox-Brokerages see uncertain 2025 on worries over potential Trump tariffs
(Reuters) -Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They expect U.S. President-elect Donald Trump’s proposed tariffs to fuel volatility across global markets, spurring inflationary pressures and, in turn, limiting the scope