Retail sales, jobless claims, and Philly Fed index highlight Thursday’s data
As traders approach another pivotal day for financial markets, Thursday, January 16, 2025, is set to deliver a series of crucial economic data releases that could sway market dynamics. The spotlight will be on retail sales figures, initial jobless claims,
United Health, Bank of America, Morgan Stanley to report Thursday
Earnings season marches on, and we’re here to spotlight the companies set to unveil their financial results in the next trading session. Taking center stage are industry giants United Health Group (NYSE:UNH), Bank of America, Morgan Stanley
Israel, Hamas reach ceasefire and hostage deal, Biden announces
Investing.com — U.S. President Joe Biden announced on Wednesday that Israel and Hamas have agreed to a ceasefire and hostage deal, marking an end to the fighting in Gaza. This agreement will also increase the flow of humanitarian aid to
Ladenburg Thalmann lifts Edison stock rating to ‘neutral’ on valuation
Investing.com — Ladenburg Thalmann upgraded Edison International (NYSE:EIX) to “neutral” from “sell” given its valuation support following a recent sell-off. The stock, trading at a 34% discount to P/E estimates, is seen as reflecting worst-case outcomes linked to California wildfire risks. Ladenburg Thalmann
US defense contractor tells Musk panel that Pentagon bureaucracy is the problem
By Mike Stone WASHINGTON (Reuters) – The CEO of one of the world’s biggest defense contractors, L3Harris Technologies (NYSE:LHX), told President-elect Donald Trump’s government efficiency panel in a letter on Wednesday that the Pentagon’s huge contracting system is too slow and