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The markets were a lumpy mixed bag on Tax Day as the major U.S. indexes processed jarring headlines about China targeting aircraft manufacturer Boeing amid the appearance of positive signals from Bank of America, Citigroup, and Netflix. Markets have been on a rollercoaster ride since President Trump announced a slew of tariffs on April 2, … Read more
During a quarterly earnings call on March 4, Target reported that quarterly net sales declined 3.1%, while in February, when only the first three days were included in the quarter, CEO Brian Cornell stated that there was a “sales decline,” without being specific. Then Target executives all but led a singalong of “Peter Cottontail” on the call, … Read more
Bankers don’t expect “Trump Bump” will boost mergers this year Read More
Markus Söder (l-r), Chairman of the CSU and Minister President of Bavaria, Friedrich Merz, candidate for Chancellor of the CDU/CSU, Chairman of the CDU/CSU parliamentary group and Federal Chairman of the CDU, Lars Klingbeil, Chairman of the SPD parliamentary group and Federal Chairman of the SPD, and Saskia Esken, Party Chairwoman of the SPD, hold … Read more
People walk past the Korea Exchange (KRX) building in Seoul, South Korea, on Dec. 9, 2024. Daniel Ceng | Anadolu | Getty Images South Korea’s central bank cut rates by 25 basis points Tuesday to their lowest since August 2022, as it strives to stimulate a slowing economy. The Bank of Korea cut rates to … Read more
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