Tesla upgraded, ServiceTitan initiated: Wall Street's top analyst calls
Fed's Cook: Further rate cuts can come cautiously
The U.S. Federal Reserve can be cautious with any further interest rate cuts given a solid economy and inflation proving stickier than previously expected, Fed Governor Lisa Cook said on Monday. Since the Fed began cutting its benchmark policy rate in September, "the labor market has been somewhat more resilient, while inflation has been stickier than I assumed at that time," Cook said in remarks for delivery at the University of Michigan Law School. The Fed reduced the policy rate by a full percentage point over its last three meetings of 2024, but is expected to keep the policy rate in the current range of 4.25% to 4.5% at the next meeting on Jan. 28-29.
Trump, Fed Seen Risking $127 Billion Latin America Bond Rush
(Bloomberg) -- A debt-sale bonanza that saw Latin American borrowers rush to global markets at the fastest pace in three years is set to peter out in 2025.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeIs This Weird Dome the Future of Watching Sports?Don’t Shrink the BusNYC Congestion Pricing to Take Effect After Years of DelaysCan American Drivers Learn to Love Roundabouts?Record government bond sales, a slew of first-time borrowers and a pickup in Arg
MicroStrategy Buys Bitcoin After Adding Preferred Offering
(Bloomberg) -- MicroStrategy Inc. bought $101 million of Bitcoin after announcing that it would use perpetual preferred stock as well as common shares and debt to acquire more of the cryptocurrency. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeIs This Weird Dome the Future of Watching Sports?Don’t Shrink the BusNYC Congestion Pricing to Take Effect After Years of DelaysCan American Drivers Learn to Love Roundabouts?The Tysons Corner, Virgina-based ent
What is a money market account?
This type of account can offer a low-risk way to earn a high yield.
Getty Images Weighs Major Merger With Shutterstock That Could Potentially Reshape Visual Content Market
Getty Images Holdings Inc. (NYSE:GETY) is reportedly exploring a potential merger with rival Shutterstock Inc. (NYSE:SSTK). The deliberations, disclosed by unnamed sources, reveal that Getty is considering how to structure the deal, though no final decision has been made. Per a Bloomberg report on Saturday, the proposed merger could unite two of the largest providers of licensed visual content in the U.S., underscoring the growing demand for photos, videos, and media in the digital era. However,
Niu Technologies Zooms Ahead: Q4 Sales Volume Soar 65% As New Models Electrify The Market
Niu Technologies (NASDAQ:NIU) shares are trading higher premarket on Monday after the company disclosed its sales volume results for the fourth quarter and full year 2024. In the fourth quarter, the company sold a total of 226,634 units, comprising e-motorcycles, e-mopeds, e-bikes, kick-scooters, and e-bikes. Of these, 182,333 units were sold in China, while 44,301 units were sold in international markets. For the full year of 2024, the company sold 924,340 units, with 759,094 units sold in Chin