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Economy

Bessenomics: How Trump’s Treasury Pick Could Deliver Golden Age for United States

Investing.com — Treasury Secretary Nominee Scott Bessent is widely expected to secure confirmation from congress, but just how will ‘Bessenomics’ be deployed to…

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Economy

FTC Chair Ferguson wins first vote over Trump’s DEI purge

By Jody Godoy (Reuters) – U.S. Federal Trade Commission Chair Andrew Ferguson gained broad authority to purge diversity, equity and inclusion (DEI)…

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Economy

Trump pause applies to all foreign aid; Israel, Egypt get waiver, says State Dept memo

By Humeyra Pamuk WASHINGTON (Reuters) – U.S. President Donald Trump’s 90-day foreign aid pause applies to new and existing assistance, according to…

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Economy

British growth plans get positive response in Davos, minister says

By Alexander Smith and Elisa Martinuzzi DAVOS, Switzerland (Reuters) – British industry and energy minister Sarah Jones said that meetings in Davos…

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Economy

Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US

By Helen Reid and James Davey LONDON (Reuters) -Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton from approved…

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Economy

Hedge fund industry reaches $4.5 trillion in 2024

By Carolina Mandl NEW YORK (Reuters) – The hedge fund industry ended 2024 with $4.51 trillion in assets under management, a 9.75%…

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Economy

Diageo exploring potential spin-off or sale of Guinness, Bloomberg News reports

(Reuters) -Diageo, the world’s top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its…

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Economy

Appetite for IPOs is strong, but watch those valuations, analysts say

By Niket Nishant and Manya Saini (Reuters) – The tepid reception to Venture Global’s ambitious valuation target shows companies need to set…

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Economy

2025 is a crucial year for the ‘roaring ’20s’, UBS says

Investing.com — As the U.S. economy and equity markets thrive halfway through the decade, UBS analysts suggest 2025 will be pivotal in determining…

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Economy

Half of investors want to spend more on hedge funds, says BofA survey

By Nell Mackenzie LONDON (Reuters) – Half of the global investors surveyed by Bank of America’s prime brokerage department plan to allocate…

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