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Economy

Morning Bid: Wall St near records as central banks end 2024 with rate cuts

A look at the day ahead in U.S. and global markets by Samuel Indyk The stellar year for U.S. stock markets took…

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Economy

Bundesbank cuts Germany growth outlook for 2024 and 2025

The Bundesbank has significantly lowered its growth forecasts for Germany’s economy, projecting a contraction of 0.2% in 2024, a stark revision from…

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Economy

Euro zone industry did not fall in Oct but recovery not in sight

FRANKFURT (Reuters) – Euro zone industrial production was unchanged in October from the previous month, outperforming expectations of a slight fall, but…

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Economy

Germany faces lethargic growth, potential hit from Trump, Bundesbank says

FRANKFURT (Reuters) – Germany’s economy will shrink for the second year in a row this year and its recovery will be lacklustre,…

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Stock

European markets edge higher in wake of ECB rate cut; Munich Re soars

Investing.com — European markets edged higher Friday as investors digested regional economic weakness in the wake of the European Central Bank’s latest…

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Stock

China’s credit growth slows despite stimulus efforts

In a surprising turn of events, China’s credit expansion in November did not meet expectations, signaling a weaker demand for financing despite…

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Stock

Broadcom rallies on forecast for booming AI chip demand

(Reuters) – Shares of Broadcom (NASDAQ:AVGO) soared 14% on Friday, with the chipmaker moving closer to $1 trillion in market value after…

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Stock

Trump’s deportations could shake up the restaurant industry, but Wall Street isn’t worried

By Waylon Cunningham (Reuters) – Sweeping deportations pledged by President-elect Donald Trump could pose an economic shock for the restaurant industry in…

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Stock

T-Mobile announces $14 billion buyback

(Reuters) -Telecom giant T-Mobile unveiled a $14 billion share buyback on Friday. The company in September had announced its plans to return…

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Investing

Up 365% in 2024, what next for the Zip share price?

Zip share price has done well this year, rising by over 365%, and making it one of the best-performing companies in Australia….

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