(Bloomberg) -- Economists and strategists across Wall Street have dialed back their expectations for US interest-rate cuts next year based on this week’s presidential election of Donald Trump and comments by Federal Reserve boss Jerome Powell.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion,
6 best money market funds in December 2024
Money market funds are available from several different brokers and fund managers.
US regulator, financial industry monitoring impact of Hurricane Milton on investors, capital markets
The Securities and Exchange Commission and a top financial industry group said they were closely monitoring the impact of Hurricane Milton on investors and capital markets. The SEC said in a statement on Wednesday it would consider possible relief from regulatory requirements for those affected by the storm. The Securities Industry and Financial Markets Association (SIFMA) said in a separate statement it was confident its member firms in Florida were prepared for the storm.
What Goes Down Must Go Up': Real Estate Star Ryan Serhant Sees Market Rebound After 2024 Election
Real estate broker Ryan Serhant predicts a housing market upturn following the presidential election. During an appearance on Fox Business last week, Serhant described a market in waiting. “Inventory is up. Interest rates are at 20-month lows, but buyers are still sitting on the sidelines,” he told the Fox Business host. “No one wants to catch a falling knife, but also no one wants to jump into a speeding car.” Don't Miss: Beating the market through ethical real estate investing' — this platform
Boeing Withdraws Offer To Strikers; S&P Global Warns of Debt Downgrade
Boeing shares fell Wednesday after the plane maker withdrew its contract offer for striking machinists and S&P Global put its bond rating on a watch list.
Arcadium Lithium Stock Soars After Agreeing to Rio Tinto's $6.7 Billion Takeover Offer
Arcadium Lithium Stock Soars After Agreeing to Rio Tinto's $6.7 Billion Takeover Offer
Meta's AI chatbot to be available in new markets including Brazil, UK
Technology companies have been trying to attract consumers to their AI chatbots by introducing new features and making them more accessible with support for different languages. Meta AI, which currently has almost 500 million monthly active users, will be available in the UK, Brazil and more countries in Latin America and Asia beginning Wednesday, the social media company said. The chatbot will also support languages including Arabic, Indonesian, Thai and Vietnamese, Meta said.