Market Investors Cut

Musk in funding talks with Middle East investors to value xAI at $45bn

Early discussions include existing backers of artificial intelligence start-up

World - Financial Times - 4 days ago

MicroStrategy’s Saylor on the strategy to load up on bitcoin and how investors should value it

A recent interview helps explain what MicroStrategy is doing with its strategy to issue securities to buy bitcoin.

Business - MarketWatch - 4 days ago

‘DJT’ stock has seen ‘aggressive’ selling by retail investors leading into election

During Donald Trump’s 2024 campaign for president, investors have used shares of Trump Media & Technology Group Corp. as a way to bet on the outcome of the election. But with just a few days to go ...

Business - MarketWatch - 4 days ago

Beaten-up Nextracker provides investors a reason to believe. But timing is key here

Shares of Nextracker jumped 22% on the back of stronger-than-expected results and an increase to its project backlog.

Business - CNBC - 4 days ago

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple reported earnings after the bell. Here are the results.

Business - CNBC - 3 days ago

Barclays’ chief defends Reeves as business criticises Budget tax rises

Retail and hospitality bosses warn UK chancellor that national insurance changes will lead to job losses

Business - Financial Times - 4 days ago

Low-volatility ETFs lose favour as investors jump to buffered peers

Despite poor returns in recent years, analysts say people could be missing out on their long-term investment potential

World - Financial Times - 3 days ago

Investors warn of lasting ‘risk premium’ in gilts following UK Budget

Traders play down parallels with 2022 market crisis but say rise in borrowing costs will linger

Business - Financial Times - 3 days ago

Presidential election offers opportunities — and risks — for ETF investors, experts say

In the months ahead, some ETFs or funds could outperform depending on who becomes president, but experts caution against making any hasty moves.

Business - CNBC - 9 hours ago

How the 'vibecession,' global economic uncertainty are influencing investors this election year

More than 60 countries held or will hold national elections in 2024. Here's the Principal Financial Group CEO's take on investors' response.

Business - CNBC - 5 hours ago

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

BBC to cut 155 roles from news operation

Broadcaster hopes move will save £24mn from budget, according to internal memo sent to staff

Business - Financial Times - October 15

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

McKinsey Cuts Hundreds From China Workforce

The consulting firm is cutting back on state-linked clients and is working to separate its China operations

Business - The Wall Street Journal - October 17

Ministers complain to Starmer over spending cuts

Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.

Titans cut safety Adams, honoring his request

The Titans released Jamal Adams, honoring the three-time Pro Bowl safety's request.

Sports - ESPN - October 17

Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.

Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.

Business - The New York Times - October 17

Tourism hotspot cuts council tax on second homes

Councillors vote to cut council tax premium, six months after a higher rate of 200% was brought in.

Parents fight to stop cuts to school transport

North Yorkshire Council will only fund bus travel to a child's nearest school from 2025.

Sports - Yahoo Sports - October 18

Fear that winter fuel payment cut will cost lives

Wales' older people's commissioner says people will die because of the decision.

Passengers stuck on planes and homes without power

Northern Ireland Electricity restored power to more than 10,000 customers over the course of Sunday.

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

Beyond Inc. to Cut Workforce by About 20%

Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...

Business - The Wall Street Journal - October 22

Intesa Sanpaolo unveils plans to cut 9,000 jobs

Italy’s largest bank wants to reduce costs by accelerating its digital transformation

Business - Financial Times - October 23

Dassault Systemes Cuts Guidance After Earnings Disappoint

The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.

Business - The Wall Street Journal - October 24

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

Business - The New York Times - October 24

Trudeau announces sharp cuts to Canada's immigration targets

The government says it "didn't get the balance quite right" when it bolstered immigration to address labour shortages.

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