Salinas Set to Lose $4 Billion in a Day as Elektra Slumps 60%
Shares of Grupo Elektra tumbled more than 60% on Monday after regulators ordered the exchange to resume trading following a prolonged halt, wiping off some $4 billion from the fortune of billionaire ...
Austria to Let Mortgage Limits Expire as Stability Risks Ease
Austria’s Financial Market Stability Board will let strict limits on home loans expire next year, arguing that the danger of ...
Biggest Hedge Funds Make the Most of the Trump Trade in November
The world’s biggest hedge funds made the most of trading opportunities sparked by Donald Trump’s reelection last month, keeping the industry on track to post its strongest returns in at least four ...
An End Is Finally in Sight for the Arctic Chill in New York and the US East
A frigid blast that triggered a massive lake-effect snow storm across the US Great Lakes and blanketed New York City with sub ...
Retail outlook amid holiday season
David Dietze, managing principal and senior investment strategist at Peapack Private Wealth Management, evaluates retail ...
US Factory Activity Shrinks Less Than Forecast as Orders Expand
US manufacturing activity shrank in November by less than forecast as a gauge of new orders moved into expansion territory ...
NYC-to-NJ Trains Delayed by Wire Damage as US Northeast Freezes
New Jersey Transit and Amtrak trains coming into and out of New York Penn Station are experiencing lengthy delays Monday ...
Biden Offers $7.5 Billion for Samsung SDI-Stellantis Battery Hub
A joint venture between Samsung SDI Co. Ltd. and Stellantis NV to create battery manufacturing plants in Indiana is being ...
France’s Far Right Aims to Topple Government Over New Budget Law
The far-right National Rally party of Marine Le Pen will back a motion to topple the French government, after Prime Minister Michel Barnier failed to agree to all of its demands on next year’s budget.