Category: Money

World Money and Markets in the news

Stocks Rise on the Back of Nvidia | What You Missed 6/18

A rally in chipmakers drove stocks to another record, with traders betting the potential for Federal Reserve rate cuts will keep fueling the industry…

Boeing CEO Testifies Before Congress

Boeing’s embattled CEO Dave Calhoun testifies before Congress. This Senate hearing will put the CEO on the spot to defend…

US Ethanol Output Is Booming | Presented by CME Group

The USDA’s May estimate of a record 5.45 billion bushels of corn-for-ethanol production in 2024-25 was initially met with skepticism…

The Dirty, Deadly Secret Behind Electric Cars

Nickel is a critical component of the batteries that power electric cars, and Indonesia has become a global giant in…

Post Fire in California Forces 1,000 to Evacuate

A wildfire raging north of Los Angeles has sent smoke billowing south and forced more than 1,000 people to evacuate…

US Retail Sales Preview: Rebound Rests on Wary Consumers

US retail sales are expected to rebound modestly in May as businesses slashed prices to attract customers and auto dealers…

Stocks at Record High; Le Pen’s Far-right in Front | Bloomberg The Pulse 06/18/24

EU leaders postponed a deal on how to divide the bloc’s top jobs; discussions will continue before a formal gathering…

Citi to Spotlight Money-Moving ‘Crown Jewel’ Business

Citigroup Inc. is putting its newly formed services business division front and center in its upgrade project during investor day…

The Path For Interest Rates | Bloomberg Surveillance | June 14, 2024

Bloomberg Surveillance hosted by Paul Sweeney and David Gura June 14th, 2024 Featuring: Neil Grossman, founder and former CIO at…

Denmark’s Novonesis Shares Rally on 2024 Outlook

Novonesis CEO Ester Baiget says most of the company’s growth this year will come from higher volumes, whereas previous performance…