Archegos’ Bill Hwang deserves 21 years in prison, US says
By Jonathan Stempel NEW YORK (Reuters) – Bill Hwang, the founder of Archegos Capital Management, should spend 21 years in prison for running a market manipulation scheme that wiped out…
Southwest Airlines plane struck by bullet before departure in Dallas
(Reuters) – A Southwest Airlines (NYSE:LUV) plane preparing for departure at Dallas Love Field airport was struck by a bullet late on late Friday, prompting the aircraft to return to…
Will Trump privatize Fannie & Freddie? Citi discusses
Investing.com — Following the recent election, shares of Fannie Mae (OTC:FNMA (ST:FNMA)) and Freddie Mac (OTC:FMCC) have surged, driven by speculation that the Trump administration may attempt to privatize the government-sponsored…
China economy: Is the latest stimulus enough to generate inflation?
Investing.com — Recent economic data from China indicates that the country’s inflation remains subdued despite new stimulus measures aimed at boosting demand. As per Citi Research, October’s Consumer Price Index…
Russian gas exports via Ukraine to Europe stable despite Austria cuts
MOSCOW (Reuters) – Russian gas producer Gazprom (MCX:GAZP) said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Saturday, the same volume as on Friday,…
What Trump 2.0 might mean for aerospace and defense stocks, according to Citi
Investing.com – Defense spending will likely remain resilient as the White House transitions to a second Trump administration, according to analysts at Citi. But in a note to clients, the analysts…
What are the economics of the Trump trade: BofA
Investing.com — In a recent note to clients, Bank of America strategists delved into the economics of the “Trump trade,” examining how the election outcome has spurred dramatic market reactions…
DAX index could dive as shares of German automakers implode
The DAX index has remained on edge this month as investors assess the recent Donald Trump election victory and the recent actions by the European Central Bank (ECB) and the…
Warren Buffett’s craving for Domino’s: is pizza the new apple?
Warren Buffett’s Berkshire Hathaway revealed intriguing shifts in its investment strategy during the third quarter, adding new positions in Domino’s Pizza and Pool Corp. while trimming holdings in long-time favorites…
Is China’s stimulus package finally working? Retail sales and industrial output grow
China’s economy displayed promising signs of recovery in October, supported by an uptick in retail sales and industrial output. These improvements reflect the impact of recent government stimulus measures aimed…