Germany’s Scholz commits to spending 2% on defense ‘in the 2020s, in the 2030s and beyond’
German Chancellor Olaf Scholz on Saturday affirmed his country’s commitment to spending 2% of gross domestic product (GDP) this year and over the long-term.
This little-known bank is offering one of the highest CD rates
There’s a bank whose shares are getting pummeled in 2024, but it’s still offering an attractive yield on short-term CDs.
How the ‘Magnificent Seven’ compares to the great bubbles of all time and what could pop it
The ‘Magnificent Seven’ stocks are showing behavior consistent with major asset bubbles through history, according to Bank of America.
Pharma and ride-share providers are among most overbought S&P 500 stocks this week
See the full list of overbought and oversold names.
Trump ordered to pay $454 million in fines and interest in NY business fraud case
The fraud trial ruling comes as Donald Trump seeks the Republican presidential nomination, setting up a likely rematch with President Joe Biden.
Microsoft, Google, Amazon and tech peers sign pact to combat election-related misinformation
A group of 20 leading tech companies on Friday announced a joint commitment to combat AI misinformation heading into the 2024 elections.
World leaders react to reports of Navalny’s death; Yulia Navalnaya says Putin won’t go unpunished
World leaders on Friday reacted with dismay to reports of the death of prominent Russian opposition leader Alexei Navalny in a Siberian penal colony.
10-year Treasury yield spikes above 4.3% after hot producer prices report
U.S. Treasury yields were higher on Friday as investors considered fresh economic data and what it could mean for monetary policy.
January wholesale prices rise more than expected, another sign of persistent inflation
The producer price index was expected to increase 0.1% in January, according to economists surveyed by Dow Jones.
Hindenburg’s latest short target Temenos rejects allegations as share price tumbles
Temenos shares slid following allegations of accounting misconduct by short-seller Hindenburg Research, which the Swiss software company denies.