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The main events by the morning: January 8
Trump has published a map of the United States with Canada, causing a political outcry. The ex-president continues to provoke the Canadian authorities and the opposition by announcing his plans for the country’s accession to the United States. Not only Prime Minister Justin Trudeau is strongly opposed, but also the leader of the Conservative Party,…
The Fed’s holding back… but for how long? 👀 Will they cut rates before it’s too late?
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Trump picks oil industry CEO Chris Wright as Energy Secretary By Reuters
WASHINGTON (Reuters) – President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver. He is expected to support…
PB Fintech: Goldman Sachs, Tata Mutual Fund buy stake in Rs 695 crore block deal
Shares of PB Fintech, the parent company of Policybazaar, saw large block deals worth about Rs 695 crore on Friday, with Goldman Sachs, mutual funds and foreign institutional investors picking up shares from an existing investor. According to exchange data, Tencent Cloud Europe BV offloaded 48.40 lakh shares of PB Fintech at a price of…
Top 3 Home Builder Stocks: Key Insights into the Housing Market
The housing market in 2024 continues to be complex and volatile for homebuyers and investors. Interest rate volatility, affordability concerns, and persistent inflation present ongoing challenges for the industry. However, the demand for housing remains resilient, driven by favorable demographics and a chronic supply shortage. To gain a deeper understanding of the housing market, investors…
