The U.S. central bank will likely reduce its benchmark interest rate by 0.75 percentage points to 1 point this year and achieve a „soft landing,“ experts said.
Schlagwort-Archiv: Markets
Dick’s Sporting Goods soars past holiday quarter estimates, raises dividend 10%
Dick’s Sporting Goods said its holiday quarter was the strongest sales period in the company’s history, leading it to raise its dividend by 10%.
Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with Nelson Peltz’s Trian Partners
JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David Faber has learned.
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
Banks delivered record payouts as high interest rates boosted margins, according to a new report from British asset manager Janus Henderson.
Citadel’s Ken Griffin says the Fed shouldn’t cut too quickly, citing big tailwinds supporting inflation
Ken Griffin, Citadel founder and CEO, thinks the Federal Reserve should move slowly to cut interest rates in its fight against stubborn inflation.
Zara owner Inditex climbs to all-time high as 2023 sales jump 10%
Shares of Zara owner Inditex rose to an all-time high on Wednesday after the company announced its full year 2023 results.
Adidas warns of falling sales in North America as it continues to sell off Yeezy inventory
Adidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear brand continues to sell off its Yeezy inventory.
Xiaomi is set to launch its electric car on March 28
Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28.
China’s stock valuations are ‚way too low,‘ strategist says — here’s why
Valuations of Chinese stocks are „way too low,“ according to Shaun Rein, founder and managing director of the China Market Research Group.
Why Amtrak is attempting to revive the Texas Central bullet train
In 2023, Amtrak revived long-held hopes for a Texas bullet train, in an attempt to capitalize on $66 billion in federal funds for passenger rail upgrades.