Articles

‘I don’t want to be unfair’: My mother gave me $150,000 to buy a house. One sibling wants 15% ownership. What now?

“I do not want to be unfair to my siblings, but I also do not want them to own an interest in my house.”

History shows Wall Street analyst estimates can be 30% too high at the peak, which one strategist says may be now

Wall Street earnings expectations assume profit growth will continue despite signs of the economy rolling over, says strategist.

European Central Bank to cut interest rates again as inflation and economy cools

The ECB is expected to trim borrowing costs as its focus shifts from damping inflation to supporting the bloc’s faltering economy.

Rentokil shares plunge as cockroach killer warns of $105 million hit to U.S. arm

The British exterminator said slower sales in North America and negative currency impacts would see its full-year profits drop compared to last year, to sums of around £700 million

Abu Dhabi plans $15.9 billion offer for German chemicals giant Covestro: report

Abu Dhabi National Oil Company is expected to make an offer to buy the Bayer spinoff in what would mark the largest cash transaction in the history of the chemicals industry

Treasury yields hit fresh 2024 lows ahead of CPI inflation report

Bond yields fell early Wednesday as investors prepared for data expected to confirm that inflation is sufficiently benign to allow the Federal Reserve to start cutting interest rates in a week’s time.

The market has pronounced a winner from Tuesday’s debate, and it’s Kamala Harris

Financial markets early Wednesday were moving in a way consistent with reduced likelihood of a second Donald Trump presidency.

Commerzbank shares jump as Italy’s UniCredit builds a 9% stake

Commerzbank shares surged on Wednesday after Italy’s biggest bank UniCredit bought a minority stake, triggering speculation a full merger could occur.

News Corp’s REA says $7.3 billion bid for Rightmove was rejected

News Corp-controlled REA Group will have to sweeten the deal if it is to bring together two of the English-speaking world’s dominant real-estate listing websites, after U.K. counterpart Rightmove rebuffed its initial $7.32 billion approach.

Harris-Trump debate: Key economic takeaways from the clash

As Democratic presidential nominee Kamala Harris and Republican rival Donald Trump clashed in their debate on Tuesday night in Philadelphia, plenty of economic issues getting their attention.

Harris-Trump debate: How the U.S. election may impact bitcoin and other crypto prices

Crypto-market participants are unsettled on how the U.S. presidential election in November might impact bitcoin and other digital-asset prices, as Vice President Kamala Harris and former President Donald Trump are scheduled to debate for the first time on Tuesday night.

Gamers react to ‘frankly absurd’ PlayStation 5 Pro price of $700

‘The average gamer will go nowhere near this, there’s no reason for them to,’ one gaming analyst says
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