• Dec 15, 2024

French Bonds, Stocks Slip After Moody’s Downgrades Credit Rating

(Bloomberg) -- French bonds and stocks lagged peers after Moody’s Ratings cut the country’s credit rating, putting more pressure on officials after far-right leader Marine Le Pen toppled the previous prime minister over a budget dispute.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsThe yield on 10-year French debt rose three bas

• Dec 15, 2024

Korean Won, Stocks Falter as Impeachment Lift Proves Fleeting

(Bloomberg) -- A rally in South Korea following the impeachment of President Yoon Suk Yeol proved to be short-lived on Monday, with stocks and the currency reversing early gains as focus quickly shifted away from politics and back to the economy.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsThe benchmark Kospi

• Dec 15, 2024

How Department Stores Tried to Reverse Market Share Losses in 2024

Investors, vendors and retail experts are watching and waiting to see whether changes in merchandise, brick-and-mortar footprints and value propositions improve financial performance and generate greater shareholder value.

• Dec 15, 2024

Laggard European markets may be 2025's top recovery trade

The year ahead is shaping up badly for Europe with its financial markets already hit hard by U.S. tariff fears and political turmoil in France and Germany, yet some investors are calling peak pessimism and hunting for bargains amid the gloom. European stocks are set to underperform the U.S. by the most in at least 25 years, MSCI data showed, while the euro has slumped more than 5% against the dollar and some forecasters expect sustained bad news to drag it below $1. "We believe Europe could be a positive surprise for underexposed investors," said Edmond de Rothschild co-head of equities Caroline Gauthier.

• Dec 15, 2024

Grab Stock’s Big Quarter Has Some Analysts Seeing Further Gains

(Bloomberg) -- Grab Holdings Ltd.’s ability to cut costs and edge out rivals in Southeast Asia’s ride-hailing arena helped push its share performance above global peers this quarter, with some analysts citing further gains ahead. Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsBrokers are rushing to lift the Sin

• Dec 15, 2024

Watch These Palantir Price Levels After Stock's Nasdaq 100 Inclusion

Palantir shares are likely to be in the spotlight on Monday after the Nasdaq announced late Friday that the analytics software provider had been added to the Nasdaq 100 Index. Monitor these key chart levels.

• Dec 15, 2024

The stock market is up 27% ahead of the final Fed meeting of the year. But is a correction overdue?

‘I would love to see a meaningful pullback in equities,’ says Talley Leger at the Wealth Consulting Group, given the two years without one

• Dec 15, 2024

South Korean authorities to continue monitoring financial markets

South Korea's finance ministry said on Monday authorities would continue monitoring financial and foreign exchange markets. South Korea's parliament on Saturday voted to impeach President Yoon Suk Yeol over his short-lived attempt to impose martial law, a move that had shocked the nation and its financial markets.

• Dec 15, 2024

With dwindling retirement savings, older Americans are back on the job market

Some older Americans are unretiring because of financial challenges. This story is part of BI's ongoing series on retirement regrets.

• Dec 15, 2024

Microsoft Just Made a Momentous Decision About Bitcoin That Could Dramatically Affect Your Ability to Become a Crypto Millionaire

On Dec. 10, Microsoft (NASDAQ: MSFT) shareholders voted against a proposal to ask the company to add Bitcoin (CRYPTO: BTC) to its balance sheet. Microsoft's board had recommended that shareholders vote no, so the rejection was perhaps no surprise. Other high-profile corporations would have surely followed Microsoft's example, leading to a wave of Bitcoin adoption across corporate America.