US banks have a lot riding on the outcome of Election Day even if they’re not 100% sure how either candidate might treat their industry. The “knee-jerk reaction,” according to KBW analyst Chris McGratty, is that a Donald Trump victory will mean a return to looser regulation of banks and more leniency in approving the […]

Singapore Airlines ranked as the No. 2 international airline, according to the Bounce 2023 report. Nurphoto | Nurphoto | Getty Images Singapore Airlines is planning to add a four-seat first class to the Airbus aircraft it uses for its longest routes, a bet to attract high-spending travelers to flights that can top 17 hours. The

Rachel Reeves’s tax grab sparked a record exodus from the stock market last month as investors raced to withdraw their cash. Investors sold down a net £2.7bn of their holdings in equity funds in October – the highest amount ever recorded – with Brits pulling money out of every category of fund. That followed a

A president’s economic policies in office can markedly affect the unemployment rate. The unemployment rate measures the percentage of people in the job market who are not currently employed. It is a key indicator of the economy’s overall health. Looking at completed U.S. presidencies since Truman, President Johnson had the lowest average unemployment rate during

Nvidia (NASDAQ: NVDA) has reached many milestones this year. The stock rose above $1,000 and roared past Microsoft to become the world’s second most valuable company after Apple. This is all thanks to Nvidia’s dominance in the high-growth area of artificial intelligence (AI), a market expected to expand from $200 billion today to more than

Moldova’s President Maia Sandu in 2020 in central Chisinau.  Bogdan Tudor | Afp | Getty Images European leaders congratulated pro-Western incumbent Maia Sandu on winning a runoff vote in Moldova’s presidential election over the weekend, with the result seen as further step on the former Soviet republic’s road to integration with the bloc. The second

By Iain Withers LONDON (Reuters) – Blackstone’s private wealth business plans to enter at least two new European markets next year to tap growing demand among the well-off, two executives at the company told Reuters. New York-based Blackstone has made attracting funds from wealthy individuals a key priority amid choppy market conditions and as private

Super Micro Computer‘s (NASDAQ: SMCI) stock is on fire — and not in a good way. Shares of the artificial intelligence (AI) server maker fell off a cliff this week after its accounting firm, Ernst & Young (EY), announced it was resigning. Since the news broke on Tuesday, the stock is down more than 40%.

Industrial chiller at Yotta Data Services Pvt. data center, in Navi Mumbai, India, on Thursday, Mar. 14, 2024. Bloomberg | Bloomberg | Getty Images A huge upswing in the number of data centers worldwide shows no signs of slowing down, prompting Big Tech to consider how best to power the artificial intelligence revolution. Some of

Donald Trump’s Impact on the Economy: An Overview Donald Trump’s economic policies during his presidency were mainly characterized by tax cuts, trade wars and tariffs, deregulation, and restrictions on immigration. The Tax Cuts and Jobs Act (TCJA)—one of the best-known aspects of the Trump administration’s economic plan—lowered the tax rates for corporations and individuals, though