Monthly wealth stream

China’s steel exports expected to falter in 2025 as pain from tariffs spread monthlywealthstream

JIUJIANG, CHINA – JUNE 17: A worker manufactures seamless steel gas cylinders for export at the workshop of Sinoma Science & Technology (Jiujiang) Co., Ltd. on June 17, 2024 in Jiujiang, Jiangxi Province of China.   Wei Dongsheng | Visual China Group | Getty Images China’s steel exports will soon hit an eight-year high, before sweeping […]

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Molina Healthcare Stock Soars 18% as Premium Revenue Surges monthlywealthstream

Key Takeaways Shares of Molina Healthcare surged on Thursday after the health insurer reported strong results for the third quarter of 2024. Molina reported a year-over-year increase in premium revenue, despite issues related to Medicaid redeterminations. The company said new contract wins, footprint expansion and acquisitions contributed to revenue growth. Molina Healthcare (MOH) shares skyrocketed 18%,

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Record Defaults Hit $800 Billion Chinese Local Debt Market monthlywealthstream

(Bloomberg) — Defaults in an opaque corner of China’s local debt market have surged to a record high, ensnaring investors who’d assumed the securities had an implicit guarantee from the state. Most Read from Bloomberg It wasn’t supposed to be this way. Last year, confronted with a wave of bad debt issued by municipalities’ financing

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Schwab, crypto, alleged fraud and an elderly couple’s $18.5M loss monthlywealthstream

Charles Schwab may have a big elder fraud problem on its hands. For the third time in less than two months, Schwab and its affiliates have been accused of doing virtually nothing to prevent scammers from draining its clients’ accounts of their retirement savings. The latest case, filed Wednesday in federal district court in Northern

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CNBC’s Inside India newsletter: Hyundai Motor India monthlywealthstream

MUMBAI, MAHARASHTRA, INDIA – 2024/10/21: Hyundai logo is seen on the Hyundai car showroom in Mumbai. Hyundai Initial Public Offer (IPO) will be listed on the stock exchange on 22nd October 2024. (Photo by Ashish Vaishnav/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images This report is from this week’s CNBC’s “Inside

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New Permian oil pipelines unlikely to be built, say top operators monthlywealthstream

By Arathy Somasekhar HOUSTON (Reuters) -Top executives of two U.S. energy pipeline operators on Thursday ruled out building new crude oil lines to move volumes out of the Permian shale field in West Texas because of tepid volume growth and difficulties constructing new lines. A wave of consolidation in the top U.S. shale field has

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What You Need To Know Ahead of GE HealthCare's Earnings monthlywealthstream

<img src=' alt=' Getty Images ‘ title=”The GE HealthCare logo is seen on the wall of an exhibit at the 2023 World Health Expo in China.”> Getty Images Key Takeaways GE HealthCare will report earnings before the bell Wednesday, with analysts projecting revenue and profits to rise from the same time last year. In the

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Prospects of a Trump win and huge tariffs spark worst sell-off for emerging market stocks in 10 months monthlywealthstream

Trump declared that there “WILL BE NO THIRD DEBATE” in a post on Thursday.Chip Somodevilla/Getty Images Emerging markets stocks are set for their worst monthly decline since January. The slump comes as investors price in higher odds of a Trump win in the upcoming US election. Trump has pledged to drastically raise import tariffs to

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Nvidia boosts India push with Hindi language model and parnterships monthlywealthstream

Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024.  I-hwa Cheng | AFP | Getty Images Nvidia on Thursday announced a slew of partnerships with major Indian firms and launched a Hindi language model, as the American chip company looks to ramp up business in one of the world’s biggest

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