By Kantaro Komiya and Rocky Swift TOKYO (Reuters) -Japanese manufacturing giant Nidec said on Friday it planned to launch a 257 billion yen ($1.6 billion) bid for Makino Milling Machine, a surprise unsolicited takeover offer in a country better known for agreed deals. Nidec said Makino’s board had not agreed to the 11,000 yen per … Read more
The Internal Revenue Service (IRS) headquarters building in Washington. J. David Ake/AP hide caption toggle caption J. David Ake/AP Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people’s bank accounts or sent in the mail … Read more
By Rae Wee and Greta Rosen Fondahn SINGAPORE (Reuters) -The dollar defended its recent dominance on Tuesday in a holiday-lined week, as investors considered the prospect of higher-for-longer U.S. interest rates, leaving other major currencies struggling near milestone lows. The U.S. dollar has leaped ahead over the past three months against a basket of currencies, … Read more
Based on recent market updates, particularly from Investopedia on November 29, 2024, stocks across major indices, such as the S&P 500 & Dow Reach Record Highs, have reached record highs. This surge has been attributed to the robust performance in various sectors, including tech, which continues to thrive in the current economic landscape. If you’re … Read more
Investors have plenty to be thankful for in 2024. They’ve witnessed the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all rocket higher by a double-digit percentage and head to multiple record-closing highs. But investing is all about looking forward. As we get ready to turn the page to 2025, here are five unbeatable … Read more
Kenny Malone, Jeff Guo, and Adrian Ma/NPR Kenny Malone, Jeff Guo, and Adrian Ma/NPR This year, there was some economic good news to go around. Inflation generally ticked down. Unemployment more or less held around 4-percent. Heck, the Fed even cut interest rates three times. But for a lot of people, the overall economic vibes … Read more
By Alden Bentley, Naomi Rovnick and Ankur Banerjee NEW YORK/LONDON/SINGAPORE (Reuters) – U.S. stocks wrapped up Christmas week on Friday with retracements of double-digit uptrends, and, alongside the dollar to a smaller degree, succumbed to profit taking in illiquid markets heading into the last weekend of 2024. Even with its slight loss on Friday, the … Read more