Argentine bank stocks attract Wall Street amid success of Milei’s ‘shock therapy’ (SUPV:NYSE)

Argentine bank stocks attract Wall Street amid success of Milei’s ‘shock therapy’ (SUPV:NYSE)

Tomas Cuesta/Getty Images News A year into Javier Milei’s presidency, Argentina’s (ARGT) economy has undergone a dramatic transformation, avoiding a full collapse while embarking on unconventional reforms to tackle hyperinflation and fiscal instability. The Milei administration’s shock economic measures (that is, slashing government spending, halting monetary financing #Argentine #bank #stocks #attract #Wall #Street #success #Mileis…

Dockworkers’ union says Trump understands hard work of members

Dockworkers’ union says Trump understands hard work of members

Apollo chief economist Torsten Slok joins ‘Barron’s Roundtable’ with his analysis on inflation in America and the Federal Reserve ahead of the Trump transition. The vice president of a union representing thousands of dockworkers said after a recent meeting with President-elect Trump that the incoming commander in chief understands “the importance of the work our…

South Korea’s acting president moves to reassure allies, calm markets after impeachment By Reuters

South Korea’s acting president moves to reassure allies, calm markets after impeachment By Reuters

By Heekyong Yang and Josh Smith SEOUL (Reuters) -South Korea’s acting president, Han Duck-soo, moved on Sunday to reassure the country’s allies and calm financial markets a day after President Yoon Suk Yeol was impeached and suspended from his duties over a martial law attempt. Han spoke with U.S. President Joe Biden by phone, the…

Peter Hargreaves’ Blue Whale sells major tech stocks over AI concerns

Peter Hargreaves’ Blue Whale sells major tech stocks over AI concerns

Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Blue Whale Growth, the investment fund backed by billionaire Peter Hargreaves, has reduced its exposure to the ‘Magnificent Seven’ group of major US tech companies due to concerns over their vast expenditure on artificial intelligence. Stephen…

Himachal Pradesh: Man leaps from sliding SUV near Atal Tunnel, escapes injury

Himachal Pradesh: Man leaps from sliding SUV near Atal Tunnel, escapes injury

A man had a close brush with danger near the Atal Tunnel in Himachal Pradesh, managing to jump out of his SUV just in time to save himself. A video circulating on social media captures the incident, where multiple vehicles can be seen skidding and struggling to navigate the snow-covered road near the tunnel. Operational…

2 No-Brainer High-Yield Energy Giants to Buy Right Now for Less Than $500

2 No-Brainer High-Yield Energy Giants to Buy Right Now for Less Than $500

If there is one thing that investors can expect when putting money to work in the energy sector, it is volatility. Oil and natural gas, as commodities, have a long history of swift, often dramatic price moves. This is why investors looking at the sector should probably consider sticking to the biggest and best companies,…

Steel stocks slammed as evidence points to weak global market in 2025 (NYSE:CLF)

Steel stocks slammed as evidence points to weak global market in 2025 (NYSE:CLF)

lyash01/iStock via Getty Images Steel company stocks were notably poor performers on Thursday and Friday, with Cleveland-Cliffs (NYSE:CLF) -13.2%, Nucor (NYSE:NUE) -9.5%, Steel Dynamics (STLD) -8.4%, Commercial Metals (CMC) -7.1%, US Steel (X) -5%, ArcelorMittal (MT) -4.4% over the two trading sessions. Reports earlier this week said President Biden is planning #Steel #stocks #slammed #evidence…

Johnny Damon’s nutrition journey and local tragedy led him to form his own sports drink brand

Johnny Damon’s nutrition journey and local tragedy led him to form his own sports drink brand

Johnny Damon is officially a founder and CEO.  The former New York Yankees and Boston Red Sox All-Star outfielder launched his own sports drink brand, A-Game, with a focus on offering healthy hydration to young athletes.  Damon was inspired to pursue his own healthy sports drink after multiple young athletes died while training for sports…

Southwest Airlines Co. Investors Are Encouraged to Contact The Rosen Law Firm About Ongoing Investigation of Breaches of Fiduciary Duties by the Directors and Offi By Investing.com

Southwest Airlines Co. Investors Are Encouraged to Contact The Rosen Law Firm About Ongoing Investigation of Breaches of Fiduciary Duties by the Directors and Offi By Investing.com

New York, New York–(Newsfile Corp. – December 14, 2024) – Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Southwest Airlines Co. (NYSE: NYSE:) in connection with Southwest Airlines’ information technology infrastructure impacting Southwest Airlines’ business, operations, and stock price….

Germany’s CDU to offer voters tax cuts and immigration controls

Germany’s CDU to offer voters tax cuts and immigration controls

Stay informed with free updates Simply sign up to the German politics myFT Digest — delivered directly to your inbox. Germany’s conservatives will campaign in February’s snap election on a platform of tax cuts and tougher controls on illegal immigration, according to a draft manifesto seen by the Financial Times. The 79-page document promises “new…

SC orders ED to handover Rs 4,025 crore worth of Bhushan Power & Steel properties to JSW Steel  

SC orders ED to handover Rs 4,025 crore worth of Bhushan Power & Steel properties to JSW Steel  

The Supreme Court on December 13 directed the Enforcement Directorate (ED) to handover to JSW Steel the debt-ridden Bhushan Power & Steel’s properties worth Rs 4,025 crore that were provisionally attached in 2019 in connection with a money laundering probe linked to an alleged bank loan fraud by the erstwhile management.   A bench presided…

Personal finance expert breaks down the No. 1 rule on the road to becoming a millionaire

Personal finance expert breaks down the No. 1 rule on the road to becoming a millionaire

Personal finance expert and ‘The Ramsey Show’ co-host Rachel Cruze discusses the reasons why Americans are retiring sooner than planned and how to save for a comfy retirement.  If you want to set yourself up for success in retirement, personal finance expert and “The Ramsey Show” co-host Rachel Cruze explains the top rule to help…

What Bob Lighthizer’s absence could mean for US trade policy By Investing.com

What Bob Lighthizer’s absence could mean for US trade policy By Investing.com

Investing.com — Reports last week suggested that Robert Lighthizer might not be taking on a role in the upcoming Trump administration. This development was unexpected, given that Lighthizer was a key figure behind the tariff strategies introduced during Trump’s first term and shared the President-elect’s firm stance on trade negotiations. In a recent note, Deutsche…