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Ratings agency Moody’s downgraded France’s credit rating from ‘Aa2’ to ‘Aa3’, a shift that reflects growing concerns over the country’s economic outlook amidst political instability.
The rebuke just came hours after President Emmanuel Macron appointed François Bayrou as the new
#Moodys #cuts #France #rating #political #turmoil #waning #finances
Federal Reserve Chair Jerome Powell surprised markets on Wednesday evening.Jacquelyn Martin/AP The Federal Reserve cut its benchmark interest rate Wednesday to between 4.25% and 4.5%. The central bank also projected two cuts next year instead of four, sending stocks tumbling. Many analysts see the reaction as overdone. The Federal Reserve cut its benchmark interest rate…
Investing.com — In a recent note, Bank of America outlined 14 key lessons from 2024 that investors should keep in mind as they head into 2025, warning that market momentum and stretched valuations could face headwinds in the year ahead. While this year resembled the steady gains of 1996-97, rather than the bubble peaks of…
MDB Capital president and chief marketing strategist Lou Basenese joins ‘Cavuto: Coast to Coast’ to discuss Disney’s recent turnaround. Walt Disney World is hoping to attract visitors to its Orlando resort this summer with a limited-time offer. Beginning on Jan. 2, guests purchasing select Walt Disney World vacation packages for 2025 can enjoy a free…
For much of the last two years, big tech has dominated the storyline revolving around artificial intelligence (AI). “Magnificent Seven” members Microsoft, Amazon, and Alphabet have invested billions into the likes of ChatGPT creator OpenAI and perhaps its biggest rival, Anthropic. Meanwhile there is Tesla, Elon Musk’s brainchild that’s looking to bring self-driving cars and…
The president-elect is hoping to avoid “extraordinary measures” that would push a deadline to default on the U.S.’s debt during the early months of his administration. Read More #Trump #admits #prefer #eliminate #debt #ceiling #Biden #avoid #heat #government #borrowing
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