US Treasury, IRS to close $50 billion tax loophole on partnerships By Reuters

WASHINGTON (Reuters) – The U.S. Treasury and Internal Revenue Service said on Monday they will close…

Oil demand on the rocks By Investing.com

Oil prices face downward pressure due to a surge in global inventories and slowing demand growth,…

Cathie Wood’s ARK trades RBRK, TDOC, and ZM stock on Wednesday By Investing.com

Cathie Wood’s ARK ETFs published their daily trades for Wednesday, June 12th, 2024, revealing a mix…

Berkshire Hathaway sells $39.8 million of shares in China’s BYD By Reuters

BEIJING (Reuters) -Warren Buffett’s Berkshire Hathaway (NYSE:) has sold 1.3 million Hong Kong-listed shares of EV…

Citi maintains target on Palo Alto Networks stock, reiterates Buy By Investing.com

On Monday, Citi reaffirmed its Buy rating on shares of Palo Alto Networks (NASDAQ:) with a…

ECB’s Lane confident of hitting inflation goal despite noisy data By Reuters

LONDON (Reuters) – The European Central Bank is confident that inflation will fall back to its…

Analysis-Global central banks recalibrate as the big policy easing of 2024 fizzles By Reuters

By Howard Schneider and Francesco Canepa WASHINGTON (Reuters) – Six months ago the world’s major central…

Currencies consolidate as dollar steadies, euro hangs near one-month low By Reuters

By Brigid Riley TOKYO (Reuters) -The dollar was firm on Monday as the euro hovered near…

China fails to cheer, as France scores own goal By Reuters

A look at the day ahead in European and global markets from Wayne Cole. A muted…

China’s May industrial output misses forecasts, retail sales a bright spot By Reuters

BEIJING (Reuters) – China’s May industrial output lagged expectations with the property sector still weak, adding…