Business

A look at the day ahead in European and global markets from Ankur Banerjee Investors broadly took the U.S. presidential debate between Donald Trump and Kamala Harris in stride where details were scarce but jabs aplenty. The spotlight though belonged to Taylor Swift, who right after the debate endorsed Harris. …

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(Bloomberg) — In May, China’s central government urged more than 200 cities to buy unsold homes to ease oversupply. More than three months later, only 29 have heeded the call. Most Read from Bloomberg The glacial pace of implementation — driven in large part by the unattractive economics of the …

(Bloomberg) — Asian stocks slipped Wednesday on growth concerns ahead of a US inflation report and as traders weighed the knock-on effects of the presidential debate. The yen strengthened after a Bank of Japan board member signaled more interest-rate increases. Most Read from Bloomberg A gauge for the region’s equities …

Ian Ross Pettigrew/Getty, Tyler Le/BI The S&P 500 probably isn’t hitting fresh highs anytime soon, according to Wells Fargo. A handful of headwinds will keep a lid on further gains, strategists said. The bank pointed to concerns surrounding a potential recession, AI, and geopolitical uncertainty. The stock market’s long winning …

Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BI Nvidia stock has a lot more room to run, according to Dan Niles. The Niles Investment founder compared Nvidia to Cisco prior to the peak of the dot-com bubble. Nvidia shares could double in the next couple of years, …

GameStop Earnings Reveal Surprise Profit, Stock Drops Source link

(Bloomberg) — Since declaring himself the winner of July’s presidential vote, Venezuela’s Nicolás Maduro has been condemned by governments across the world, targeted by massive street protests and spurned by some of his closest allies. Most Read from Bloomberg Now, a new problem is emerging for the authoritarian leader: The …

Jeff Bezos’ $80M Gulfstream G700: What Does This Purchase Say About Billionaire Spending? Amazon founder Jeff Bezos recently purchased a new $80 million ride: a Gulfstream G700. This advanced private jet – boasting cutting-edge tech, a spacious cabin, and exceptional range – adds yet another item to the billionaire’s list …

A contract dispute between Disney (DIS) and DirecTV still has not reached a conclusion after the media giant pulled its owned and operated channels, including ESPN and ABC, off DirecTV last week. The media blackout has already affected the start of the NFL season, including the first Monday Night Football …