Business

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With Trump Win Boosting Stocks, Investors Hunt for Next Winners

(Bloomberg) — For investors looking past the initial risk-on rally in US equities following Donald Trump’s decisive election victory, now comes the hard part. Most Read from Bloomberg The Republican president-elect made plenty of campaign promises: steep tariffs, tax cuts, business-friendly deregulation and tighter immigration laws, to name some. For …

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3 Top Artificial Intelligence Stocks to Buy in November

Nearly every technology company touts its artificial intelligence credentials these days. I don’t blame them, considering AI is a valuable addition to many software and services. But just because tons of companies are quickly integrating AI into their offerings, it doesn’t mean they’re top AI stocks. Instead, you should look …

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Bitcoin on Cusp of $80,000 for First Time on Optimism Over Trump

(Bloomberg) — Bitcoin is closing in on $80,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers. Most Read from Bloomberg The cryptocurrency climbed as much as 4.3% to an unprecedented $79,771 on Sunday and remained near …

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Foreign Firms Pull More Money From China’s Slowing Economy

(Bloomberg) — Foreign companies pulled more money from China last quarter, a sign that some investors are still pessimistic even as Beijing rolls out stimulus measures aimed at stabilizing growth. Most Read from Bloomberg China’s direct investment liabilities in its balance of payments dropped $8.1 billion in the third quarter, …

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US Inflation Progress Gets Harder in Last Mile Down

(Bloomberg) — US inflation probably moved sideways at best in October, highlighting the uneven path of easing price pressures in the home stretch toward the Federal Reserve’s target. Most Read from Bloomberg The core consumer price index due on Wednesday, which excludes food and energy, likely rose at the same …

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