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3 times sky-high market valuations ended in big corrections

Investing.com — Market exuberance has often led to dramatic corrections when valuations reached unsustainable highs.  Analysts at Deutsche Bank (ETR:DBKGn) Research have…
Stock

Adani Energy Solutions says no material impact from Kenya energy deal cancellation

(Reuters) – Adani Energy Solutions said on Saturday that Kenya’s cancellation of a $736 million transmission line project did not require it…
Stock

US SEC issues summons for India’s Adani, nephew on bribery allegations

(Corrects paragraph 1 to remove extraneous ‘the’) (Reuters) -The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam…
Investing

CFPB expands oversight of digital payments services including Apple Pay and Cash App

The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes…
Investing

SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement

Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald…
Economy

US SEC obtained record financial remedies in fiscal 2024, agency says

NEW YORK (Reuters) -The U.S. Securities and Exchange Commission obtained $8.2 billion in financial remedies, the highest amount in its history, in…
Economy

Brazil freezes spending at $3.33 billion to comply with fiscal rules

BRASILIA (Reuters) – Brazil’s government tightened spending controls late on Friday, freezing expenditure at 19.3 billion reais ($3.33 billion) to comply with…
Economy

What could Trump 2.0 mean for global trade?

Investing.com — A second Trump administration could bring significant shifts to global trade policy, signaling a return to the assertive and transactional…
Economy

What would it take for the Fed to pause rate cuts?

Investing.com — A more cautious tone from the Federal Reserve officials on further rate cuts and the recent swath of upbeat economic…
Economy

Trump taps Scott Bessent for Treasury, capping long drama over choice

By Steve Holland and Alexandra Ulmer (Reuters) -President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S….
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