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‘Trump trade’ returns for second week as bitcoin, Tesla, stocks surge

Cryptocurrencies and stocks, including Tesla, rallied Monday, picking up where they left off last week in the wake of the President-elect Donald…
Investing

Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult website on packaging

Thousands of Mattel’s “Wicked”-branded fashion dolls are flying off shelves, but not because of consumer demand. The toy company has been forced to pull…
Economy

German opposition leader Merz says debt brake can be reformed

By Andreas Rinke and Maria Martinez BERLIN (Reuters) – The leader of Germany’s conservative Christian Democrats (CDU) Friedrich Merz said he could…
Economy

ECB wants banks to better manage private equity risk

FRANKFURT (Reuters) – Euro zone lenders may not have a full understanding of their exposure to the quickly growing private credit and…
Economy

Bank of England’s Mann sees upward inflation risks

LONDON (Reuters) – High inflation in Britain has not been vanquished and there is a risk that some drivers of price growth…
Economy

Bundesbank’s Nagel: Trump tariffs could cost Germany 1% in economic output

BERLIN (Reuters) -New tariffs planned by U.S. President-elect Donald Trump could cost Germany 1% in economic output if they come into effect,…
Economy

Taiwan central bank sees peril in Trump tariffs

TAIPEI (Reuters) – Taiwan’s central bank warned on Wednesday that it sees peril in the proposed trade policies of the incoming administration…
Stock

Spirit Airlines stock plunges 60% on report it is preparing to file for bankruptcy protection

Spirit Airlines (NYSE:SAVE) stock has plummeted over 60% Wednesday after a Wall Street Journal report said the low-cost airline is preparing to…
Stock

Amgen shares pare losses as drugmaker sees no bone safety concerns in obesity drug

Investing.com – Shares in Amgen (NASDAQ:AMGN) rose in premarket US trading on Wednesday after the drugmaker said there was no link between the…
Stock

US Supreme Court to hear Nvidia bid to avoid securities fraud suit

By John Kruzel and Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court is set on Wednesday to hear arguments in Nvidia…
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