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Home Depot co-founder Bernie Marcus dies

Bernie Marcus, the co-founder of Home Depot who became a billionaire philanthropist and GOP donor, has died at the age of 95….
Investing

Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

Yum Brands on Tuesday reported quarterly earnings and revenue that missed Wall Street’s expectation as same-store sales at KFC and Pizza Hut slid more than…
Investing

Tesla, Bitcoin and Truth Social boom in election aftermath

The value of assets tied to Donald Trump — and those likely to benefit under his administration — surged in the wake…
Investing

Nvidia passes Apple as world’s most valuable company

Nvidia passed Apple in market cap on Tuesday becoming, for a second time, the most valuable publicly traded company in the world. Nvidia rose nearly…
Editor's Pick

Synthetic: Definition in Finance, Types of Assets

What Is Synthetic? Synthetic is the term given to financial instruments that are engineered to simulate other instruments while altering key characteristics,…
Economy

Europe’s banks brace for tougher competition under Trump 2.0

By Sinead Cruise and Tommy Reggiori Wilkes LONDON (Reuters) – European banks face an even tougher task to close an earnings gap…
Economy

US money market funds saw significant demand before US elections

(Reuters) – U.S. investors moved large amounts of money to the safety of money market funds in the week to Nov. 6…
Economy

Trump adds to internal strife hindering EU competitiveness push

By Philip Blenkinsop and Anita Komuves BUDAPEST (Reuters) – The European Union’s task of boosting competitiveness to catch up with rivals the…
Economy

India inflation to rise further to 5.81% on rising food costs: Reuters poll

By Anant Chandak and Rahul Trivedi BENGALURU (Reuters) – Consumer price inflation in India climbed to a 14-month high of 5.81% in…
Economy

US consumer sentiment rises in November, UMich says

(Reuters) – U.S. consumer sentiment rose to a seven-month high in early November, with a measure of households’ expectations for the future…
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