Fifth suspect arrested in 2024 Hackensack drive-by shooting investigation
HACKENSACK, N.J. — A fifth man has been arrested in connection with a drive-by shooting that occurred in Hackensack last year, Bergen County Prosecutor Mark Musella announced Friday. TAHJEE H. GOODWIN, 35,…
Goldman Sachs sees S&P 500 hitting 5,100 in 2024, boosting forecast
By David Randall NEW YORK (Reuters) – Goldman Sachs raised its 2024 S&P 500 target by 8% to 5,100, forecasting a tailwind for U.S. stocks from falling inflation and declining interest rates.…
Where is democracy headed in 2024? Trump may have the final word
By Mark Bendeich (Reuters) – Russia’s Vladimir Putin looks set to remain in power until at least 2030; India’s Narendra Modi seems certain to extend his rule to 2029; and Donald Trump…
CBO projects 1.5% U.S. GDP growth in 2024, 4.4% jobless rate
(Reuters) – The Congressional Budget Office projects U.S. economic growth to slow to 1.5% in 2024, with the unemployment rate seen rising to 4.4% next year from what it estimates will be…
Chinese Financial System Poised To Hemorrhage Even More Foreign Cash In 2024, Report Says
Chinese Financial System Poised To Hemorrhage Even More Foreign Cash In 2024, Report Says Will Kessler on December 13, 2023 Foreign investors are expected to pull $65 billion in capital out of…
Jack Smith’s Only Aim Is To ‘Rush’ A Trial That Prevents Trump From Winning In 2024, Trump’s Lawyers Allege
Jack Smith’s Only Aim Is To ‘Rush’ A Trial That Prevents Trump From Winning In 2024, Trump’s Lawyers Allege Katelynn Richardson on December 12, 2023 Special Counsel Jack Smith’s only aim is…
South African inflation to slow in 2024- Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – Inflation in South Africa will slow next year as global trends weighing on prices’ growth combine with weak domestic consumer spending, a Reuters poll found. From…
Philippine central bank done with rate hikes; first cut seen in Q3 2024, same as Fed
By Anant Chandak BENGALURU (Reuters) – The Philippine central bank will leave its key interest rate unchanged at 6.50% for a second time on Thursday thanks to cooling inflation and an improving…
Taiwan central bank seen standing pat this week and all of 2024- Reuters poll
TAIPEI (Reuters) – Taiwan’s central bank is expected to leave its policy rate unchanged this week as inflation gradually cools and indeed keep it steady for all of next year, according to…
Citi strategists upbeat on US stocks in 2024, fueled by earnings
By Lewis Krauskopf NEW YORK (Reuters) – The S&P 500 is poised for solid gains next year on strong earnings growth and a broadening of the stock market’s rally, strategists at Citigroup…
Most EM currencies to rebound in 2024, ‘carry trades’ still attractive: Reuters poll
By Vuyani Ndaba and Devayani Sathyan JOHANNESBURG/BENGALURU (Reuters) – Most emerging market currencies will recover 2023 losses and trade modestly higher against the dollar next year as bets on interest rate cuts…
BoC to cut rates starting in Q2 2024, house prices seen flat in 2024: Reuters poll
By Mumal Rathore BENGALURU (Reuters) – The Bank of Canada will start cutting interest rates in the second quarter of next year as inflation and the economy slow, according to economists polled…
German GDP to expand in 2024, but court ruling could lower growth – OECD
BERLIN (Reuters) – The German economy is projected to grow by 0.6% in 2024 and 1.2% in 2025, after contracting slightly in 2023, according to forecasts from the Organisation for Economic Cooperation…
In 2024, Republican EV attacks may fall short as swing states reap investment
By Gram Slattery and Nichola Groom WASHINGTON (Reuters) – Electric vehicles are a “hoax,” they do not work, and they are strengthening China’s economy at the expense of American jobs. Those are…
‘Vacuum Up Its Cash’: Why Is Nikki Haley Courting Wall Street Ahead Of 2024?
‘Vacuum Up Its Cash’: Why Is Nikki Haley Courting Wall Street Ahead Of 2024? Mary Lou Masters on November 23, 2023 Former U.N. Ambassador Nikki Haley has been engaging with Wall Street…
BOJ to end negative interest rates in 2024, over 80% of economists say – Reuters poll
By Satoshi Sugiyama TOKYO (Reuters) – The Bank of Japan will end its negative interest rate policy next year, more than 80% of economists in a Reuters poll said, with more convinced…
Exclusive-China govt advisers call for steady growth target in 2024, more stimulus
By Kevin Yao BEIJING (Reuters) – Chinese government advisers will recommend economic growth targets for next year ranging from 4.5% to 5.5% to an annual policymakers’ meeting, as Beijing seeks to create…
Stocks to outperform fixed income in 2024, says Barclays
(Reuters) – Global equities are set to outperform core fixed-income assets next year, as threats of a global economic slowdown have declined, Barclays strategists said in a note on Thursday. They pointed…
South Korea economic growth to exceed potential rate in 2024, Yoon says
SEOUL (Reuters) – South Korean President Yoon Suk Yeol said on Tuesday the economy in 2024 would exceed the potential growth rate after picking up pace in the second half of 2023,…
Poll Shows Inflation to Rise in 2024, Impacting New York, New Jersey Consumers
NEWARK, NJ – There is no relief from inflation in sight, especially for consumers in New York and New Jersey, two of the states where the cost of living is already among…
BOJ to end negative interest rates in 2024, more economists say- Reuters poll
TOKYO (Reuters) – The Bank of Japan will end its negative interest rate policy next year, according to nearly two-thirds of economists in a Reuters poll, with more now saying the central…
Bank Indonesia to stay put till year-end, cut in Q2 2024: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Bank Indonesia (BI) will follow its regional peers and leave its interest rate unchanged on Oct. 19, staying on the sidelines for longer than…
UK set to have weakest growth among G7 in 2024, IMF forecasts
LONDON (Reuters) – Britain is set to have the slowest-growing economy among the Group of Seven nations next year – when the country is likely to choose a new government – according…
BOJ will end negative interest rates in 2024, most economists say: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – The Bank of Japan will end its negative interest rate policy next year, the majority of economists said in a Reuters poll, as the market has…
S.Africa’s Reserve Bank to hold rate at Sept 21 meeting, chop 75 bps in 2024: Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – South Africa’s Reserve Bank will keep interest rates steady at 8.25% at its Sept. 21 meeting to curb the impact of fuel price inflation, according to…
Global house price downturn fades, most markets to rise in 2024: Reuters poll
By Hari Kishan BENGALURU (Reuters) – The recent downturn in global property prices is mostly over with average home prices in major markets now expected to fall less than anticipated at the…
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