Trump’s Truth Social Post Spurs Stock Surge, Boosts His Wealth By $500 Million
President-elect Donald Trump’s social media stock rebounded dramatically after a post on Truth Social, reportedly adding a half billion dollars to his net worth. Following a 42% drop since Wednesday’s peak, Trump…
Atmospheric rivers boosts California’s hydropower supplies
By Nicole Jao NEW YORK (Reuters) – A pair of atmospheric rivers that drenched California in recent weeks will bolster the state’s hydropower systems by filling reservoirs and building up snowpack levels…
Nvidia hits record high as Goldman Sachs boosts PT on AI prospects
(Reuters) -Nvidia’s shares scaled a new peak on Monday after Goldman Sachs raised its price target for the high-flying chipmaker’s stock in anticipation of a major boost to its earnings from the…
Fulfill Boosts Local Pantry Operations with New Van Donations
TOMS RIVER, NJ – Fulfill, a prominent food bank in New Jersey, recently enhanced its operations by donating five new 2023 Ram ProMaster vans to local pantries. This significant move, funded by…
S&P 500, Nasdaq climb as fresh data boosts rate-cut bets again
By Johann M Cherian and Shristi Achar A (Reuters) – The benchmark S&P 500 and the Nasdaq rose on Friday after services sector data pointing to a weaker economy raised bets of…
Berkshire Hathaway boosts stake in Occidental Petroleum to about 28%
(Reuters) – Warren Buffett-led Berkshire Hathaway has acquired 5.2 million shares of Occidental Petroleum Corp, bringing its stake in the oil company closer to 28%, according to a regulatory filing on Thursday.…
China central bank boosts liquidity offering via policy loans, rate unchanged
SHANGHAI/SINGAPORE (Reuters) – China’s central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Friday, matching market expectations. Despite the steady policy…
Mining boosts Australia business investment to 8-year high, outlook upbeat
By Wayne Cole SYDNEY (Reuters) – Australian business investment rose to an eight-year high in the September quarter thanks to a rebound in mining, while plans for future spending were upgraded in…
Deutsche Bank boosts Asia bets as clients seek Wall Street alternative -CEO
By Selena Li HONG KONG (Reuters) – Deutsche Bank is investing more in Asia Pacific markets to woo clients seeking European lenders amid Sino-U.S. tensions and to profit from the region’s higher…
Mitsubishi Heavy expects record defence orders as Japan boosts military
TOKYO (Reuters) – Mitsubishi Heavy Industries has doubled its forecast for defence orders to a record 1.6 trillion yen ($10.7 billion) in the current financial year, it said on Monday, as Japan…
Camden’s Urban Enterprise Zone Boosts Small Business Growth with Over $2M Investment
TRENTON, NJ — The Urban Enterprise Zone Authority (UEZA), under the New Jersey Department of Community Affairs, has announced significant advancements in Camden’s economic landscape, propelled by an investment exceeding $2 million…
Kimberly-Clark boosts profit target for third time as price hikes pay off
(Reuters) – Kimberly-Clark lifted its annual profit forecast for the third time this year after its quarterly profit beat estimates on Tuesday, backed by higher prices and resilient demand for personal care…
US boosts Middle East firepower in case Israel-Hamas war spreads
By Nandita Bose, Humeyra Pamuk and Steve Holland WASHINGTON/CAIRO (Reuters) – The United States is bolstering its firepower in the Middle East to prevent the spread of the conflict between Israel and…
Hackensack Police Boosts Security Around Religious Establishments Amid Rising Hate Crimes
In response to an unsettling increase in hate crimes and growing global tensions, the Hackensack Police Department has announced plans to ramp up its security measures around various religious establishments in the…
FX clampdown boosts Pakistani rupee 6.1% to become September’s top currency
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan’s rupee has gained 6.1% against the dollar so far in September, following an official clampdown on illegal foreign exchange trade in grey and black…
Coty boosts core sales forecast as price hikes, strong beauty demand help
(Reuters) – Coty on Wednesday raised its annual core sales forecast on the back of higher pricing and strong demand as customers splurge on its high-end and affordable cosmetics and fragrances. The…
China boosts liquidity with medium-term policy tool
SHANGHAI/SINGAPORE (Reuters) -China’s central bank rolled over maturing medium-term policy loans while keeping the interest rate on them unchanged on Friday, boosting liquidity after a similar move the previous day. Market participants…
Lennar profit beats as tight home supply boosts construction demand
(Reuters) -Homebuilder Lennar on Thursday reported third-quarter profit above Wall Street targets as historically low home inventories in the market supported demand for new constructions while easing supply-chain snags helped improve delivery…
Lower inflation boosts UK consumer mood: GfK
LONDON (Reuters) – British consumers’ mood perked up this month as lower inflation made individuals less downbeat about the outlook for their personal finances, although sentiment remained poor overall due to concern…
Analysis-Fed decoupling boosts emerging market stocks, cools currencies
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global decoupling in the direction…
Taiwan boosts counter-espionage effort after suspected China infiltration
TAIPEI (Reuters) – Taiwan’s military vowed on Wednesday to step up counter-espionage efforts as authorities investigated several serving and former military officers suspected of spying for China. China, which is pressing the…
Loews profit more than doubles as market rebound boosts investment returns
(Reuters) – Loews Corp said on Monday its second-quarter profit more than doubled as a jump in investment income cushioned a hit from higher catastrophe losses in its insurance unit, CNA Financial.…
Paris success in attracting London banks boosts balance of payments
PARIS (Reuters) – France’s post-Brexit success in attracting banks from London to Paris has exceeded expectations and is increasingly showing up in the country’s balance of payments, the central bank said on…
Amazon’s ‘biggest ever’ Prime Day boosts US online sales to $12.7 billion
By Granth Vanaik (Reuters) -U.S. online sales during Amazon.com’s Prime Day shopping event rose 6.1% to $12.7 billion from last year, as inflation-hit Americans hunted for discounts on the e-commerce platform, Adobe…
Hong Kong’s easing of mortgage rules boosts home visitors, but not deals
By Clare Jim HONG KONG (Reuters) – Hong Kong’s move to raise the maximum mortgages available to some homebuyers, its first relaxation in curbs on home purchases adopted in 2009, boosted shopping…
Boeing boosts 20 year outlook for planes due to narrowbody demand
By Valerie Insinna PARIS (Reuters) – U.S. planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled by demand from low-cost…
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