Crunchmarkets’s info on the world of finance
“In a recent communication, Bank of America underscored 14 essential insights, derived from the financial trends of 2024, that market players should take into account as they gear up for 2025. The bank alerts about potential challenges that might stem from market momentum and overblown valuations in the approaching year. […]
The Consumer Financial Protection Bureau (CFPB) has recently filed a lawsuit against the operator of the Zelle payment network along with three leading U.S. banks – JPMorgan Chase, Bank of America, and Wells Fargo. The lawsuit, which emerged on Friday, accuses these companies of failing to thoroughly examine fraud complaints […]
Title: “Trading Trends in Asia: A Look at Friday’s Stock Market Performance” Asian stocks largely experienced a subdued performance on Friday, with most indices recording minor losses or remaining relatively flat due to the potential deceleration of interest rate cuts in the US. The market’s conservative approach was in response […]
The Wall Street’s anxiety index, often referred to as the VIX, experienced an unprecedented surge on Wednesday, recording the second-largest spike in its history. This substantial increase was triggered by the Federal Reserve’s announcement about reducing its rate-cutting efforts, which sent shockwaves through the stock market. The CBOE Volatility Index, […]
The electric vehicle battery manufacturing giant, Contemporary Amperex Technology Co Ltd (CATL), is reportedly contemplating a secondary listing in Hong Kong. If successful, the listing could generate a minimum of $5 billion, according to inside sources reported by Bloomberg. This move would make it the largest share sale in Hong […]
The headquarters of Commerzbank AG, located in Frankfurt’s financial district in Germany, were bustling with activity on Wednesday as UniCredit, Italy’s second-largest bank, announced it has elevated its prospective stake in Commerzbank to 28%. This move has been achieved by ramping up the use of derivatives, leading to speculation that […]
Headlined by Helen Coster and Jack Queen NEW YORK (Reuters) – Incoming President Donald Trump has initiated legal action against the Des Moines Register newspaper and its erstwhile chief pollster, just a day after he intensified his legal warnings against news organizations, hinting he might also contemplate suing social media […]
The latest research suggests that the widely used 4% rule for retirement savings might require some tweaking for 2025 due to prevailing market circumstances. The 4% rule is a retirement strategy that allows retirees to calculate the amount they can withdraw annually from their accounts without depleting their savings over […]
McCormick & Co. (NYSE:) is reportedly in negotiations to buy Sauer Brands Inc., a subsidiary of Falfurrias Capital Partners (WA:), according to Bloomberg on Monday evening. The acquisition could potentially amplify McCormick’s stake in the condiments sector. Sauer, renowned for its Duke’s mayonnaise brand, could be valued over a billion […]
Michael Saylor, the chairman and CEO of MicroStrategy, recently made headlines at the Bitcoin 2022 conference in Miami. The tech-focused MicroStrategy has seen its stock rise, especially after the Nasdaq announced that the bitcoin proxy would join the Nasdaq-100 index. This news saw MicroStrategy’s stock rise by over 3%. The […]
