BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…
Wall Street is bracing for Donald Trump’s first 100 days as he returns to the White House. Some experts are anticipating a slew of executive orders right from the start. Taxes, tariffs, deregulation, and the national deficit are top of mind for money managers. The stock market rejoiced after the November election results as investors…
Trump’s second term won’t be the rocket fuel for stocks some expect, Capital Economics said on Friday. However, AI enthusiasm will drive the S&P 500 to reach 7,000 at the end of 2025, the firm said. Trump’s tax, deregulation, and tariff proposals might disappoint the market. Thanks for signing up! Access your favorite topics in…
Hello, Quartz members, and welcome to Sunday Reads! Donald Trump is back, and like him or loathe him, you’ll be living in his world for the next four years. So pull up a chair and take a read of some of our best stories of the week, plus a look at what’s coming next week….
Hong Kong’s recent tax cut on liquor has generated more interest in high-end alcoholic products, according to some merchants at the city’s annual wine and spirits expo. The Hong Kong International Wine and Spirits Fair launched on Thursday, with the three-day event at the Convention and Exhibition Centre in Wan Chai bringing together more than…