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Tax cuts, tariff hikes, labor supply curb by clamping down on immigrants -part of Trump's economic agenda bode ill for inflation: Summers. The economist, however, says it's difficult to predict the timing and the precise dynamics.
Ex-Treasury Secretary Larry Summers Warns Trump's Re-Election May Push Mortgage Rates Beyond 10%: 'Never Been A Presidential Platform So Self-Evidently Inflationary'
⏲ 0:58 👁 1.1M
Barstool Sports Founder Dave Portnoy launched a scathing attack on brokerage firm E*Trade in response to news that they are considering banning retail trader Keith Gill, aka \
Barstool Sports Founder Dave Portnoy Blasts E*Trade Amid Roaring Kitty Ban Considerations, Accuses Platform of Wanting 'to Work on Peasants'
⏲ 0:34 👁 145K
India Market Close | #Sensex falls below 74,000, #Nifty loses nearly 200 points. #NDTVProfitMarkets<br/><br/><br/>Niraj Shah and Tamanna Inamdar dissect key market trends and explore what's to come tomorrow on ‘India Market Close’. #NDTVProfitLive
India Market Close | Nifty Sensex Trade In Red | NDTV Profit
⏲ 0:0 👁 135K
Witness the aftermath of the Lok Sabha Election Results 2024 as Adani Group shares plummet by billions, sparking a bloodbath in the share market. Join Oneindia for in-depth analysis and real-time updates on the economic repercussions of this seismic political event. <br/> <br/>#NiftyGoesDown #NiftyToday #MarketNews #loksabharesult #loksabharesult2024 #loksabharesultlive #electionresults2024#2024electionresult #chunavresult #loksabhaelection2024 #loksabha2024 #bjp #congress #pmmodi #narendramodi #rahulgandhi #electionbreaking #electionnews #election2024 <br/><br/>~PR.274~ED.102~
Lok Sabha Election Results 2024: Adani Shares Lose In Billions, Bloodbath In Share Market | Oneindia
⏲ 3:9 👁 130K
ConocoPhillips has agreed to acquire Marathon Oil in an all-stock deal worth $17 billion. The acquisition will add 2 billion barrels of oil and gas resources to ConocoPhillips' portfolio across shale fields in Texas, New Mexico, and North Dakota. ConocoPhillips expects $500 million in annual cost savings from the deal through reduced administrative and operating expenses. The company plans $7 billion in share buybacks in the first year and $20 billion within three years post-deal. The transaction makes ConocoPhillips the third-largest US oil company by market cap of more than $130 billion.
ConocoPhillips to Acquire Marathon Oil in $17 Billion All-Stock Deal Making It the 3rd Largest US Oil Company
⏲ 0:42 👁 335K
Toyota's chairman apologized for cheating on certification and safety tests for seven car models and promised to correct any wrongdoings. His remarks coincided with a Japanese government investigation initiated earlier in the year, encompassing several car manufacturers. The scandal may not affect Toyota's non-Japanese market, but could pose a challenge in their home market. Toyota has temporarily stopped shipments and sales of three models produced in Japan. Other Japanese car companies have also admitted to improper vehicle testing and have halted production, but reassured customers of their safety.
Toyota's Chairman Apologizes for Cheating on Certification and Safety Tests Following Investigation by Japanese Government
⏲ 0:40 👁 120K
Award-winning micro brewer Big Niles, at Dalmeny on the NSW Far South Coast explain the process of canning their latest brew
Big Niles Brewing Company canning, 29-5,24, Bay Post
⏲ 1:25 👁 895K
Shares of Trump Media dropped 15% in extended trading following Former President Donald Trump's guilty verdict in New York. Trump owns 65% of shares in Trump Media, the company that owns the Truth Social app. Trump Media merged with shell company Digital World Acquisition Corp in March, sending its stock surging initially. The company has a market cap of around $9 billion, based largely on Trump's personal brand and following. In its first quarter, Trump Media reported a net loss of more than $320 million on less than $1 million in revenue.
Trump Media Shares Plummet 15% After Trump's Guilty Verdict
⏲ 0:37 👁 440K
Harris Farm Markets open at Canberra's Majura Park
Harris Farm Markets
⏲ 3:26 👁 7.5M
E-Trade is considering banning Keith Gill, known as \
E-Trade May Ban Keith Gill After GameStop Stock Surge as Roaring Kitty's Resurgence Reignites GameStop Frenzy
⏲ 0:36 👁 110K
Keith Gill, aka 'Roaring Kitty', seemingly held on to his large GameStop position even after a significant rally on Monday. GameStop shares surged over 20% during Monday’s session, with an intraday high of 70%. Gill posted a screenshot of his portfolio after the market closed on Monday, showing the same common stock and call option holdings as he did on Sunday evening. His holdings included 5 million shares of GameStop and 120,000 call options with a $20 strike price expiring on June 21. GameStop shares climbed about 4% in extended trading following his post. The value of his common stock stake increased from over $115 million to $140 million in one day.
Roaring Kitty Holds Onto Massive GameStop Position Despite Monday's Rally
⏲ 0:45 👁 110K
Eurozone inflation increased to 2.6% in May 2024 from 2.4% in April, as both headline and core inflation came in higher than economists expected. Services inflation, an important metric for the ECB, rose to 4.1%. Markets continued to fully price in an interest rate cut by the ECB at its June meeting, following signals from policymakers that a cut is likely. Inflation has cooled significantly from a peak of 10.6% in October 2022 but has remained below 3% for the past eight months. The euro was slightly higher against the dollar and pound after the inflation release.
Euro Zone Inflation Surges to 2.6% in May, Prompting Rate Cut Expectations
⏲ 0:43 👁 605K
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