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  • Published on Nov 23, 2024

    Trump Makes His Pick for Treasury Secretary

    President-elect Donald J. Trump announced that Scott Bessent will be nominated to head the Treasury Department, tasked with the monumental challenge of guiding the nation out of the mess left behind by Joe Biden and his band of incompetents. Bessent is …

    Source: Townhall - Right-wing
  • Published on Nov 23, 2024

    Trump to offer treasury secretary position to billionaire Scott Bessent

    (CNN) — President-elect Donald Trump has offered the treasury secretary position to billionaire Scott Bessent, according to two sources familiar with the matter. Bessent, 62, advised Trump on economic policy on the campaign trail and is the founder of …

    Source: WISH 8 - Indiana - Neutral
  • Published on Nov 23, 2024

    Investor.Coffee (11.20.2024): Bitcoin Reaches an All-Time High

    Good morning Investor.Coffee Daily Readers! U.S. and Canadian futures are higher this morning as investors await Nvidia’s quarterly earnings report, a potential market-moving event. The U.S. dollar climbed from a one-week low, while the Japanese yen …

    Source: Skillings Mining Review - Florida - Label Pending
  • Published on Nov 23, 2024

    Trump picks billionaire Scott Bessent to lead Treasury in flurry of nominations

    Donald Trump has nominated the hedge fund manager Scott Bessent to lead the Treasury department after a flurry of nominations on Friday night.Bessent, the 62-year-old founder of the investment firm Key Square Group, will be tasked with implementing the …

    Source: The Times - Center-right
  • Published on Nov 23, 2024

    President-elect Trump chooses Scott Bessent to be Treasury secretary

    President-elect Donald Trump has offered the Treasury secretary position to billionaire Scott Bessent, according to two sources familiar with the matter.Bessent, 62, advised Trump on economic policy on the campaign trail and is the founder of hedge fund …

    Source: WMTW 8 - Maine - Neutral
  • Published on Nov 22, 2024

    Trump names billionaire Scott Bessent as Treasury secretary pick

    By Kristen Holmes, Sara Murray, Elisabeth Buchwald and Tami Luhby, CNN (CNN) — President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury. “Scott has long been a strong advocate …

    Source: KVIA - Texas - Neutral
  • Published on Nov 22, 2024

    Trump nominates Scott Bessent for Treasury secretary

    Trump nominated Scott Bessent, a billionaire investor, for Treasury secretary. Bessent spent years working for George Soros before founding a hedge fund. He's signaled support for many of Trump's proposals, including deregulation and tariffs. …

    Source: Business Insider - Neutral
  • Published on Nov 22, 2024

    Global Markets Rise as Wall Street Gains on Nvidia Earnings, Bitcoin Nears $99,000

    HONG KONG – World stock markets climbed on Friday, mirroring Wall Street’s upward trajectory driven by robust earnings from Nvidia and a rally in cryptocurrency, as bitcoin surged close to the $99,000 mark. In Europe, Britain’s FTSE 100 rose 0.7% to 8,204. …

    Source: The Zimbabwe Mail - Neutral
  • Published on Nov 22, 2024

    U.S. stock markets end at week's highs, Dow Jones up 426 points

    NEW YORK, New York - U.S. stocks made solid gains on Friday with all indice sperforming strongly and ending at week highs. "Investors are rotating out of the previous high flyers of large-cap communication services and technology and into other …

    Source: Big News Network - Label Pending
  • Published on Nov 22, 2024

    Fed: Elevated asset valuations could threaten financial stability

    A combination of elevated asset values and low market liquidity could leave the U.S. financial system vulnerable to shocks, according to a report from the Federal Reserve. In its biannual financial stability report, the central bank noted that equities and …

    Source: American Banker - New York - Neutral
  • Published on Nov 22, 2024

    Bangladesh may receive $1.1b ADB, WB aid in December

    Bangladesh may receive US$1.1 billion in December from two major financiers in much-awaited budget-funding credits as negotiations are capped with consent, officials said Friday, while search is on for boosting forex reserves. The Asian Development Bank ( …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on Nov 22, 2024

    Rupee gains 20 paisa against USD

    Pakistani rupee on Friday appreciated by 20 paisa against the US dollar in the interbank trading and closed at Rs 277.75 against the previous day’s closing of Rs 277.95. However, according to the Forex Association of Pakistan (FAP), the buying and selling …

    Source: Daily Times - Center-left
  • Published on Nov 22, 2024

    Yen gains on stronger Japan inflation, stimulus package

    USDJPY was trading a touch lower in the 154.30s on Friday as the Japanese Yen strengthened against the Dollar due on higher-than-expected macroeconomic data, and Tokyo’s announcement of a $250 billion economic stimulus package. The Yen’s gains are …

    Source: Financial Mirror - Neutral
  • Published on Nov 22, 2024

    Euro falls to two-year low after soft PMI data

    TOKYO :The euro plunged to a two-year low on Friday after data showed a tumble in euro zone business activity, and caused markets to up bets on ECB rate cuts, while bitcoin hit a record high just shy of $100,000. The common currency dipped over 1 per cent …

    Source: Channel News Asia - Pro-Government
  • Published on Nov 22, 2024

    Dollar climbs to 13-month peak, bitcoin eyes $100,000

    TOKYO :The U.S. dollar edged up to a fresh 13-month high on Friday, with little to stop the greenback's momentum as investors assessed the outlook for the Federal Reserve's interest rate path, while bitcoin hit a record high and neared the $100,000 …

    Source: Channel News Asia - Pro-Government
  • Published on Nov 22, 2024

    Japan's October headline inflation rate falls, but economists still see BOJ rate hike on the table

    A market in Tokyo in June 2023. Richard A. Brooks | Afp | Getty Images Japan's headline inflation rate slipped to 2.3% in October, its lowest level since January and down from the 2.5% seen in September. The core inflation rate, which excludes fresh …

    Source: CNBC - Neutral
  • Published on Nov 22, 2024

    Pound tumbles to 6-month low after UK business output shrinks in November

    The pound plunged on Friday as economic data revealed a contraction in UK business output in November for the first time in over a year, alongside a sharper-than-expected decline in October retail sales. Sterling dropped to its lowest level against the …

    Source: Firstpost - Center-right
  • Published on Nov 22, 2024

    EUR: Euro falls to two-year low

    The euro fell to a two-year low and sterling also tumbled after data on Friday showed major declines in business activity in both markets, while bitcoin hit a record high just shy of $100,000. The common currency dipped more than 1% at one point to its …

    Source: ARY News - Label Pending
  • Published on Nov 22, 2024

    US Dollar climbs, euro weakens to two-year low

    NEW YORK: The euro fell to a two-year low while the US Dollar (USD) gained on Friday after gauges of business activity were released in each region, while bitcoin again hit a record high as it continued its ascent towards the $100,000 mark. HCOB’s …

    Source: ARY News - Label Pending

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