Author: Press Room
White House officials on Sunday shrugged off weekend polling that showed President Biden trailing former President Donald J. Trump, even as Democrats said they were increasingly worried about Mr. Biden’s chances in 2024.The new polling from The New York Times and Siena College found Mr. Biden losing in one-on-one matchups with former President Donald J. Trump in five critical swing states: Arizona, Georgia, Michigan, Nevada and Pennsylvania. Mr. Biden is ahead by two percentage points in Wisconsin.Although the polling is worrisome for the president, Mr. Biden still has a year to campaign, which his team emphasized on Sunday. They noted…
Last week’s powerful action rescued the stock and bond market bulls. The Viper Report’s Tom Aspray shares hit technical readings for bonds, stocks, and sectors.
Stay informed with free updatesSimply sign up to the Global Economy myFT Digest — delivered directly to your inbox.Good morning. US secretary of state Antony Blinken told the Palestinian Authority president Mahmoud Abbas that the US saw the PA as “playing a central role” in any post-Hamas government in Gaza, a US official said.The official was speaking after Blinken held talks with Abbas in the occupied West Bank yesterday during his second trip to the region since Israel declared war on Hamas, the Palestinian militant group.But Abbas said the PA would only assume power in Gaza, which Hamas has controlled…
© Reuters. A pedestrian looks at his phone as he walks past a logo for Australia’s Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS/David Gray/file photo By Roushni Nair (Reuters) -Australia’s Westpac Banking (NYSE:) Corp on Monday slightly missed expectations while posting a 26% rise in annual profits due to growth across its key markets, though the lender warned challenges in its operating environment would continue into fiscal 2024. Westpac also said it had started an A$1.5 billion ($975.60 million) share buyback. The company joins its smaller peer Macquarie Group (OTC:), which announced…
© Reuters. FILE PHOTO: A logo of DBS bank is seen in Taipei, Taiwan, January 28, 2022. REUTERS/Ann Wang/File Photo SINGAPORE (Reuters) -Singapore’s biggest bank DBS Group (OTC:) reported on Monday a 18% jump in net profit in the third quarter from a year earlier as total income grew on higher interest margin and commercial book non-interest income. DBS, which is also Southeast Asia’s largest lender by assets, said July-September net profit rose to S$2.63 billion ($1.94 billion) from S$2.24 billion a year earlier. This beat the mean estimate of S$2.5 billion from four analysts polled by LSEG. ($1 =…
Redwire Q3 2023 Earnings Preview
Ukrainian President Volodymyr Zelenskyy on Sunday invited former President Donald Trump to visit the war-torn nation.Appearing on NBC’s “Meet the Press,” Zelenskyy made the invitation to Trump in response to the current GOP front-runner’s promise to end the war in Ukraine within 24 hours if reelected.”I invite President Trump. If he can come here, I will need … 24 minutes to explain to President Trump that he can’t manage this war,” Zelenskyy said. “He can’t bring peace because of Putin.””He’s very welcome,” Zelenskyy added, falling short of answering host Kristen Welker’s question if Trump would “have Ukraine’s back” if reelected…
Bill Ackman sent a letter to Harvard President Claudine Gay on Saturday.He called for suspensions and disciplinary action to curb anti-Israel and antisemitic activity.Ackman previously called on Harvard to name the students behind a letter critical of Israel. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Billionaire hedge fund manager Bill Ackman is calling for suspensions and stronger disciplinary action at Harvard in the latest escalation of his campaign against what he describes as ‘”antisemitism” at his alma mater. Ackman said that after meeting with…
Stay informed with free updatesSimply sign up to the Management consulting myFT Digest — delivered directly to your inbox.The world’s most prestigious consulting firms have frozen US starting salaries for new graduates, as a war for talent that sent pay soaring after the pandemic gives way to tougher competition for jobs.McKinsey and BCG are among the firms holding salaries at 2023 levels for undergraduate and MBA students taking up positions next year, according to people familiar with the matter.That stands in stark contrast with the situation a year ago, when firms raised salaries by the largest amount in more than…
© Reuters. FILE PHOTO: A man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing, China, February 3, 2020. REUTERS/Jason Lee/File Photo By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia is poised to start this week as it finished last week, with risk assets and investor sentiment buoyed by growing confidence in the U.S. economic ‘soft landing’, and easing financial conditions from the slide in the dollar and U.S. bond yields. The regional economic and policy events calendar…