China Investors Expect $283 Billion of New Stimulus This Weekend
Posted on Friday October 11, 2024

Investors and analysts are expecting China to deploy as much as 2 trillion yuan ($283 billion) in fresh fiscal stimulus as Beijing seeks to shore up the world’s No. 2 economy and boost confidence.

The Fed is finally cutting rates, but banks aren't in the clear just yet
Posted on Friday October 11, 2024

When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.

Hurricane Milton Brings Flooding to Much of Florida
Posted on Friday October 11, 2024

As skies began to clear across Florida Thursday, they offered a first glimpse of Hurricane Milton’s devastating toll; millions without power, crops damaged, homes destroyed and at least 10 people dead.

Delta says travelers are trading scorching summer Europe trips for fall getaways
Posted on Friday October 11, 2024

Delta and other airlines have said many travelers have been booking Europe trips after the traditional summer peak.

Chinese Shares Slide With Focus on Policy Briefing: Markets Wrap
Posted on Friday October 11, 2024

Chinese stocks fell in early trade, underperforming their Asian peers as caution grows ahead of a key weekend briefing that may shed more light on Beijing’s fiscal stimulus.