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Shares of Insurance Australia Group rose 9% on Friday after the company bought reinsurance protection from a unit of Berkshire Hathaway and Canada Life Reinsurance in a bid to minimise financial fluctuations for the next five years. IAG noted that the reinsurance would effectively help limit the costs of natural perils to A$1.28 billion in FY25.
Meta Platforms broke out Thursday while software stocks led, extending June's big rebound. The Biden-Trump debate and Fed inflation gauge loom.
President Trump attacks President Biden’s record on the economy, saying he has only created work for “illegal immigrants” and “bounce-back jobs” from Covid-19. Biden counters that Trump was the first president since Herbert Hoover to leave office with an economy that comprised fewer jobs than when he started.
Donald Trump said that while he agreed with the decision to withdraw the U.S. military from Afghanistan – and intended to do so himself – the way the U.S. withdrew under President Biden’s leadership was “the most embarrassing day in the history of our country’s life.” Trump said his view was that the withdrawal needed to be done with “dignity, with strength, with power.” While the Biden administration’s chaotic 2021 withdrawal from Afghanistan was widely criticized, many experts have pointed to a decision taken by the Trump administration to release thousands of Taliban prisoners as part of peace talks as fueling the militant group’s takeover.
Bed Bath & Beyond's CEO testified she had concerns about Ryan Cohen's relationship with some board members.
HOUSTON, TX, June 27, 2024 (GLOBE NEWSWIRE) -- Nexalin Technology, Inc. (Nasdaq: NXL; NXLIW) (the “Company” or “Nexalin”) today announced the pricing of a public offering of 3,000,000 shares of common stock at public offering price of $1.75. Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $5,250,000. Maxim Group LLC is acting as the sole placement agent for the offering. The offering is expected to close on July 1, 2024, subject
Former President Donald Trump defended his plans to impose a suite of sweeping tariffs amid concerns among economists that the proposal would raise costs for Americans. Trump has pledged to impose a 10% across-the-board tariff on imported goods as a way to punish other countries and protect domestic industries. Biden and his senior advisers, along with some economists, have argued that Trump’s tariff proposals could prompt a trade war that could hurt the American economy, and potentially worsen inflation.
CHICAGO — The federal judge in the racketeering case against former Illinois House Speaker Michael Madigan hinted Thursday that prosecutors may have to significantly alter their game plan if they want to proceed, given this week’s U.S. Supreme Court ruling that walks back a key bribery statute contained in Madigan’s indictment. The Supreme Court ruled 6-3 on Wednesday that the bribery statute ...
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
President Biden pledged to do more to lower the cost of housing, one of his biggest political vulnerabilities. Home prices in the U.S. hit a record high in May. The national median existing-home price last month was $419,300, a record in data going back to 1999, the National Association of Realtors said Friday. The Biden administration has sought to ease housing burdens through a series of executive actions, but some analysts said action by Congress and the Federal Reserve might be required to significantly lower prices.