Year: 2025
Elliott Management takes a stake in Hewlett Packard Enterprise. How the firm may create value
A general view of the Hewlett Packard Enterprise company offices in Minneapolis, Minnesota, on Jan. 3, 2024. AaronP | Bauer-Griffin | GC Images | Getty Images Company: Hewlett Packard Enterprise (HPE) Business: Hewlett Packard Enterprise is a global edge-to-cloud company. It delivers open and intelligent technology solutions as a service. The company offers cloud services, […]
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Stablecoins to hit $2 trillion in the next three years and spur demand for Treasurys, says Standard Chartered
Stablecoin legislation could fuel an explosion in the supply of the cryptocurrencies whose value is pegged to an external asset, spurring demand for U.S. Treasurys and helping support the dominance of the U.S. dollar, according to analysts at Standard Chartered. Stablecoin assets – most of which are backed by Treasury bills – could grow to […]
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Meet Partiful, the Gen Z party-planning staple that’s taking on Apple
Partiful’s CEO, Shreya Murthy, and CTO, Joy Tao Courtesy: Partiful When Shreya Murthy and Joy Tao decided to launch a party-planning startup in 2020, they settled on a business goal of “bringing people together in person.” The Covid-19 pandemic demanded the exact opposite. Despite the challenge of the pandemic, Partiful survived, and five years later, […]
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Buy these five stocks with upside ahead of earnings, Bank of America says
Bank of America highlighted five stocks that are poised for upside and that investors should snap up heading into quarterly earnings. The firm said it likes companies that are resilient in a choppy macro environment. They include buy-rated stocks like Coupang, PayPal, Fidelity National, Relx and Flutter. PayPal Analyst Jason Kupferberg is standing by the […]
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It’s not just about tariffs. A look under the surface shows U.S. stocks have been pressured for months
U.S. stocks were primed for a big downturn long before tariffs emerged as the primary threat on Wall Street, as worrying signs under the surface accumulated for months — despite the major averages still charging toward record highs. The S & P 500 hit an all-time high on Feb. 19, while the Dow Jones Industrial […]
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U.S. Supreme Court temporarily halts deportations of Venezuelan migrants under wartime law
Salvadoran prison guards escort alleged members of the Venezuelan gang Tren de Aragua and the MS-13 gang recently deported by the U.S. government to be imprisoned in the Terrorism Confinement Center (CECOT) prison, as part of an agreement with the Salvadoran government, in Tecoluca, El Salvador, in this handout image obtained March 31, 2025. Secretaria […]
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Iran, U.S. to hold talks in Rome in bid to reach nuclear deal
A newspaper featuring the headline story on indirect negotiations between Iran and the United States in Muscat, Oman, is displayed at a newsstand in Tehran, Iran, on April 12, 2025. Fatemeh Bahrami | Anadolu | Getty Images Iran and the United States will hold a new round of nuclear talks in Rome on Saturday to […]
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Trump says government to change service regulations for career government employees
U.S. President Donald Trump looks on on the day he signs executive orders in the Oval Office at the White House in Washington, D.C., U.S., April 17, 2025. Evelyn Hockstein | Reuters U.S. President Donald Trump said on Friday the U.S. government’s human resources agency will change rules for civil service employees to ensure they […]
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Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell ‘understood what he was doing’
U.S. President Donald Trump and U.S. Federal Reserve Chair Jerome Powell. Win McNamee | Annabelle Gordon | Reuters President Donald Trump on Friday lobbed his latest criticism at Federal Reserve Chair Jerome Powell, as the White House’s discontent for the economic policy leader hits a fever pitch. During a Friday afternoon question-and-answer session with reporters, Trump […]
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U.S. judge temporarily blocks mass firings at consumer bureau
The US Consumer Financial Protection Bureau (CFPB) headquarters in Washington, DC, US, on Sunday, Feb. 2, 2025. Bloomberg | Bloomberg | Getty Images A federal judge on Friday halted the mass firings carried out Thursday afternoon at the U.S. Consumer Financial Protection Bureau, saying she was deeply concerned that the Trump administration had violatedcourt orders […]
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