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Musk’s political ascendancy stirs hopes of redemption for X banks

By Shankar Ramakrishnan and Echo Wang (Reuters) – Elon Musk’s political ascendancy has some Wall Street banks hoping they may soon be able to...

1 hour ago

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S&P revises South Africa’s outlook to positive on better reforms, growth potential

(Reuters) – Ratings agency S&P revised South Africa’s outlook to “positive” from “stable” on Friday, citing plans for accelerated economic reforms by the new...

1 hour ago

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Fitch downgrades Spirit Airlines’ long-term credit rating

(Reuters) – Fitch Ratings on Friday downgraded the long-term credit rating of Spirit Airlines (NYSE:SAVE) to ‘CC’ from ‘ CCC (WA:CCCP)’, bringing it below...

1 hour ago

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Major Trump Media shareholder sells nearly entire stake

(Reuters) – Trump Media & Technology Group’s key shareholder, ARC Global Investments, has unloaded nearly all its stake in the media company, it said...

1 hour ago

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U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.70%

Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Technology, Healthcare and Consumer Services sectors led shares lower....

3 hours ago

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Mexico stocks higher at close of trade; S&P/BMV IPC up 0.01%

Investing.com – Mexico stocks were higher after the close on Friday, as gains in the Industrials, Consumer Goods & Services and Consumer Staples sectors...

3 hours ago
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