Morgan Stanley CEO is bullish on stocks, says the U.S. economy is ‘outperforming’

Morgan Stanley CEO Ted Pick on Thursday expressed optimism about the stock market, saying that the U.S. economy will continue to outperform in 2025. “The world is still led by the U.S. consumer,” Pick told CNBC’s “Squawk Box Asia” from the Morgan Stanley summit in Singapore. “Corporate balance sheets in the U.S. are on aggregate, … Read more

Federal Reserve’s likely slowdown in rate cuts could make prospective homebuyers sad

Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates. In September, its officials predicted that they would reduce their benchmark rate four times next year, on top of three rate cuts this … Read more

Uncertainty after Australia foreign students bill hits opposition

Australia’s debate over capping foreign student numbers is “not over” despite a controversial bill unexpectedly losing support, a top industry body says. The bill, part of efforts to slash overall migration to Australia, had been opposed by most universities who say it would damage the higher education sector and its global reputation. The government argued … Read more

We have entered era of de-globalisation: CEA V Anantha Nageswaran

 Strap: Surabhi Even as India’s export growth has gained momentum in recent months, Chief Economic Adviser V Anantha Nageswaran, on Thursday, cautioned that there is growing protectionism and “de-globalisation” risks and there should not be too much expectation that global growth and global exports would lift up domestic exports. He highlighted that instead it is more important to … Read more

The best gifts for cyclists in 2024

The Sena Pi cycling headset lets you and a partner talk comfortably as you cycle. Just clip the earpiece onto your and a partner’s helmet head straps (it fits most), pair them through an app and enjoy a relaxed chat on your next bike ride — no shouting needed, and you both can ride at … Read more

Vitality Blast fixtures 2025: Women’s competition matches, dates and day-by-day schedule, including Finals Day | Cricket News

Check out the fixtures for the Vitality Blast women’s competition in 2025, which starts on Friday May 30 and concludes with the first-ever Vitality Blast Women’s Finals Day. The 2025 season will be the first time all women’s and men’s county teams will play side by side in the Vitality Blast, while the women’s teams … Read more

ExxonMobil transfers 50% interest in Suriname’s Block 52 to PETRONAS

ExxonMobil Exploration & Production Suriname, an affiliate of ExxonMobil, has announced its withdrawal from Block 52 offshore Suriname. This move is part of an ongoing assessment of its global portfolio by ExxonMobil, which has formally notified Staatsolie, a vertically integrated state-owned commercial entity, of its exit from the block. The company will transfer its 50% … Read more