Trump to host JPMorgan's Dimon, other Wall Street CEOs
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Wall Street points lower before opening bell
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The long-awaited bill is finally taking shape and traditional finance is calling it the biggest regulatory overhaul since Dodd-Frank.
A proposal floated by the Trump administration to create a 50-year mortgage product to improve housing affordability could offer significant immediate savings to homebuyers, but at the steep cost of a doubled interest payment burden over the life of the loan, according to a recent analysis by John Lovallo of UBS Securities.
The newspaper’s conservative editorial board said it had “advised Mr. Trump from the beginning” that a policy would “do economic harm, and so they are."
The World Energy Outlook predicts that under current policies oil demand will hit 113 million barrels per day by mid-century, up around 13% from 2024 consumption. Global liquefied natural gas capacity is expected to jump 50% by 2030, driven by energy-hungry data centers and AI technologies.
Aerospace and industrial parts supplier Parker-Hannifin is becoming an investor favorite largely by doing what it said it would do. Parker announced the acquisition of Filtration Group for about $9.3 billion on Tuesday,
Although there are valid worries about Meta, this is still a company with a thriving ads business and a robust balance sheet. The fact that Wall Street is bearish on it right now makes for a good buying opportunity. After all, it did bounce back from its metaverse mishap, and those who invested back then have done very well.
A game-changer or more pain for homebuyers? SoftBank unloads entire stake in Nvidia for $5.8B. Anthropic said to be on track to turn a profit much faster than OpenAI.