News

(Bloomberg) -- Tax policies touted in the US presidential election could have a big impact on S&P 500 earnings, according to Goldman Sachs Inc. strategists.Most Read from BloombergHow Air Conditioning Took Over the American OfficeThe Outsized Cost of Expanding US RoadsHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThey estimate profits could shift in the ballpark range of 5% to 10%, depending on how the policies are enacted and whether Donald Trump’s 2017 tax cuts are allowed to expire

News of the day for September 5, 2024

Stocks Mostly Up Pre-Bell Ahead of Key Jobs Data; Asia Churns, Europe Rises

CrowdStrike's management didn't drop a bombshell on investors, which caused the stock to slightly rise.

You don't need to be an expert investor to build long-term wealth.

STUTTGART (Reuters) -Daimler Truck expects a further slowdown in demand for commercial vehicles and its new CEO must take measures to adjust for that, the German company's Chairman Joe Kaeser said on Thursday. "Our profitability is not yet where competitors are, that has to change in the medium to long term", Kaeser told a press conference after Karin Radstrom was announced as the company's next CEO late on Wednesday. He did not say what measures Radstrom might need to take.

The UK new car market saw a slight decline in August, with registrations falling by 1.3%, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). August, traditionally a quieter month for car sales as buyers often wait for September’s new number plates, saw 84,575 units registered, just 1,082 fewer than…