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Wells Fargo Likes These 2 Dividend Stocks Yielding as High as 15%

Heading into 2025, market watchers are starting to plan strategies based on a return to pro-business and deregulatory policies. The prospect of lower inflation and lower interest rates promises relief from debt pressures, which will be beneficial for lenders and other financial service firms. This will bring investors’ sights to bear on BDCs, business development companies. These are investment firms, operating outside the traditional banking system but making capital and credit available to sma

Wall Street Banks Predict Biggest China Rate Cuts in Decade

(Bloomberg) -- China’s central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore up growth and arrest deflation, in the view of a number of Wall Street lenders.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionGoldman Sachs Group Inc. and Morgan Stanley are among those pr

Japan's Nippon Steel sets sights on a growing overseas market in its bid to acquire US Steel

The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel. Nippon Steel Corp. has its eyes on India, Southeast Asia and the U.S., Suzuki said. The Tokyo-based company remains optimistic, although the deal is opposed by President-elect Donald Trump, President Joe Biden and American steelworkers.