By Divya Chowdhury and Niket Nishant DAVOS, Switzerland () - A strong U.S. economy and lower interest rates could foster a surge in the number of initial public offerings in 2025, building on the recent momentum, a top executive at the New York Stock Exchange said on Wednesday. The change of guard at the Securities

() -The National Highway Traffic Safety Administration said on Wednesday that General Motors (NYSE:) is recalling about 2,890 Chevrolet Equinox EV vehicles due to concerns about their adaptive cruise control. The recall affects certain 2025 Chevrolet Equinox EV all-wheel drive electric vehicles. The adaptive cruise control may fail to engage the brakes as expected, due

By Johann M Cherian and Sukriti Gupta () - The Nasdaq led gains among Wall Street's main indexes on Wednesday, as investors cheered streaming giant Netflix (NASDAQ:)'s strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure. The benchmark was just shy of surpassing its all-time intra-day high hit in early

DAVOS, Switzerland () - Paul Ryan, the former speaker of the U.S. House of Representatives, praised President Donald Trump's choices for economic personnel and stressed the importance of managing the nation's growing debt. The U.S. administration was "off to a good start, with first-round draft picks in the economic policy roles," Ryan, vice chairman of

By Kevin Buckland, Greta Rosen Fondahn TOKYO/GDANSK () -The dollar touched a fresh two-week low on Wednesday, as a lack of clarity on President Donald Trump's plans for tariffs kept financial markets guessing and left the greenback struggling to regain ground against major currencies. Trump said late on Tuesday that his administration was discussing imposing

By Johann M Cherian and Sukriti Gupta () -U.S. stock index futures rose on Wednesday, led by those tied to the Nasdaq, as investors cheered streaming giant Netflix (NASDAQ:)'s strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure. Netflix jumped 14.9% in premarket trading after reporting a record number of

() - U.S. stock index futures rose on Wednesday, with those tied to the tech-heavy Nasdaq in the lead as investors cheered streaming giant Netflix (NASDAQ:)'s strong quarterly performance and President Donald Trump's multi-billion show of support for the AI technology industry. At 5:31 a.m. ET, Dow E-minis were up 57 points, or 0.13%, E-minis

BEIJING () - China said on Wednesday it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock market. Under a plan jointly released by six financial regulators including the securities regulator, big state-owned insurance companies will be directed to

Investing.com -- Yannis Stournaras, a member of the European Central Bank's Governing Council, has advised that the bank should continue to gradually reduce interest rates, with a goal to bring them close to 2% by the end of the year. This information was disclosed in an interview with Greece's Naftemporiki newspaper. Stournaras noted that Euro-area

FRANKFURT () - European Central Bank policymaker Klaas Knot on Wednesday backed market bets on interest rate cuts at the ECB's next two meetings but said the path further ahead was more uncertain, also given a likely new U.S. trade policy under President Donald Trump. The ECB is expected to continue lowering the cost of