UK’s Reeves abandons plans to raise income tax rates, roiling markets
Reeves needs to find billions of pounds at November 26 budgetRecent comments suggested a looming income tax hikeReeves…
Michael Burry of ‘Big Short’ fame deregisters Scion Asset Management
Burry stepped up criticism of Big Tech in recent weeksPlaces bets against Palantir, Nvidia”On to much better things,”…
SoftBank’s $5.8 billion Nvidia stake sale stirs fresh AI bubble fears
Nvidia shares fall more than 2% after SoftBank sells stakeSale to help Son fund AI bets such as…
Exclusive: Lukoil declares force majeure at Iraqi oilfield after US sanctions
Iraq halts all cash and crude payments to Lukoil, sources sayUS, UK sanctions disrupt Lukoil’s international operationsLukoil may…
Trading Day: UncertAInty slams risk appetite
ORLANDO, Florida, Nov 6 (Reuters) – U.S. stocks, bond yields and the dollar all fell on Thursday, dragged…