Citadel Securities’ Durham Abric says the Federal Reserve’s interest-rate path probably will be uninterrupted by the incoming Trump administration’s protectionist posture. Former President Donald Trump, who imposed punitive tariffs on US imports in his first term, has made it clear he’ll do so again on taking office in January.
Open FlipDonald Trump's appointment of vaccine skeptic Robert F Kennedy Jr as health secretary sparks concerns, causing pharma stocks to plummet, with GSK, AstraZeneca, and Sanofi shares dropping by as much as 4.4% due to Kennedy's anti-vax views and potential impact on vaccine development and public health policies.
Open FlipCred, led by Kunal Shah, is expanding its financial services platform by applying for a stock broking licence, aiming to enter the competitive stock broking space dominated by players like Zerodha and Groww. Cred plans to leverage its affluent user base to cross-sell products and tap into the revenue opportunities from transaction fees and advisory services.
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