BRASILIA, July 28 (Reuters) - The Brazilian government needs to watch how public debt evolves as it knows it cannot raise taxes excessively, Finance Minister Joaquim Levy said on Tuesday.
As public debt grows, the government is also aware it cannot continue increasing expenditures, Levy added at event with finance authorities.
(Reporting by Alonso Soto; Writing by Silvio Cascione; Editing by Chizu Nomiyama)
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
One of the fastest-growing utility stocks, along with "Wall Street's Greatest Dividend Stock," make for phenomenal buys right now.
Futures initially tumbled overnight, but slashed losses as Israel's attack on Iran seemed limited. The market power trend is about to end. Netflix gave weak guidance.
If you are looking to maximize the income your portfolio generates, consider Enterprise Products Partners and Enbridge, but stay away from this midstream giant.
Tesla's growth story was about leading the paradigm shift to EVs, and an affordable car was a part of that story. Now without it, the narrative has changed.
This is what could happen next to Palantir shares.
Berkshire Hathaway is one of the biggest bets within the Bill & Melinda Gates Foundation Trust portfolio.
Wall Street's most-prominent stock-split stock of 2024 has been purchased on three separate occasions by a lawmaker who completed over 4,200 trades last year.
The adoption of AI is just getting started, offering astute investors the opportunity to profit from this step change in technology.
In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that "underwriting standards were deteriorating across the industry," with late payments on subprime loans rising. In late 2006, the bank led his firm to exit Wall Street's hot subprime business, starting with a frantic call made to J.P. Morgan's vacationing Chief of Securitized Products where he said, "I really want you to w