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Economy

Economy

Brazil freezes spending at $3.33 billion to comply with fiscal rules

BRASILIA (Reuters) – Brazil’s government tightened spending controls late on Friday, freezing expenditure at 19.3 billion reais ($3.33 billion) to comply with…
Economy

Trump taps Scott Bessent for Treasury, capping long drama over choice

By Steve Holland and Alexandra Ulmer (Reuters) -President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S….
Economy

What would it take for the Fed to pause rate cuts?

Investing.com — A more cautious tone from the Federal Reserve officials on further rate cuts and the recent swath of upbeat economic…
Economy

ECB’s Lagarde renews integration call as trade war looms

FRANKFURT (Reuters) – European Central Bank President Christine Lagarde renewed her call for economic integration across Europe on Friday, arguing that intensifying…
Economy

Treasury Secretary role, Bitcoin, European woes – what’s moving markets

Investing.com — Wall Street is set for a muted start Friday, but the main averages are on course to register a positive…
Economy

US equity funds gain inflows for third week in a row

(Reuters) – U.S. investors snapped up equity funds for a third successive week through Nov. 20, buoyed by optimism over rising corporate…
Economy

Exclusive-Medical supply firm Medline aims to raise over $5 billion in 2025 IPO, sources say

By Echo Wang NEW YORK (Reuters) -Private equity-owned Medline Industries is aiming to raise more than $5 billion in its U.S. initial…
Economy

Global equity funds’ weekly inflows slow on geopolitical tensions

(Reuters) – Inflows into global equity funds slowed in the week ending Nov. 20 due to geopolitical tensions between Russia and the…
Economy

Nvidia’s results, Adani’s legal woes, Starbucks – what’s moving markets

Investing.com — Wall Street is seen trading lower Friday, weighed by disappointment from Nvidia’s guidance. Starbucks is potentially looking at options for…
Economy

Sri Lanka’s inflation rate drops to minus 0.7% in October

(Reuters) – Sri Lanka’s consumer price inflation reached minus 0.7% year-on-year in October after easing to minus 0.2% in September, official data…
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