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Economy

Economy

Fed cutting cycle could be almost over, BofA analysts say

Investing.com — As widely expected, the Federal Reserve announced a 25 basis points (bps) rate cut at its December meeting, bringing the…
Economy

German center-right CDU/CSU leads in current election polls

Investing.com — In Germany, the latest opinion polls reveal that the center-right CDU/CSU, led by Friedrich Merz, is currently leading in the…
Economy

Powell has a long to-do list for his last full year as Fed chief

By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will…
Economy

Analysis-Macro a must-have for hedge fund investors betting on 2025 market swings

By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) – Next (LON:NXT) year’s top pick for hedge fund strategies is so-called…
Economy

Fed looks set to tweak reverse repo rate to speed exit of cash

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve appears likely to take a step on Wednesday to nudge cash…
Economy

Oman’s Investment Authority acquires stake in Elon Musk’s XAI company, state news says

DUBAI (Reuters) – The Oman Investment Authority (OIA) has acquired a stake in the artificial intelligence company XAI owned by Elon Musk,…
Economy

Trump bump? Fed officials prepare projections into new presidential term

By Ann Saphir WASHINGTON (Reuters) – Since Donald Trump’s election to a second term last month, Federal Reserve policymakers including Chair Jerome…
Economy

Israel budget passes but vote shows cracks in Netanyahu’s coalition

By Steven Scheer JERUSALEM (Reuters) – Israeli lawmakers narrowly approved the country’s 2025 state budget in an initial vote despite a rebellion…
Economy

Ukraine Assassinates Senior Russian General in Moscow

In a significant development in the ongoing conflict, Ukraine has confirmed the assassination of a high-ranking Russian military official in Moscow. Lt….
Economy

Spread holiday cheer with this year-end tipping guide

By Chris Taylor NEW YORK (Reuters) – ‘Tis the season for giving, and more Americans are planning to give year-end holiday tips. …
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