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Economy

Economy

Mnuchin won’t rejoin Trump administration, but has advice on sanctions, debt

By David Lawder WASHINGTON (Reuters) – Donald Trump’s former Treasury secretary, Steven Mnuchin, said he will not seek to join the president-elect’s…
Economy

Pakistan to slash winter power tariffs to spur demand, cut gas use

By Ariba Shahid KARACHI (Reuters) – Pakistan will reduce electricity tariffs during winter in a bid to boost consumption and cut the…
Economy

Is inflation a long-term problem?

Investing.com — The question of whether inflation is a long-term issue is complex, with various economic, political, and social factors playing a…
Economy

SNB policy outlook 2024/2025 as per UBS

Investing.com — UBS economists expect the Swiss National Bank (SNB) to continue its easing cycle with two anticipated rate cuts in December…
Economy

Firefighters gaining control over devastating wildfire near Los Angeles

By Rich McKay and Daniel Trotta (Reuters) – Firefighters started gaining control on Friday over a stubborn wildfire near Los Angeles that…
Economy

Oppenheimer’s survey sheds light on the state of ML/Gen AI

Investing.com — Oppenheimer’s recent survey shows trends in the adoption and priorities around machine learning and generative artificial intelligence within the enterprise…
Economy

US money market funds saw significant demand before US elections

(Reuters) – U.S. investors moved large amounts of money to the safety of money market funds in the week to Nov. 6…
Economy

Europe’s banks brace for tougher competition under Trump 2.0

By Sinead Cruise and Tommy Reggiori Wilkes LONDON (Reuters) – European banks face an even tougher task to close an earnings gap…
Economy

Trump adds to internal strife hindering EU competitiveness push

By Philip Blenkinsop and Anita Komuves BUDAPEST (Reuters) – The European Union’s task of boosting competitiveness to catch up with rivals the…
Economy

US consumer sentiment rises in November, UMich says

(Reuters) – U.S. consumer sentiment rose to a seven-month high in early November, with a measure of households’ expectations for the future…
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