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Economy

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

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

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

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…
Economy

China announces policy measures to boost trade amid worries over Trump tariffs

BEIJING (Reuters) – China’s commerce ministry on Thursday announced a series of policy measures aimed at boosting the country’s foreign trade, including…
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