Today: November 21, 2024
Today: November 21, 2024

Economy

Americas|Asia|Business|Economy|Science|Technology|World

Brazilian, Indian leaders discuss expanding energy, pharmaceutical trade

Brazil President Luiz Inacio Lula da Silva said on Tuesday he spoke with India's Prime Minister Narendra Modi about expanding scientific and business trade between both countries

Brazilian, Indian leaders discuss expanding energy, pharmaceutical trade
Business|Economy|US

Grid operator PJM faces new complaint over power supply auction

A consumer advocacy group has launched a complaint against PJM Interconnection, saying the largest U.S. grid operator is unfairly awarding record high payments to

Grid operator PJM faces new complaint over power supply auction
Economy|Environment|World

Biden appeals to world leaders to stay in the climate fight as Trump casts shadow

President Joe Biden is making an urgent appeal to fellow world leaders to surge money to developing nations to curb climate change as he wraps up his final appearance at a major international summit

Biden appeals to world leaders to stay in the climate fight as Trump casts shadow
Economy|Europe|World

French farmers continue protests as union threatens food supply disruption

French farmers held a second day of protests on Tuesday over EU-Mercosur trade talks, with the hardline Coordination Rurale union dumping Spanish wine and blocking official buildings

French farmers continue protests as union threatens food supply disruption
Business|Economy|Food|Technology|US|World

South Africa will focus G20 presidency on inclusive growth, food security

South Africa will use its G20 presidency to focus on advancing inclusive economic growth, food security and artificial intelligence, President Cyril Ramaphosa said on Tuesday

South Africa will focus G20 presidency on inclusive growth, food security
Business|Economy|US

Nebraska files antitrust lawsuit against heavy-duty truck makers over EV push

Nebraska Attorney General Michael Hilgers on Tuesday filed an antitrust lawsuit against some of the largest heavy-duty truck manufacturers accusing them of limiting the

Nebraska files antitrust lawsuit against heavy-duty truck makers over EV push
Business|Economy|US

Trump picks Lutnick to be Commerce secretary

Trump picks Lutnick to be Commerce secretary

Trump picks Lutnick to be Commerce secretary
Business|Economy|Political|US

Reporter: Trump picking Lutnick for commerce secretary is ‘consolation prize’

CNN's Kristen Holmes and Jake Tapper discuss President-elect Trump picking Howard Lutnick for Secretary of Commerce.

Reporter: Trump picking Lutnick for commerce secretary is ‘consolation prize’
Business|Economy|Travel

Hilton plans to expand footprint in India amid boom in leisure travel demand

Hilton Worldwide expects to quadruple the number of hotel

Hilton plans to expand footprint in India amid boom in leisure travel demand
Economy|Health|Travel|US

US faces growing crisis over high traffic deaths, NTSB chair says

The United States must address a growing public-health crisis over traffic deaths that remain significantly higher than pre-pandemic levels, the head of the

US faces growing crisis over high traffic deaths, NTSB chair says
Business|Economy|Finance|Lifestyle

Starting a small business is hard. Exiting can be even harder, but planning early is the key

Figuring out what to do with a small business when an owner is ready to retire can be difficult, but it’s best to have a plan well in advance of making a big change

Starting a small business is hard. Exiting can be even harder, but planning early is the key
Economy|Environment|Finance

What new taxes could help raise money to fight climate change?

The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming.

What new taxes could help raise money to fight climate change?
Business|Economy|Environment|US

Apartment buildings wrap up $1B in HUD funds for lower utility bills and climate upgrades

When the head of the U.S. Department of Housing and Urban Development traveled to housing sites around the country, she heard from renters in affordable housing that they felt forgotten and left out of the nation’s transition to clean energy

Apartment buildings wrap up $1B in HUD funds for lower utility bills and climate upgrades
Asia|Business|Economy|Europe|Finance|US

Xi asks Germany's Scholz to help resolve issue of EU tariffs on Chinese EVs

Chinese President Xi Jinping told German Chancellor Olaf Scholz

Xi asks Germany's Scholz to help resolve issue of EU tariffs on Chinese EVs
Business|Economy|Finance|Food

Jersey Mike's sandwich chain is acquired by private equity firm Blackstone for $8 billion

Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued at $8 billion

Jersey Mike's sandwich chain is acquired by private equity firm Blackstone for $8 billion
Economy|Europe|Stock Markets|World

Stocks shrug off concerns about heightened US-Russia tensions

Stocks shrug off concerns about heightened US-Russia tensions

Stocks shrug off concerns about heightened US-Russia tensions
Business|Economy|Finance|Stock Markets

Risk assets may be entering 'danger zone': McGeever

Even bulls now admit that U.S. stocks and credit are expensive.

Risk assets may be entering 'danger zone': McGeever
Business|Economy|Europe|Finance|Stock Markets|Technology

Sweden has no plans to take stake in Northvolt, deputy PM says

The Swedish government does not plan to take a stake in lithium-ion battery maker Northvolt, Deputy Prime Minister Ebba Busch told Reuters on Tuesday as the company continues to

Sweden has no plans to take stake in Northvolt, deputy PM says
Business|Economy|Finance|US

CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips

The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped. 

CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
Business|Economy|Europe|Finance

Italian lawmakers urge government to scale back crypto, web tax plans

Italian ruling-coalition lawmakers are urging the government to scale back plans to increase taxes on cryptocurrency capital gains and expand the number of firms forced to pay a

Italian lawmakers urge government to scale back crypto, web tax plans
Business|Economy|Finance

Canada's annual inflation rate rises to 2% in October

Canada's annual inflation rate accelerated more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, likely diluting chances of

Canada's annual inflation rate rises to 2% in October
Business|Economy|US

US single-family housing starts slump; high mortgage rates remain a challenge

U.S. single-family homebuilding tumbled in October likely as Hurricanes Helene and Milton depressed activity in the South while permits rose slightly,

US single-family housing starts slump; high mortgage rates remain a challenge
Economy|Finance

Canada's inflation rate jumps back to 2%, curbing large rate-cut bets

Canada's annual inflation rate rose more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on

Canada's inflation rate jumps back to 2%, curbing large rate-cut bets
Business|Economy|Lifestyle

Black entrepreneurs are often shut out from capital, but here’s how some are removing barriers

Black business owners are often frustrated by systemic racial disparities, but a new study shows how they are using race to capitalize on their ventures.

Black entrepreneurs are often shut out from capital, but here’s how some are removing barriers
Economy|Environment

Carbon offsets can help bring energy efficiency to low-income Americans − our Nashville data shows it could be a win for everyone

Insulating attics, replacing windows and adding heat pumps can save money and reduce emissions − if residents can afford the upgrades. Carbon-offset purchases by local companies could help.

Carbon offsets can help bring energy efficiency to low-income Americans − our Nashville data shows it could be a win for everyone
Economy|Europe

European assets set up for rebound, but euro could hit parity first, Amundi says

The euro could fall to the key $1 mark in the next month before rebounding, potentially alongside other Europe assets given how negatively investors

European assets set up for rebound, but euro could hit parity first, Amundi says
Economy|Europe

France's Barnier likely to ram through budget bill as talks stall

France's 2025 belt-tightening budget heads to the Senate next week, but few doubt the government will soon be obliged to bypass lawmakers with a risky constitutional measure that

France's Barnier likely to ram through budget bill as talks stall
Business|Economy|Finance

Jersey Mike’s Subs is worth $8 billion after a huge investment from Blackstone

Jersey Mike’s Subs is worth $8 billion after a huge investment from Blackstone

Jersey Mike’s Subs is worth $8 billion after a huge investment from Blackstone
Asia|Economy|World

Modi's inflation-blowing farm pivot may not be enough to win key Indian state

Indian Prime Minister Narendra Modi has taken several pro-farmer but inflation-stoking measures in recent months, such as easing curbs on rice and onion

Modi's inflation-blowing farm pivot may not be enough to win key Indian state
Economy|Europe|World

Spain to legalise about 300,000 undocumented immigrants per year

Spain will legalise about 300,000 undocumented immigrants per year over the next three years as it seeks to expand its labour force in the face of an ageing population, Migration

Spain to legalise about 300,000 undocumented immigrants per year
Economy|Finance|Stock Markets

Bank of England to cut rates gradually as the world braces for Trump's tariffs: Reuters poll

The Bank of England will keep Bank Rate on hold in December as global inflation worries resurface, according to a Reuters poll of economists who were split

Bank of England to cut rates gradually as the world braces for Trump's tariffs: Reuters poll
Economy|Environment|Finance|World

Beyond B-loans? Development banks seek private money for climate change fight

As officials from around the world strive this week to reach a deal on funding for poorer countries to tackle climate change,

Beyond B-loans? Development banks seek private money for climate change fight
Economy|Finance

IMF deal would give Ukraine access to about $1.1 billion, Fund says

International Monetary Fund staff and Ukrainian authorities have reached an agreement that would give Ukraine access to about $1.1 billion, the IMF said on Tuesday, adding that

IMF deal would give Ukraine access to about $1.1 billion, Fund says
Business|Economy|Finance|Technology

As Americans bargain shop, six-figure earners flock to Walmart

As Americans bargain shop, six-figure earners flock to Walmart

As Americans bargain shop, six-figure earners flock to Walmart
Business|Economy|Europe|Finance

Bank of England consults on post-Brexit market infrastructure rules

The Bank of England said on Tuesday it was launching a consultation on proposed, post-Brexit rules for clearing houses, payment system operators and other financial market

Bank of England consults on post-Brexit market infrastructure rules
Business|Economy|US

Here’s how mass deportations could change the housing market

Here’s how mass deportations could change the housing market

Here’s how mass deportations could change the housing market
Economy|Stock Markets|US|World

S&P 500, Nasdaq end up with Nvidia; Walmart hits record after forecast

The Nasdaq rose more than 1% and S&P 500 also ended higher on Tuesday, led by a jump in technology shares as investors eagerly awaited results this week

S&P 500, Nasdaq end up with Nvidia; Walmart hits record after forecast
Business|Economy|Finance|US

Treasuries pop on US Secretary race, Russia warning

A look at the day ahead in U.S. and global markets from Mike Dolan U.S.

Treasuries pop on US Secretary race, Russia warning
Business|Economy|Finance

German economy to stagnate as labour market cools, tariffs loom

The German economy is likely to stagnate in the last three months of the year as the labour market continues to soften and possible new trade tariffs loom, the country's central

German economy to stagnate as labour market cools, tariffs loom
Business|Economy|US

Who are the US federal workers that Trump, Musk want to trim?

President-elect Donald Trump has tasked billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy with finding deep cuts in the $6 trillion federal

Who are the US federal workers that Trump, Musk want to trim?
Americas|Business|Economy|Finance

Bank of Mexico flags more rate cuts due to progress on lowering inflation

The Bank of Mexico will likely be able to continue cutting its benchmark interest rate due to the progress made on bringing inflation down, bank governor

Bank of Mexico flags more rate cuts due to progress on lowering inflation
Business|Economy|Finance

BoE's Taylor says 4 rate cuts by end of 2025 would be gradual

The Bank of England's most recently appointed interest rate-setter Alan Taylor said the central bank's gradual approach to cutting borrowing costs was in line with recent market

BoE's Taylor says 4 rate cuts by end of 2025 would be gradual
Economy|Election|Europe|Lifestyle|Travel|World

Italian village offers $1 homes to Americans upset by the US election result

Italian village offers $1 homes to Americans upset by the US election result

Italian village offers $1 homes to Americans upset by the US election result
Asia|Economy|Finance

Thailand to start second stage of stimulus programme in January

The second phase of Thailand's "digital wallet" handout scheme will be launched in January and distribute 40 billion baht ($1.16

Thailand to start second stage of stimulus programme in January
Business|Economy|Europe|Finance|World

Rheinmetall aims for 20 billion euros in sales in 2027

Rheinmetall aims for 20 billion euros ($21.08 billion) in sales for 2027, boosted by increased defence spending by EU and NATO country leaders in response to the Ukraine war, the

Rheinmetall aims for 20 billion euros in sales in 2027
Economy|Europe|Finance|World

Safe-haven assets rally after Russia updates nuclear doctrine

Safe-haven assets bounced sharply on Tuesday, after a warning from Russia over its updated nuclear doctrine that was aimed at making possible enemies aware of inevitable retaliation

Safe-haven assets rally after Russia updates nuclear doctrine
Economy|Europe|Stock Markets

European stocks sink as investors flock to safety amid geopolitical jitters

Europe's main stock index touched its lowest level in three months on Tuesday, as escalating geopolitical tensions, fuelled

European stocks sink as investors flock to safety amid geopolitical jitters
Business|Economy|Finance|Stock Markets

UK fund managers pay more to hedge in 2024, MillTechFX survey says

More UK fund managers say they've paid higher costs in 2024 to protect their investment portfolios against fluctuations in currency markets, according to survey

UK fund managers pay more to hedge in 2024, MillTechFX survey says
Asia|Business|Economy|Finance

China expected to leave benchmark lending rates unchanged on Wednesday

China is widely expected to leave its benchmark lending rates unchanged on Wednesday, a Reuters poll showed, as rate cuts a month earlier squeeze banks' profitability and the yuan

China expected to leave benchmark lending rates unchanged on Wednesday
Business|Economy|Finance

Thyssenkrupp takes $1 billion hit on steel unit as outlook darkens

Thyssenkrupp has written down the value of its steel division by another 1 billion euros ($1.06 billion), blaming the sector's

Thyssenkrupp takes $1 billion hit on steel unit as outlook darkens
Economy|Environment|World

Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it

Big money to respond to climate change is key to the United Nations talks underway in Azerbaijan

Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it
Business|Economy|Finance|Stock Markets|US

Goldman Sachs forecasts S&P 500 target of 6500 for 2025-end, joins Morgan Stanley

Goldman Sachs has forecast the S&P 500 index would reach 6,500 by the end of 2025, joining peer Morgan Stanley, on the back of continued growth in the U.S. economy and

Goldman Sachs forecasts S&P 500 target of 6500 for 2025-end, joins Morgan Stanley
Asia|Business|Economy|Europe|Finance|Stock Markets

Traders focus on Fed as key Trump picks awaited

A look at the day ahead in European and global markets from Kevin Buckland Signs are positive for European stocks' open, with futures pointing up, and equity indices across most of Asia also in the

Traders focus on Fed as key Trump picks awaited
Asia|Business|Economy|Finance

IMF warns Asia retaliatory tariffs could undermine growth

The International Monetary Fund (IMF) warned on Tuesday that "tit-for-tat" tariffs could undermine Asia's economic prospects, raise costs and disrupt supply chains even

IMF warns Asia retaliatory tariffs could undermine growth
Business|Economy|Finance|Stock Markets

Investors reload rate hike bets in Japan

Investors are betting a slide in the yen will force a hawkish shift at the Bank of Japan and are shorting bonds, buying bank shares and bracing for rates to rise

Investors reload rate hike bets in Japan
Business|Economy|US|World

Bangladesh's Yunus hopes US ties will strengthen despite Trump victory

Bangladesh's interim leader Muhammad Yunus hopes ties with the U.S., the biggest buyer of Bangladeshi clothes, will strengthen despite strong criticism from President-elect Donald

Bangladesh's Yunus hopes US ties will strengthen despite Trump victory
Asia|Business|Economy|Finance|Stock Markets

EM stocks rally; Manila, Bangkok up on rate-cut bets

Emerging Asian stock markets rallied on Tuesday, with Bangkok and Manila trading higher on expectations of rate cuts in the near future, while Singapore stocks hit a 17-year

EM stocks rally; Manila, Bangkok up on rate-cut bets
Economy|Europe

Thousands of UK farmers descend on Parliament to protest a tax they say will ruin family farms

British farmers have descended on Parliament to protest a tax hike they say will deal a “hammer blow” to struggling family farms

Thousands of UK farmers descend on Parliament to protest a tax they say will ruin family farms
Business|Economy|Environment|World

Brazil urges G20 leaders to move faster on net zero climate targets

Brazilian President Luiz Inacio Lula da Silva on Tuesday urged leaders of the Group of 20 major economies to accelerate their national

Brazil urges G20 leaders to move faster on net zero climate targets
Business|Economy|Finance|Stock Markets|US

Goldman Sachs chairman expects deals to pick up in 2025

Goldman Sachs Chairman David Solomon said on Tuesday there will be more robust levels of both capital raising and M&A in 2025 with the new U.S. administration.

Goldman Sachs chairman expects deals to pick up in 2025
Business|Economy|Finance

Australia central bank pondered scenarios for rate changes at Nov meeting

Australia's central bank said on Tuesday that there was no immediate need to change interest rates, having left them steady for a year now, but it was important to be ready

Australia central bank pondered scenarios for rate changes at Nov meeting
Asia|Economy|Finance|Stock Markets|US

Stocks rise, oil settles slightly up as Russia-US tensions mount

Global stocks rose in choppy trading on Tuesday as markets waited for President-elect Donald Trump to make more appointments to his

Stocks rise, oil settles slightly up as Russia-US tensions mount
Business|Economy|Finance|Stock Markets|World

Oil settles flat as escalation of Ukraine war counters Sverdrup field restart

Oil prices were broadly unchanged on Tuesday as signs of escalation of the Russia-Ukraine war kept investors cautious of supply disruptions, but the partial restart

Oil settles flat as escalation of Ukraine war counters Sverdrup field restart
Asia|Business|Economy|Finance|Stock Markets

Beijing pledges to open up markets, support Hong Kong amid geopolitical concerns

Beijing told top Wall Street executives on Tuesday that it will move ahead with capital market reforms and in the opening up of its financial sector for

Beijing pledges to open up markets, support Hong Kong amid geopolitical concerns
Asia|Economy|Finance|Stock Markets|US

Dollar higher, boost to safe-haven currencies fades

The dollar index rose on Tuesday, after an initial boost to safe-haven currencies such as the greenback, Swiss franc and yen prompted by an announcement by

Dollar higher, boost to safe-haven currencies fades
Asia|Economy|Finance

South Korea pledges 45% increase in World Bank fund contribution

South Korean President Yoon Suk Yeol has pledged a 45% increase in the country's contribution to the World Bank's International Development Association fund to more than $600 million

South Korea pledges 45% increase in World Bank fund contribution
Business|Economy|Health|Technology

Global employers boost hiring towards year end, survey shows

Major global companies have boosted hiring for professional roles as they enter the final quarter of the year, especially in retail, technology and healthcare, but

Global employers boost hiring towards year end, survey shows
Economy|Europe|MidEast|World

New leader takes over after protests in breakaway Georgian region

The leader of the breakaway Georgian region of Abkhazia resigned on Tuesday and was replaced by his deputy until new elections, days after protesters seized government

New leader takes over after protests in breakaway Georgian region
Asia|Economy|World

UK to relaunch trade talks with India, seeks 'new strategic partnership'

Britain will restart talks with India on a free trade deal in the new year, Prime Minister Keir Starmer's office said on Monday, following a months-long pause in

UK to relaunch trade talks with India, seeks 'new strategic partnership'
Business|Economy|Technology

Amazon and Elon Musk's SpaceX challenge labor agency's constitutionality in federal court

Attorneys for Amazon and Elon Musk’s SpaceX have argued in a federal appeals court that the National Labor Relations Board’s structure is unconstitutional

Amazon and Elon Musk's SpaceX challenge labor agency's constitutionality in federal court
Business|Economy|Finance

BOJ to bid farewell to stimulus era, justify rate hikes in policy review

The Bank of Japan will release next month its findings on the pros and cons of the various unconventional monetary easing tools used in its 25-year battle with

BOJ to bid farewell to stimulus era, justify rate hikes in policy review
Business|Economy|World

China's Xi tells G20 Summit AI should not be a 'game of rich countries,' Xinhua reports

Chinese President Xi Jinping warned at the Group of 20 Summit in Rio de Janeiro that artificial intelligence should not be a "game of rich countries and the wealthy," state

China's Xi tells G20 Summit AI should not be a 'game of rich countries,' Xinhua reports
Business|Economy|Finance|US

Spirit Airlines filed for bankruptcy. What does that mean for travelers?

The largest budget airline in the U.S., has filed for Chapter 11 bankruptcy protection

Spirit Airlines filed for bankruptcy. What does that mean for travelers?
Business|Economy|Technology|US

New Jersey internet gambling sets another revenue record at $213 million

New Jersey’s internet gambling market set another record in October, the latest proof that people are betting more of their money online rather than coming to Atlantic City to gamble it in person

New Jersey internet gambling sets another revenue record at $213 million
Business|Economy|Environment|Science|Technology|US

What to know about Chris Wright, Trump's choice to run the Energy Department

Fossil fuel executive Chris Wright, Donald Trump's choice for Energy secretary, is a strong supporter of oil and gas development, including fracking, a key pillar of the president-elect’s quest for U.S. “energy dominance” in the global market

What to know about Chris Wright, Trump's choice to run the Energy Department
Economy|Europe|Finance

Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living

Prime Minister Kyriakos Mitsotakis says Greece is set to make an early repayment of 5 billion euros or $5.3 billion in bailout-era debt in 2025

Greece to repay chunk of bailout debt early and touts recovery during anger over cost of living
Business|Economy|US

Nippon Steel not to import from overseas mills in bid to save U.S. Steel deal

Nippon Steel will not import steel to the U.S. from its international mills, the Japanese company's Executive Vice President Takahiro Mori said on Monday in a letter to United Steelworkers

Nippon Steel not to import from overseas mills in bid to save U.S. Steel deal
Business|Economy|Technology|US

Boeing layoffs so far total nearly 2,200 workers in Washington state

Boeing has so far laid off 2,199 workers in Washington, among job cuts that will eventually total about 17,000 across the company

Boeing layoffs so far total nearly 2,200 workers in Washington state
Economy|Environment|US|World

Biden seeks nearly $100 billion in emergency disaster aid after Hurricanes Helene and Milton

President Joe Biden is requesting nearly $100 billion in emergency disaster aid after Hurricanes Helene and Milton, and other natural disasters

Biden seeks nearly $100 billion in emergency disaster aid after Hurricanes Helene and Milton
Economy|Finance|US

Trump's treasury pick could give an indication of what he plans to do about tariffs

One of the top remaining vacancies in President-elect Donald Trump’s proposed Cabinet is his treasury secretary — and the views of his top contenders there reflect broader questions about how the president-elect might wield tariffs in his new administration

Trump's treasury pick could give an indication of what he plans to do about tariffs
Economy|Europe|Political|World

UK hits Iran with new sanctions for supplying missiles to Russia

The U.K. government has hit Iran with new sanctions for sending ballistic missiles and other weapons to Russia in support of the war against Ukraine

UK hits Iran with new sanctions for supplying missiles to Russia
Business|Economy|Technology|US

Stellantis CEO says will adapt to U.S. market under Trump

Stellantis' will adapt to changes in the U.S. car market expected under a Trump government, CEO Carlos Tavares said on Monday, with a platform that can offer electric,

Stellantis CEO says will adapt to U.S. market under Trump
Business|Economy|Finance|Health|US

Activist investor Ananym Capital pushes for changes at Henry Schein, sources say

Activist investor Ananym Capital Management is urging healthcare products distributor Henry Schein to refresh its board, cut costs, tackle succession

Activist investor Ananym Capital pushes for changes at Henry Schein, sources say
Business|Economy|US

New York to impose $9 congestion fee in Manhattan starting Jan. 5

New York City's Metropolitan Transportation Authority voted on Monday to implement a $9 congestion mitigation charge for driving in Manhattan starting on Jan. 5, a move

New York to impose $9 congestion fee in Manhattan starting Jan. 5
Business|Economy|Finance|US

Trump expands pool of possible Treasury picks as top candidates jockey for the job

Trump expands pool of possible Treasury picks as top candidates jockey for the job

Trump expands pool of possible Treasury picks as top candidates jockey for the job
Economy|Finance|US

US labor market still boosting inflation, San Francisco Fed economists say

A tight U.S. labor market is still adding to inflationary pressures, though less so than it did in 2022 and 2023, according to research published on Monday by the San

US labor market still boosting inflation, San Francisco Fed economists say
Americas|Business|Economy|Finance

Brazil's central bank chief says monetary policy tied to fiscal fears

Brazil's central bank chief, Roberto Campos Neto, said on Monday that monetary policy is being driven to some extent by fiscal policy as risk premiums on long-term

Brazil's central bank chief says monetary policy tied to fiscal fears
Economy|US

Biden administration requesting roughly $100 billion for disaster relief

Biden administration requesting roughly $100 billion for disaster relief

Biden administration requesting roughly $100 billion for disaster relief
Business|Economy|US

The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%

The Associated Press says it is looking to cut 8% of its workforce, primarily through buyouts, and employees eligible to leave their jobs would begin getting notifications

The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%
Economy|Food|US

Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brands

With Thanksgiving less than two weeks away, food retailers are trying to tempt Americans who haven't recovered from recent price inflation

Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brands
Economy|World

China's Xi announces steps to support 'Global South' at G20 summit

Chinese President Xi Jinping announced a raft of measures designed to support the "Global South" at a gathering of leaders of the Group of 20 (G20) major

China's Xi announces steps to support 'Global South' at G20 summit
Economy|Finance

Colombia economy grew 2.0% year-on-year in third quarter, market expected 2.3%

Colombia's economy grew 2.0% year-on-year in the third quarter, the government's DANE statistics agency said on Monday.

Colombia economy grew 2.0% year-on-year in third quarter, market expected 2.3%
Economy|World

No alternative to UNRWA in Gaza besides Israel, agency chief says

The only alternative to the U.N.

No alternative to UNRWA in Gaza besides Israel, agency chief says
Africa|Economy|Election|Finance

Mauritius' new prime minister announces audit of public finances

The new prime minister of Mauritius has announced an audit of the public finances days after his coalition won a resounding election victory, casting a shadow over the accuracy

Mauritius' new prime minister announces audit of public finances
Business|Economy|Europe

Poland signs agreement with domestic companies to manufacture explosives

The Polish government has signed a letter of

Poland signs agreement with domestic companies to manufacture explosives
Business|Economy|Finance|Health|Stock Markets|US

CVS Health bulks its board up to 16 members, adds hedge fund CEO

CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant

CVS Health bulks its board up to 16 members, adds hedge fund CEO
Americas|Asia|Business|Economy|Finance

Brazil development bank signs deal with AIIB for nearly $3 billion in investments

Brazilian development bank BNDES said on Monday that it has signed a deal with the Asian Infrastructure Investment Bank (AIIB) for the investment of 16.7 billion reais ($2.89 billion) in

Brazil development bank signs deal with AIIB for nearly $3 billion in investments
Economy|Finance

Russia's central bank says inflationary pressure remains high

Inflationary expectations among Russian households for the year ahead stood at 13.4% in November, unchanged from October, while inflationary pressure remained high, the central bank

Russia's central bank says inflationary pressure remains high
Business|Economy|Political

Why EU farmers are upset about Mercosur deal

A trade agreement between the European Union and Mercosur countries, which includes a significant section on agriculture, has triggered protests from EU

Why EU farmers are upset about Mercosur deal
Economy|Environment|World

Summit host Azerbaijan warns COP29 cannot succeed without G20 boost

Leaders of the world's biggest economies must send a clear signal on the need to tackle global warming, COP29 climate summit host

Summit host Azerbaijan warns COP29 cannot succeed without G20 boost
Business|Economy|Finance|US

Americans face an insurability crisis as climate change worsens disasters – a look at how insurance companies set rates and coverage

Insurance costs are rising quickly across much of the country. Hurricanes are part of the reason, but it’s the other perils common across the Midwest and Great Plains that complicate costs.

Americans face an insurability crisis as climate change worsens disasters – a look at how insurance companies set rates and coverage
Business|Economy

Canadian housing starts rise 8% in October

Canadian housing starts in October rose by 8% versus the previous month as groundbreaking increased on multi-unit and single-family detached homes, data from the national housing

Canadian housing starts rise 8% in October
Business|Economy|Technology|US

Robo price-fixing: Why the Justice Department is suing a software company to stop landlords colluding on rents

RealPage, Inc. provides software that lets landlords keep rental prices high. The Justice Department cried foul on the price-fixing practice.

Robo price-fixing: Why the Justice Department is suing a software company to stop landlords colluding on rents
Business|Economy|Finance

Donor-advised funds are drawing a lot of assets besides cash – taking a bigger bite out of tax revenue than other kinds of charitable giving

Donors can get two different tax breaks when they give by turning stocks, bonds and other financial assets into charitable gifts.

Donor-advised funds are drawing a lot of assets besides cash – taking a bigger bite out of tax revenue than other kinds of charitable giving
Economy|US

Biden urges Congress to approve nearly $100 billion in disaster relief

President Joe Biden's administration called on U.S. lawmakers on Monday to quickly pass roughly $100 billion in emergency disaster relief funding in the wake of damaging storms

Biden urges Congress to approve nearly $100 billion in disaster relief
Asia|Business|Economy|Finance

Indian govt pushes back on key cenbank proposals fearing hit to credit growth

The Indian government is pushing back on two key proposals of the central bank, which will require banks to set aside more funds for infrastructure projects and

Indian govt pushes back on key cenbank proposals fearing hit to credit growth
Americas|Economy|Finance

Brazil's government sees inflation within target band, unlike markets

Brazil's finance ministry raised its inflation forecasts for this year but expects inflation to remain within the official target band, in contrast to a more

Brazil's government sees inflation within target band, unlike markets
Economy|Europe|Political|World

EU widens sanctions on Iranian shipping firms

The European Union has widened its sanctions against Iran over Tehran's support of Russia in its war with Ukraine, the European Commission said on Monday.

EU widens sanctions on Iranian shipping firms
Asia|Business|Economy|Finance

India's economic growth needs more affordable interest rates, minister says

India's economic growth requires "far more affordable" bank interest rates, the finance minister said on Monday, adding New Delhi was committed to measures to ensure the economy

India's economic growth needs more affordable interest rates, minister says
Business|Economy|Europe

UK creates new businesses at slowest rate since 2010

Britons started new businesses last year at the slowest rate since 2010, a potential warning sign for longer-term economic growth and productivity, according to official data

UK creates new businesses at slowest rate since 2010
Business|Economy|Europe|Finance|Stock Markets

UK's FTSE 100 closes near one-week high, Melrose shines

UK's FTSE 100 closed higher on Monday, with conglomerate Melrose topping the index following an upbeat trading update, while domestically-focussed midcaps closed lower as caution prevailed

UK's FTSE 100 closes near one-week high, Melrose shines
Business|Economy|Finance|Health|Stock Markets|US

CVS adds four new board members in deal with Glenview as CEO pursues a turnaround

CVS Health added Glenview Capital's top boss and three others to its board in a deal with the hedge fund, a month after the healthcare conglomerate tasked a new CEO with its

CVS adds four new board members in deal with Glenview as CEO pursues a turnaround
Business|Economy|Europe|Finance|US

ECB's Makhlouf: Premature to make decisions based on new U.S. administration

European Central Bank policymaker Gabriel Makhlouf said it would be premature to start making decisions on what a new U.S. administration might do when asked if Donald Trump's

ECB's Makhlouf: Premature to make decisions based on new U.S. administration
Business|Economy

Brazil fiscal package done but defense ministry OK pending, Haddad says

The Brazilian government's package of spending cuts is practically done and will be released soon, pending only a response from the defense ministry, Finance Minister Fernando

Brazil fiscal package done but defense ministry OK pending, Haddad says
Economy|Health|US

Medicaid fuels US coverage of Novo, Lilly weight-loss drugs

U.S. government health plans account for the lion's share of coverage for popular new weight-loss drugs, far beyond the reimbursement available from private employers and

Medicaid fuels US coverage of Novo, Lilly weight-loss drugs
Business|Economy|Travel|US

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom
Business|Economy|Finance|US

Spirit Airlines files for bankruptcy

Spirit Airlines files for bankruptcy

Spirit Airlines files for bankruptcy
Americas|Economy|Finance

Venezuela depreciation risks reversing years of inflation gains

Currency depreciation is set to reverse years of declining inflation in economically beleaguered Venezuela, public and private sector sources say, as foreign

Venezuela depreciation risks reversing years of inflation gains
Business|Economy|Finance|US

US no-frills pioneer Spirit Airlines files for bankruptcy protection

Spirit Airlines has filed for bankruptcy protection, the no-frills U.S. travel pioneer said on Monday, after struggling with years of losses, failed

US no-frills pioneer Spirit Airlines files for bankruptcy protection
Economy|Finance

Bank Indonesia to keep rates steady on Nov. 20 to stabilise battered rupiah

Bank Indonesia will leave interest rates unchanged on Wednesday, aiming to protect the rupiah from further depreciation amid concerns U.S.

Bank Indonesia to keep rates steady on Nov. 20 to stabilise battered rupiah
Business|Economy|Europe|US

ECB fears Trump tariff effect on growth more than on inflation

Two top European Central Bank policymakers signalled on Monday they were more worried about the damage that expected new U.S. trade tariffs would do to economic growth in the euro

ECB fears Trump tariff effect on growth more than on inflation
Asia|Economy|Finance

China's January-October fiscal revenue falls 1.3% from a year earlier

China's fiscal revenue in the first 10 months of 2024 fell by 1.3% from a year earlier, narrowing from a 2.2% decline in the January-September period, the finance ministry data

China's January-October fiscal revenue falls 1.3% from a year earlier
Asia|Business|Economy|Environment|Technology|US|World

Trump might nix America as a climate tech leader. 5 charts show China winning that race

Trump might nix America as a climate tech leader. 5 charts show China winning that race

Trump might nix America as a climate tech leader. 5 charts show China winning that race
Business|Economy|Finance

Ukraine's GDP up by 4.2% year-on-year in Jan-Oct, economy ministry says

Ukraine's gross domestic product grew by 4.2% year-on-year from January to October fueled by expansion in the construction, transport and processing industries, the economy ministry

Ukraine's GDP up by 4.2% year-on-year in Jan-Oct, economy ministry says
Economy|Europe|Finance

European shares stall as real estate stocks weigh

European shares kicked off the week on a dour note, weighed down by declines in real estate stocks, while investors studied speeches from European

European shares stall as real estate stocks weigh
Business|Economy|US|World

ECB's Nagel says Trump's tariffs may have minor impact on inflation

The tariffs promised by U.S.

ECB's Nagel says Trump's tariffs may have minor impact on inflation
Asia|Business|Economy|Europe|Technology

Chip powerhouse Taiwan calls for economic partnership deal with EU

Taiwan President Lai Ching-te called on Monday for the signing of an economic partnership agreement with the European Union, saying it would boost cooperation in semiconductors and

Chip powerhouse Taiwan calls for economic partnership deal with EU
Asia|Business|Economy|World

China's Oct youth jobless rate drops to 17.1%, official data show

China's jobless rate for 16-to-24-year-olds, excluding college students, dropped to 17.1% in October from 17.6% in September, the statistics bureau data showed on Monday.

China's Oct youth jobless rate drops to 17.1%, official data show
Australia|Business|Economy|Finance

RBA finds no evidence monetary policy is more potent in Australia than elsewhere

Australia's central bank has found no evidence that monetary policy is more potent in the country than elsewhere given households have ways to manage interest rate risks, even

RBA finds no evidence monetary policy is more potent in Australia than elsewhere
Business|Economy|Finance|Technology

India cenbank plans 2025 launch of cloud services, countering dominance of global firms

India's central bank will launch a pilot programme in 2025 offering local cloud data storage to financial firms at affordable prices,

India cenbank plans 2025 launch of cloud services, countering dominance of global firms
Economy|Environment|Finance|World

Negotiators are urged to get down to business as climate talks in Baku enter second week

United Nations climate talks resumed Monday with negotiators urged to make progress on a deal that could see developing countries get more money to spend on clean energy and adapting to climate-charged weather extremes

Negotiators are urged to get down to business as climate talks in Baku enter second week
Business|Economy|Europe|Finance|Stock Markets

BOJ open to tightening, mum on timing

A look at the day ahead in European and global markets from Wayne Cole.

BOJ open to tightening, mum on timing
Economy|Europe|Finance|Political

French farmers escalate protests against an EU-Mercosur trade deal and fear unfair competition

French farmers have escalated their protests against the EU-Mercosur trade agreement under negotiation

French farmers escalate protests against an EU-Mercosur trade deal and fear unfair competition
Arts|Business|Economy

As China cracks down on bookstores at home, Chinese-language booksellers are flourishing overseas

Independent bookstores have become a new battleground in China

As China cracks down on bookstores at home, Chinese-language booksellers are flourishing overseas
Business|Economy|World

G20 leaders flag global conflicts, cooperation at Rio summit

Leaders from the Group of 20 major economies on Monday issued a joint statement highlighting the suffering caused by conflicts in

G20 leaders flag global conflicts, cooperation at Rio summit
Economy|Election|Finance|Stock Markets|US

Headwinds hit Trump-fueled rally in US stocks

A U.S. stock rally fueled by Donald Trump’s election victory is stumbling, as investors contend with everything from renewed inflation worries to uncertainty

Headwinds hit Trump-fueled rally in US stocks
Economy|Political|World

Brazil’s G20 summit produces a broad declaration that’s short on specifics

The summit of the Group of 20 leading economies in Rio de Janeiro has produced a joint declaration that, while not totally endorsed by one of the group’s members, succeeded in addressing most topics host Brazil had prioritized addressing: both ongoing major wars, a global pact to fight hunger, taxation of the world’s wealthiest people and changes to global governance

Brazil’s G20 summit produces a broad declaration that’s short on specifics
Asia|Business|Economy|Finance

Country Garden submits offshore debt restructuring plan to creditors, sources say

China's Country Garden submitted the preliminary terms of an offshore debt restructuring proposal to some creditors late last month and lowered its cash

Country Garden submits offshore debt restructuring plan to creditors, sources say
Economy|Political|World

UK's Starmer calls for 'consistent, durable' ties with China in Xi meeting

British Prime Minister Keir Starmer called on Chinese President Xi Jinping on Monday to establish "consistent, durable" relations between their two nations, pressing on with

UK's Starmer calls for 'consistent, durable' ties with China in Xi meeting
Asia|Economy

Beijing, Shanghai announce tax breaks to boost ailing property markets

Beijing and Shanghai have announced tax breaks to spur home purchases as distress in the property sector continues to drag on growth in the world's

Beijing, Shanghai announce tax breaks to boost ailing property markets
Business|Economy|Europe|Finance|World

Oil prices rise over 3% on Sverdrup outage, Ukraine war escalation

Oil prices climbed more than $2 a barrel on Monday after news that crude production at Norway's Johan Sverdrup oilfield had been

Oil prices rise over 3% on Sverdrup outage, Ukraine war escalation
Business|Economy|Election|Finance|Political|US

Trump adds more Treasury secretary candidates, media reports

President-elect Donald Trump added former Federal Reserve Governor Kevin Warsh and billionaire Marc Rowan to the list of candidates to become his Treasury secretary, the New York

Trump adds more Treasury secretary candidates, media reports
Asia|Business|Economy|Finance

BOJ sees progress in wage-driven inflation, keeps Dec rate hike on table

Bank of Japan Governor Kazuo Ueda said the economy was progressing towards sustained wages-driven inflation and warned against keeping borrowing costs too low,

BOJ sees progress in wage-driven inflation, keeps Dec rate hike on table
Business|Economy|Technology|US

Trump taps Big Tech critic Carr to chair Federal Communications Commission

President-elect Donald Trump has picked Brendan Carr, a critic of the Biden administration's telecom policies and Big Tech, as chairman of

Trump taps Big Tech critic Carr to chair Federal Communications Commission
Business|Economy|Finance|Stock Markets|US

Dollar strengthens against yen on Bank of Japan's hike uncertainty

The dollar rose against the yen on Monday to resume its recent ascent after Japan's top central bank official signaled further monetary policy tightening was

Dollar strengthens against yen on Bank of Japan's hike uncertainty
Business|Economy|Europe

French farmers back on the streets as Mercosur trade talks stir fury

Farmers staged protests across France on Monday at the prospect of a trade deal between the European Union and South America's Mercosur bloc, which will further intensify competition

French farmers back on the streets as Mercosur trade talks stir fury
Economy|Environment|US

More logging is proposed to help curb wildfires in the US Pacific Northwest

U.S. officials are proposing increased logging on federal lands across the Pacific Northwest under changes to a sweeping forest management plan that’s been in place for three decades

More logging is proposed to help curb wildfires in the US Pacific Northwest
Asia|Business|Economy|World

Peru, Japan strengthen ties with defense and mining agreements

Peru's president signed defense and mining cooperation deals with her Japanese counterpart on Sunday, following an official visit between the two leaders just after the Asia-Pacific

Peru, Japan strengthen ties with defense and mining agreements
Australia|Business|Economy|Finance

Australia regulator sues NAB for ignoring hardship application deadlines

Australia's corporate watchdog on Monday launched civil penalty proceedings against National Australia Bank, the country's second-largest lender, for failing to respond to hundreds of

Australia regulator sues NAB for ignoring hardship application deadlines
Business|Economy|Travel|US

Union workers picket for 3rd day at Las Vegas casino with no talks slated

Picketing is continuing outside a hotel-casino near the Las Vegas Strip with no talks scheduled between management and union members

Union workers picket for 3rd day at Las Vegas casino with no talks slated
Economy|Political|US|World

Biden allows Ukraine to use US arms to strike inside Russia

President Joe Biden's administration has allowed Ukraine to use U.S.-made weapons to strike deep into Russia, two U.S. officials and a source

Biden allows Ukraine to use US arms to strike inside Russia
Asia|Business|Economy|Finance

Philippines launches interest rate swaps market to boost bond liquidity

The Philippine central bank announced the launch on Monday of an interest rate swaps market anchored to a newly established benchmark rate to enhance bond market trading and

Philippines launches interest rate swaps market to boost bond liquidity
Asia|Business|Economy|Finance|World

Pakistan discusses $7 billion bailout reform agenda with IMF in unusual talks

Pakistan discussed its $7 billion bailout reform agenda with the International Monetary Fund during an unscheduled staff visit last week, Finance Minister

Pakistan discusses $7 billion bailout reform agenda with IMF in unusual talks
Business|Economy|Europe|Food

Parma ham is one of Italy’s tastiest exports. Now it’s in big trouble

Parma ham is one of Italy’s tastiest exports. Now it’s in big trouble

Parma ham is one of Italy’s tastiest exports. Now it’s in big trouble
Business|Economy|Finance|Stock Markets|US

Most Gulf markets fall on Fed rate cut concerns

Most Gulf stock markets fell on Sunday after U.S economic data and comments from Federal Reserve officials pointed to a slower pace of interest-rate cuts.

Most Gulf markets fall on Fed rate cut concerns
Business|Economy|Europe

Russia resells more gas in Europe after cutting off Austria, sources, data show

Russian gas flows to Austria were suspended for a second day on Sunday because of a pricing dispute, but other

Russia resells more gas in Europe after cutting off Austria, sources, data show
Economy|MidEast|World

Israel economy rebounds with 3.8% growth in Q3 amid wars with Hamas, Hezbollah

Israel's economy grew more than expected in the third quarter, bouncing back somewhat from a weak spell since the start of war in Gaza with Palestinian Islamist

Israel economy rebounds with 3.8% growth in Q3 amid wars with Hamas, Hezbollah
Business|Economy|US

Small businesses are hurting at the worst possible time

Small businesses are hurting at the worst possible time

Small businesses are hurting at the worst possible time
Economy|Environment|World

G20 talks in Rio reach breakthrough on climate finance, sources say

Diplomatic tensions over global warming spilled over into the G20 summit negotiations in Brazil this week, with sources saying the 20

G20 talks in Rio reach breakthrough on climate finance, sources say
Business|Economy|Technology|US

Will the antitrust showdown launched under Biden turn into 'Let's Make A Deal' under Trump?

The U.S. antitrust watchdogs that pounced on Big Tech and deterred dealmaking throughout corporate America during President Joe Biden’s administration may be tamer and kept on a shorter leash by President-elect Donald Trump after he returns to the White House next year

Will the antitrust showdown launched under Biden turn into 'Let's Make A Deal' under Trump?
Business|Economy|Food|Lifestyle

How a viral, duct-taped banana came to be worth $1 million

Walk into any supermarket and you can usually buy a banana for less than $1

How a viral, duct-taped banana came to be worth $1 million
Business|Economy|Finance|US

Boeing issues layoff notices to 400-plus workers as it begins drastic cuts

Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its machinists' union

Boeing issues layoff notices to 400-plus workers as it begins drastic cuts
Business|Economy|Finance|Technology

Elon Musk wants Trump to disrupt Wall Street with his Treasury pick

Elon Musk wants Trump to disrupt Wall Street with his Treasury pick

Elon Musk wants Trump to disrupt Wall Street with his Treasury pick
Economy|Environment|World

G20 diplomats hit snags on climate, taxation and Ukraine, sources say

Diplomats from the Group of 20 major economies struggled on Saturday to overcome differences on paying to tackle climate change, taxing the super rich and

G20 diplomats hit snags on climate, taxation and Ukraine, sources say
Business|Economy|Environment|US

Trump picks fracking company CEO Chris Wright as next Department of Energy secretary

Trump picks fracking company CEO Chris Wright as next Department of Energy secretary

Trump picks fracking company CEO Chris Wright as next Department of Energy secretary
Business|Economy|Election|Finance|US

Trump made a lot of tax promises. Can he keep them?

Trump made a lot of tax promises. Can he keep them?

Trump made a lot of tax promises. Can he keep them?
Asia|Economy|World

Asia-Pacific summit closes in Peru with China’s Xi front and center as Trump whiplash looms

The Asia-Pacific Economic Cooperation forum has wrapped up with a spirit of detente that many fear the annual summit may not see again for four years

Asia-Pacific summit closes in Peru with China’s Xi front and center as Trump whiplash looms
Business|Economy|Lifestyle|US

Strike by workers at a casino near the Las Vegas Strip enters 2nd day

A walkout by hundreds of hospitality workers at a casino near the Las Vegas Strip entered its second day with union members willing to undergo the financial hardships of being out of work as they wait for a new contract

Strike by workers at a casino near the Las Vegas Strip enters 2nd day
Business|Economy|Technology

Barnes & Noble is making a comeback

Barnes & Noble is making a comeback

Barnes & Noble is making a comeback
Economy|Health|US

What to know about the congressional push to expand some Social Security benefits

The House has passed legislation that would provide full Social Security benefits to millions of people

What to know about the congressional push to expand some Social Security benefits
Business|Economy|Lifestyle

Weddings have long been expensive. Now, guests are paying, too

Weddings have long been expensive. Now, guests are paying, too

Weddings have long been expensive. Now, guests are paying, too
Business|Economy|Food|Health

McDonald's is investing $100 million to bring customers back after E. coli outbreak

McDonald’s is investing $100 million to bring customers back to stores after an outbreak of E

McDonald's is investing $100 million to bring customers back after E. coli outbreak
Business|Economy|Finance|Technology

If you haven’t been car shopping in a while, brace yourself

If you haven’t been car shopping in a while, brace yourself

If you haven’t been car shopping in a while, brace yourself
Business|Economy|Environment

US utilities want Trump, Republicans to save IRA tax credits, Edison CEO says

The U.S. utility industry wants the incoming Trump administration and

US utilities want Trump, Republicans to save IRA tax credits, Edison CEO says
Economy|Europe

While farmers protest, UK's Starmer says will defend budget 'all day long'

British Prime Minister Keir Starmer said on Saturday he would defend decisions taken in his Labour government's first budget "all day long", while farmers protested over changes to

While farmers protest, UK's Starmer says will defend budget 'all day long'
Economy|Europe|Political|World

G7 confirms pledge to impose severe costs on Russia for Ukraine war

Leaders of the Group of Seven (G7) major democracies on Saturday reiterated a pledge to keep imposing severe costs on Russia for its invasion of Ukraine, through sanctions, export

G7 confirms pledge to impose severe costs on Russia for Ukraine war
Business|Economy|Finance|US

7 ways a Trump administration could affect your finances

7 ways a Trump administration could affect your finances

7 ways a Trump administration could affect your finances
Business|Economy|Technology|Travel

The world’s longest-range, single-aisle plane is poised to shake up transatlantic travel

The world’s longest-range, single-aisle plane is poised to shake up transatlantic travel

The world’s longest-range, single-aisle plane is poised to shake up transatlantic travel
Business|Economy

OMV says its gas deliveries from Russia have stopped

Austrian energy company OMV said gas deliveries from Russia had ended at 6 a.m.

OMV says its gas deliveries from Russia have stopped
Economy|World

Troops, armored cars and patrol boats protect G20 summit

Brazil has deployed troops, armored vehicles and naval ships to reinforce security around the summit of leaders from the Group of 20 major economies who meet on Monday and

Troops, armored cars and patrol boats protect G20 summit
Economy|US

Britain should align with US on trade rather than pursue EU, says Trump aide

A senior economic adviser to U.S.

Britain should align with US on trade rather than pursue EU, says Trump aide
Economy|Environment|World

UN climate chief asks G20 leaders for boost as COP29 finance talks lag

The U.N.'s climate chief called on leaders of the world's biggest economies on Saturday to send a signal of support for global climate finance

UN climate chief asks G20 leaders for boost as COP29 finance talks lag
Economy|Environment|Finance|World

Protesters gather at UN climate talks in global day of action as progress on a deal slows

Hundreds of activists formed a human chain outside one of the main plenary halls at the United Nations climate summit on what is traditionally their biggest protest day during the two-week talks

Protesters gather at UN climate talks in global day of action as progress on a deal slows
Economy|Finance

IMF, Pakistan wrap up unscheduled talks on $7 billion bailout

The International Monetary Fund (IMF) said on Friday it held constructive talks with authorities in Pakistan on economic policy and reform efforts to reduce vulnerabilities

IMF, Pakistan wrap up unscheduled talks on $7 billion bailout
Business|Economy|Environment|Lifestyle|Travel

Forget downtown or the ’burbs. The far-flung exurbs are where people are moving

Not long ago, Polk County’s biggest draw was citrus

Forget downtown or the ’burbs. The far-flung exurbs are where people are moving
Economy|US

Alaska political leaders hope to see Trump undo restrictions on oil drilling

Political leaders in Alaska have welcomed President-elect Donald Trump's pledges to expand oil production

Alaska political leaders hope to see Trump undo restrictions on oil drilling
Business|Economy|Finance|Stock Markets|US

Archegos' Bill Hwang deserves 21 years in prison, US says

Bill Hwang, the founder of Archegos Capital Management, should spend 21 years in prison for running a market manipulation scheme that wiped out his $36 billion

Archegos' Bill Hwang deserves 21 years in prison, US says
Business|Economy|US|World

China willing to be partners, friends with US, Chinese envoy says

China is willing to be partners and friends with the United States, China's ambassador to Washington said, seeking to strengthen dialogue between the world's two largest economies.

China willing to be partners, friends with US, Chinese envoy says
Americas|Asia|Economy|Environment|World

New Zealand inks 'sustainable' trade deal with Switzerland, Costa Rica and Iceland

New Zealand signed a trade deal on Saturday with Switzerland, Costa Rica and Iceland to remove tariffs on hundreds of sustainable goods and services, in a move Wellington says will

New Zealand inks 'sustainable' trade deal with Switzerland, Costa Rica and Iceland
Africa|Economy|Finance|Stock Markets

S&P revises South Africa's outlook to positive on better reforms, growth potential

Ratings agency S&P revised South Africa's outlook to "positive" from "stable" on Friday, citing plans for accelerated economic reforms by the new government of national unity and a pickup

S&P revises South Africa's outlook to positive on better reforms, growth potential
Business|Economy|Finance

S&P revises Ireland's outlook on Apple back-tax boost; Fitch affirms ratings

S&P Global Ratings revised Ireland's outlook to "positive" from "stable" on Friday, citing extraordinary overperformance in corporate tax receipt collections, while peer agency Fitch

S&P revises Ireland's outlook on Apple back-tax boost; Fitch affirms ratings
Business|Economy|Finance|US

Judge blocks Biden administration's rule to expand overtime pay for millions

A federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. In a Friday ruling, U.S. District Judge Sean Jordan sided with the state of Texas and a group of business organizations that argued the Labor Department exceeded its authority when it finalized a rule earlier this year to significantly expand federal overtime eligibility for salaried workers

Judge blocks Biden administration's rule to expand overtime pay for millions
Americas|Economy|Finance

Mexico budget proposal trims 2025 deficit, sees better growth

Mexico expects its budget deficit next year to come down to 3.9% of GDP as growth increases, Finance Minister Rogelio Ramirez de la

Mexico budget proposal trims 2025 deficit, sees better growth
Business|Economy|Environment|Finance|Technology|US

New York judge rejects state efforts to shutter bitcoin mine over climate concerns

A New York judge has rejected an effort by state regulators to shutter a bitcoin mine over concerns about its greenhouse gas emissions

New York judge rejects state efforts to shutter bitcoin mine over climate concerns
Business|Economy|US

Lobby group asks Trump for investment rules overhaul

A trade group has asked the incoming Trump administration to consider a "comprehensive plan" for updating the U.S.

Lobby group asks Trump for investment rules overhaul
Business|Economy|Finance|US

Fed's Goolsbee sees another 125 bps of rate cuts by end-2025

Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end up cutting the policy rate by another quarter of a percentage

Fed's Goolsbee sees another 125 bps of rate cuts by end-2025
Business|Economy|US

US judge strikes down Biden overtime pay rule

A federal judge in Texas on Friday permanently blocked a Biden administration rule that would have made about 4 million more salaried U.S. workers eligible for overtime

US judge strikes down Biden overtime pay rule
Business|Economy|Finance|Technology|US

Company announces nearly $712 million project in Kentucky to make batteries used to store energy

A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy

Company announces nearly $712 million project in Kentucky to make batteries used to store energy
Business|Economy|Environment|Finance|Technology|US

EV companies, battery makers urge Trump not to kill vehicle tax credits

A group representing major electric vehicle and battery manufacturers on Friday urged President-elect Donald Trump not to kill tax credits for electric

EV companies, battery makers urge Trump not to kill vehicle tax credits

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