Morning Bid: Wall St near records as central banks end 2024 with rate cuts
A look at the day ahead in U.S. and global markets by Samuel Indyk The stellar year for U.S. stock markets took…
US data has Fed striding toward rate cut next week, and tip-toeing into 2025
By Howard Schneider WASHINGTON (Reuters) – Investors view it as a near given that the U.S. Federal Reserve will cut interest rates…
India’s November retail inflation eases, boosts rate cut hopes
By Nikunj Ohri NEW DELHI (Reuters) -India’s retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest…
Pope Francis calls for new global accords on debt, military spending
By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis called on Thursday for new international agreements to reduce the debt burden faced by…
Trump crypto venture partners with platform linked to Middle East militants
(Reuters) – A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has…
India’s October industrial output at 3-month high of 3.5% y/y
NEW DELHI (Reuters) – India’s industrial output rose 3.5% year-on-year in October, government data showed on Thursday. Economists polled by Reuters had…
China vows to issue more debt, cut interest rates next year
By Ellen Zhang and Kevin Yao BEIJING (Reuters) – China pledged on Thursday to increase the budget deficit, issue more debt and…
Bank of Canada cuts main interest rate to 3.25%
OTTAWA–In a move to mitigate slower economic growth and a weakening labor market, the Bank of Canada has reduced its main interest…
Nasdaq hits 20,000 for first time as AI rally rages on
(Reuters) – The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on…
Health care execs seek to better understand patient outrage after UnitedHealthcare killing
NEW YORK (Reuters) – Health care companies are taking a step back to better understand patients’ experiences after a powerful U.S. health…
