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Macroeconomics
Dec 20, 2024
US Congress scrambles to try to avert looming shutdown after Trump demand rejected
WASHINGTON (Reuters) - The U.S. Congress was scrambling to avert a partial government shutdown on Friday, hours after more than three dozen Republicans rejected a demand by...
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Dec 20, 2024
Investors hope for US stock market trifecta in 2025 after back-to-back boom years
By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) - Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, fueled by a solid...
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Dec 20, 2024
EU approves Nvidia's acquisition of Run:ai
BRUSSELS (Reuters) - The European Commission said on Friday it has approved unconditionally Nvidia (NASDAQ:NVDA)'s $700 million bid for Run:ai. The EU's probe into the deal...
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Dec 20, 2024
S&P 500, Nasdaq dip as rate cut fears linger despite easing inflation
By Medha Singh and Purvi Agarwal (Reuters) - The S&P 500 and the Nasdaq dipped on Friday as fears over high interest rates next year loomed, although a cooler-than-expected...
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Dec 20, 2024
Carnival forecasts robust 2025 bookings as cruise demand booms
(Reuters) -Cruise operator Carnival (NYSE:CCL) Corp forecast strong bookings for 2025 ahead of the busy summer season as Americans remained eager to spend on experiences even as...
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Dec 20, 2024
Fed's Williams says Fed remains on track for cuts, amid uncertain outlook
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of New York President John Williams said Friday he expects the central bank to deliver more interest rate cuts but...
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Dec 20, 2024
Russia's central bank maintains key interest rate at 21%
-- The Bank of Russia held its key interest rate at 21% on Friday, contrary to economists' expectations of an increase to 23%. This decision marks the highest level...
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Dec 20, 2024
Novo Nordisk shares plunge after CagriSema obesity drug trial disappoints
By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) - Novo Nordisk (NYSE:NVO) on Friday revealed disappointing results in a late-stage trial for its...
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Dec 20, 2024
US consumer spending rises in November; monthly inflation benign
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's resilience,...
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Dec 20, 2024
Fed policymakers prepare the ground for rate-cut pause next year
By Michael S. Derby, Ann Saphir (Reuters) -Federal Reserve policymakers, fresh from an interest rate cut this week, on Friday signaled their readiness to take a break from further...
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