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Macroeconomics

This European sector has a positive outlook under Trump 2.0, Bernstein says

-- The European defense sector is positioned for growth under a potential second term of Donald Trump, according to analysts at Bernstein. In the aftermath of the...

US judge won't revive rule capping credit card late fees at $8

By Nate Raymond (NS:RYMD) (Reuters) -A federal judge in Texas rejected on Friday a request by the Consumer Financial Protection Bureau to lift an order that has blocked a new...

Fitch revises Hungary's outlook to 'stable'

(Reuters) - Credit ratings agency Fitch on Friday revised its outlook on Hungary to "stable" from "negative," citing reduction in macroeconomic imbalances driven by improved...

S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view

By Caroline Valetkevitch NEW YORK (Reuters) -The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica (NASDAQ:LULU)...

US regulator places Google Payment under supervision, company sues

(Reuters) -The US watchdog for consumer finance on Friday announced it was ordering federal supervision of Google (NASDAQ:GOOGL) Payment Corp., the internet giant's payment arm, a...

Deep dive into Nov. payrolls report flags weakness, keeping Dec. rate-cut on table

-- Job gains came roaring back in November following a slump in October, but a deeper dive into data point to sign of underlying weakness in the labor market, giving...

Fed seen poised to cut rates this month, debate 2025 pause

By Howard Schneider and Ann Saphir CHICAGO/PALO ALTO, California (Reuters) - Federal Reserve officials appear on track to cut interest rates this month after data showed the U.S....

Bank of Canada to slash rates by another 50 bps on Dec. 11: Reuters poll

By Mumal Rathore and Pranoy Krishna (Reuters) - The Bank of Canada will slash interest rates by a half percentage point at a second consecutive meeting on Dec. 11, according to a...

Inflation report poses test for stocks rally as Fed meeting looms

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) - An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial...

Macron, refusing to resign, struggles on in search for stable French government

By Benoit Van Overstraeten PARIS (Reuters) -French President Emmanuel Macron began his latest search for a prime minister on Friday as the centre-left Socialists signalled they...

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