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Macroeconomics
Dec 04, 2024
Trump picks ex-Senator Loeffler to head the Small Business Administration
WASHINGTON (Reuters) - U.S. President-elect Donald Trump said on Wednesday he has chosen former Senator Kelly Loeffler to head the Small Business Administration. "Kelly will...
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Dec 04, 2024
Trump picks former congressman Billy Long as IRS commissioner
(Reuters) - U.S. President-elect Donald Trump on Wednesday picked former congressman Billy Long to be commissioner of the Internal Revenue Service tax body. Trump cited Long's...
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Dec 04, 2024
Colombia replaces finance minister amid corruption scandal
By Carlos Vargas and Nelson Bocanegra BOGOTA (Reuters) -Colombian President Gustavo Petro said on Wednesday that finance vice minister Diego Guevara will step into that ministry's...
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Dec 04, 2024
UK firms jittery about rise in labour costs and Trump tariffs, survey shows
By Suban Abdulla LONDON (Reuters) - British companies face a challenging 2025, the British Chambers of Commerce said on Wednesday with an increase in employment costs and...
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Dec 04, 2024
Trump picks finance professor Faulkender for deputy Treasury secretary
By David Lawder and Ismail Shakil WASHINGTON (Reuters) - U.S. President-elect Donald Trump on Wednesday nominated University of Maryland finance professor Michael Faulkender as...
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Dec 04, 2024
American Eagle Outfitters lowers sales target on muted holiday expectations
By Juveria Tabassum (Reuters) -American Eagle Outfitters cut its target for annual comparable sales growth on Wednesday, in signs that apparel demand could be erratic during the...
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Dec 04, 2024
Powell says Fed can afford to be a little more cautious
By Howard Schneider NEW YORK (Reuters) -U.S. Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger now than the central bank had expected in September when...
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Dec 04, 2024
Morning Bid: Tentative calm in Seoul, US juggernaut rolls on
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets.  As a degree of calm descends on South Korean markets, for now at least, Asia is set for a positive open on...
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Dec 04, 2024
Mexico's Elektra shares deepen losses, Moody's flags 'reputational risks'
MEXICO CITY (Reuters) -Shares in Mexican retailer Grupo Elektra (BMV:ELEKTRA) deepened their losses on Wednesday, in a third day of volatile trades after the local stock...
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Dec 04, 2024
Trump taps former aide to work on Musk-led government efficiency plan
By David Shepardson WASHINGTON (Reuters) - President-elect Donald Trump on Wednesday named a former White House aide to serve as counsel to an effort co-led by Elon Musk to slash...
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