Economy

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, priced in on Thursday another 25-basis-point rate…

By Yomna Ehab and Ahmed Tolba CAIRO/DUBAI (Reuters) – Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve’s decision to…

(Reuters) -Versace-parent Capri Holdings (NYSE:CPRI) posted a bigger-than-expected drop in quarterly revenue on Thursday, hurt by execution missteps across brands and a global slowdown in luxury goods demand, sending its…

Watch Fed Chair Jerome Powell speak live following the FOMC decision to slash interest rates by 25 basis points. This post appeared first on investing.com

Investing.com — The Federal Reserve cut interest rates by 25 basis points on Thursday as ongoing progress against inflation and signs of slowing labor market continued to support the monetary…

SAO PAULO (Reuters) – Brazil’s President Luiz Inacio Lula da Silva will analyze two fiscal packages with spending cut measures that would amount up to 15 billion reais ($2.6 billion),…

(Reuters) – Global physically-backed gold exchange-traded funds (ETFs) saw inflows for the sixth straight month in October, with year-to-date flows turning positive for the first time this year, the World…

DAKAR (Reuters) – Africa’s main public health body said it is seeking assurances that U.S. President-elect Donald Trump’s administration will provide the funding and mpox vaccines promised by his predecessor.…

Investing.com — Deutsche Bank revised its forecast for the European Central Bank’s (ECB) terminal rate, lowering it from 2.25% to 1.50%, reflecting growing concerns about weaker macroeconomic conditions and inflation risks…