US Fed bank boards more diverse this year than last
(Reuters) – The boards of directors of the Federal Reserve’s 12 regional banks have grown more diverse by gender and race in 2025, data released by the U.S. central bank…
Economy
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Markets can weather a ‘no landing’ scenario, Deutsche Bank says
Investing.com — Markets are struggling in the wake of a surging Treasury yields on fresh fears disinflation could be stalling even as growth remains solid, but Deutsche Bank (ETR:DBKGn) believes…
Top House Republican says should be conditions on California wildfire aid
WASHINGTON (Reuters) – Republican U.S. House Speaker Mike Johnson said on Monday that Congress should place conditions on aid to Los Angeles communities devastated by wildfires, alleging that state and…
Crypto firm Tether and its founders finalising move to El Salvador
By Federico Maccioni DUBAI (Reuters) – Cryptocurrency firm Tether plans to move its headquarters to El Salvador, as the founders behind the world’s biggest stablecoin look to capitalise on the…
New York Fed survey finds mixed inflation expectations in December
By Michael S. Derby NEW YORK (Reuters) -U.S. consumers’ outlook on the expected path of inflation was mixed in December amid rising worries about households’ ability to make debt payments,…
Factbox-Brokerages see uncertain 2025 on worries over potential Trump tariffs
(Reuters) -Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They expect U.S. President-elect Donald Trump’s proposed tariffs to fuel volatility across global…
Analysis-UK’s Reeves struggles to find ways out of market slump
By William Schomberg LONDON (Reuters) – Britain’s finance minister Rachel Reeves and Prime Minister Keir Starmer are seeking to stem a market slump, but for now what happens next to…
Russian central bank dismisses retail deposit freeze rumours
MOSCOW (Reuters) – The Russian central bank has sought to dismiss rumours about a possible freezing of retail deposits, which have seen explosive growth in recent months due to rising…
Argentina markets look to rate cut, crawling peg to add fuel to New Year rally
By Walter Bianchi BUENOS AIRES (Reuters) – Investors in Argentina are betting on a potential interest rate cut and a slower ‘crawling peg’ for the local peso will prolong a…
European Central Bank joins Bluesky, rival to Elon Musk’s X
By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank began posting on the Bluesky micro-blogging platform on Monday, joining a rival to Elon Musk’s X just as the U.S.…