Editor’s Pick

By Jamie McGeever ORLANDO, Florida (Reuters) – As the Fed prepares to cut interest rates, U.S. households are sitting on their largest accumulation of net wealth in history. By some…

By Nell Mackenzie LONDON (Reuters) – Hedge fund Citadel said on Monday it has hired London-based portfolio managers for its Fixed Income and Macro business adding three new hires to…

By John Revill ZURICH (Reuters) – Nearly a quarter of Swiss industrial companies are unhappy with the service from UBS, notably in lending, since its 2023 Credit Suisse takeover, a…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the fed funds rate, which measures the cost of unsecured overnight loans between banks, have priced in a nearly 60% chance…

((This Sept. 13 has been corrected to fix the minister’s surname throughout, to Sharlapaev from Sharlapayev)) By Olzhas Auyezov and Eric Onstad ALMATY (Reuters) – Kazakhstan aims to boost output…

By Panu Wongcha-um and Kitiphong Thaichareon BANGKOK (Reuters) – The Thai government will nominate a ruling party loyalist and critic of the central bank governor for chair of the Bank…

By Mark John and Foo Yun Chee (Reuters) – Mario Draghi’s call last week for a revamp of Europe’s tough pro-competition policy rules prompted much speculation that the EU’s next…

Investing.com — The US Federal Reserve should consider taking a more aggressive approach and cut interest rates by 50 basis points at its upcoming policy meeting, according to New York…

Investing.com — The Federal Reserve is widely tipped to slash interest rates at the conclusion of its latest two-day meeting this week, but uncertainty still surrounds the scope of the…