Why the slowdown in Gen X’s spending?
Investing.com — “Bank of America internal card data shows that Gen X discretionary spending has been particularly weak compared to that of other generations”, said analysts from BofA Securities. Gen…
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Japan’s incoming PM Ishiba calls for loose monetary policy
TOKYO (Reuters) – Japan’s incoming prime minister Shigeru Ishiba said on Sunday the country’s monetary policy must remain accommodative as a trend. “It’s something the Bank of Japan, which is…
Tata iPhone component plant disrupted by fire, 10 given medical aid
By Haripriya Suresh and Praveen Paramasivam HOSUR, India (Reuters) – At least 10 people received medical treatment, with two hospitalised, after a major fire on Saturday disrupted production at a…
3 big questions about the global economic outlook
Investing.com — Economic research firm Capital Economics released a note on Monday, in which it has identified three major questions shaping the global economic outlook: the post-COVID economy, Europe’s economic…
Why Fed’s 50bp move hasn’t changed much for global central banks
Morgan Stanley analysts believe the Federal Reserve’s recent 50 basis point (bp) rate cut does not signal a significant change in its reaction function and will have limited impact on…
Did China just launch a bazooka?
Investing.com — Financial markets in China have experienced a jolt after announcements of policies that have been compared to launching a “bazooka.” As per analysts at BCA Research, these measures…
Will Europe do whatever it takes?
Investing.com — Analysts from BCA Research in a note examined a pivotal question: Will Europe do whatever it takes to revive its economy and tackle its problems? The analysts however…
Four ways tariffs drive up inflation
Investing.com — In recent months, economists have been cautiously optimistic, celebrating the containment of inflation after a turbulent period. However, the prospect of tariffs threatens to undermine this progress, potentially…
LVMH deal spurs rally in Moncler, speculation about luxury sector M&A
By Mimosa Spencer and Anna Pruchnicka PARIS (Reuters) -Shares in Moncler rose sharply on Friday after French rival LVMH invested in the Italian outerwear specialist, fuelling speculation about the long-term…
US Medicare says Part D and Advantage premiums will fall in 2025
By Ahmed Aboulenein WASHINGTON (Reuters) – Average premiums and benefits for Medicare’s prescription drug program and private Medicare plans are projected to remain stable in 2025 with premiums slightly declining,…