Probably time to invest in Europe, BlackRock’s Fink tells Davos
DAVOS, Switzerland (Reuters) -There is too much pessimism around Europe and it could be time to be investing back in the region, BlackRock (NYSE:BLK) CEO Larry Fink said at the…
China 2024 fiscal revenue growth shrinks, non-tax income jumps
BEIJING (Reuters) -China’s fiscal revenue in 2024 grew 1.3% from a year earlier, slowing sharply from a 6.4% rise in 2023, finance ministry data showed on Friday, as a protracted…
As Cuba-US relations sour, the island needs dollars more than ever
By Marc Frank HAVANA(Reuters) – Cash-starved Cuba this month opened the first grocery store to accept hard U.S. currency on the island in nearly two decades, the latest sign in…
Futures dip on Trump policy uncertainty; data, earnings awaited
(Reuters) – U.S. stock index futures dipped on Friday, as uncertainty about President Donald Trump’s trade policies prevailed, while investors also awaited data and corporate earnings reports that could throw…
Stumbling growth and stubborn inflation: the BoE’s rate cut challenge
By William Schomberg and Sumanta Sen LONDON (Reuters) – The Bank of England must contend with a slowdown in Britain’s economy but also stubborn inflation pressures when it considers whether…
Fed to hold rates steady at an unsteady moment
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story unfolding will be how the…
Fed’s rate-cut view set to test resurgent US stocks rally
By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – The Federal Reserve’s first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge…
A Fed on hold, for now, eyes strong jobs, easing inflation
By Howard Schneider WASHINGTON (Reuters) – At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their 2% target and had watched job…
Russians could face jail for divulging logistics of sanctioned goods
MOSCOW (Reuters) – A Russian draft law proposes punishment of up to seven years in prison and heavy fines for the public disclosure of information about the supply chains of…
Trump’s latest hires and fires rankle Iran hawks as new president suggests nuclear deal
If President Donald Trump’s personnel moves are any tell, he may come out of the gate toward Iran with a tone that is more diplomatic than combative. And Trump on…