New York Fed paper challenges notion of discount window stigma
By Michael S. Derby NEW YORK (Reuters) – The banks most reluctant to tap the U.S. central bank’s discount window to shore up their capital are in fact those who…
EU ready to react to any renewed US trade tensions under Trump, ambassador says
WASHINGTON (Reuters) – The European Union is prepared to react to any renewed trade tensions with the United States that may emerge under President-elect Donald Trump’s second administration, the EU’s…
US business activity gauge rises to 31-month high in November
WASHINGTON (Reuters) – A measure of U.S. business activity raced to a 31-month high in November, boosted by hopes for lower interest rates and more business-friendly policies from President-elect Donald…
Mexico not a backdoor for Chinese products, president Sheinbaum says
MEXICO CITY (Reuters) – Chinese products are not entering the United States and Canada through Mexico, the president of the Latin American nation said on Friday, and the government will…
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…
More ECB cuts are coming but Dec discussion must wait, Nagel says
FRANKFURT (Reuters) – Friday’s unexpectedly weak survey on the health of the German economy merely confirm the country’s predicament and discussion on the possible size of the next ECB interest…
Israel keeping its ‘eyes open’ for Iranian attacks during Trump transition period, ambassador says
Israel’s U.N. Ambassador Danny Danon tells Fox News Digital that his country is keeping its ‘eyes open’ for any potential aggression from Iran during the Trump transition period, adding it…
Stefanik meets with senators as Trump’s UN ambassador nominee, touts ‘American First peace through strength’
Rep. Elise Stefanik, R-N.Y., met with 10 senators in the first two days of meetings while courting approval as President-elect Donald Trump’s nominee for U.S. ambassador to the United Nations. …
Trump’s team still hasn’t signed transition of power agreements, White House says
The Trump-Vance transition team has still not signed documents required to formally begin the transition of power, the White House says. Press Secretary Karine Jean-Pierre told reporters Thursday that ‘Our…
Mitch McConnell announces his new posts for the 119th Congress
Outgoing Senate Republican Leader Mitch McConnell, R-Ky., announced that he will chair the Senate Rules Committee as well as the Senate Appropriations Subcommittee on Defense during the 119th Congress. ‘America’s…