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European Central Bank cuts rates for fourth time this year
ECB lowers borrowing cost as inflation falls and economy remains weak. The European Central Bank cut interest rates for the fourth time this year and kept the door open to further easing in 2025 as ...The Guardian - Dec. 12 -
Welcome to ‘Super Thursday.’ One central bank in Europe has surprised with a 50-basis point cut.
The Swiss National Bank cut interest rates by a bigger-than-expected amount. Onto the ECB decision for later.MarketWatch - Dec. 12 -
More than 50 lawmakers faced swatting attacks in past month, Capitol Police chief says
In a Senate hearing Wednesday, the U.S. Capitol Police chief reported more than 50 members of Congress have been victims of swatting attacks in the past month. He said those threats have amounted ...CBS News - Dec. 11 -
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The case for a global defence bank
Transformative solutions are required to overhaul procurement and expand the pool of available capitalFinancial Times - Dec. 11 -
The astonishing success of Eurozone bailouts
As Greek borrowing costs fall to French levels, the bloc’s ‘periphery’ shows the value of steady reformFinancial Times - Dec. 11 -
India's new central bank governor takes over as economic growth slows and inflation rises
Sanjay Malhotra, a career civil servant, has become India’s new central bank governor at a time when the country’s economic growth is slowing and inflation is surgingABC News - Dec. 11 -
European Central Bank heads for last rate cut of year — but jumbo move seems off the table
The euro zone central bank will need to do "heavy lifting" next year to support the waning economy, analysts say.CNBC - Dec. 11 -
US stocks rally set to slow as investor ‘euphoria’ fades, say big banks
Wall Street strategists forecast S&P 500 will rise 8% by end of next year after big 2024 gainsFinancial Times - Dec. 11 -
Biden touts economic legacy, says Trump will inherit a strong economy
President Biden touted his economic record during a speech on Tuesday, despite high prices being a key factor in President-elect Donald Trump's win. CBS News political correspondent Caitlin ...CBS News - Dec. 10 -
European countries urged not to abandon Syrians applying for asylum
UN agency and charities call on governments not to leave refugees in limbo after UK and Germany suspend claims. The UN’s refugee agency and the UK’s biggest refugee charity have urged European ...The Guardian - Dec. 10 -
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India appoints Revenue Secretary Sanjay Malhotra as new central bank governor
India has appointed Sanjay Malhotra as governor of the country's central bank for a three-year period, according to CNBC TV18.CNBC - Dec. 9 -
India replaces ‘hawkish’ central banker Shaktikanta Das
Incoming Reserve Bank of India governor Sanjay Malhotra seen as more likely to cut rates despite rising inflationFinancial Times - Dec. 9 -
Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns
Bond giant says euro is vulnerable to further declines amid market ‘optimism’ over impact of Trump presidencyFinancial Times - Dec. 8 -
Syrian war monitor and pro-government media outlet say government forces have withdrawn from key central city of Homs
Syrian war monitor and pro-government media outlet say government forces have withdrawn from key central city of HomsABC News - Dec. 7 -
German stock rally counters European gloom
Dax has enjoyed an unexpectedly strong market performance since the US electionsFinancial Times - Dec. 6 -
Lululemon’s stock soars as 16 banks hike their price targets. One bear says sell into the rally.
The athleisure-apparel company’s pivot to bright colors seems to be working.MarketWatch - Dec. 6 -
Why do central banks buy gold? Experts weigh in
Knowing the main reasons why central banks buy gold could help inform your approach to gold investing.CBS News - Dec. 6 -
World Bank reaches $100bn funding target but faces Trump challenge
US contribution under Biden sets up potential battle in the new Congress next yearFinancial Times - Dec. 6 -
U.S. economy poised to dominate for the next 20 years — at the cost of growing inequality, economist says
U.S. economic dominance over other countries is poised to surge in the next 20 years due to its widening lead in technology and science, but at the expense of growing inequality at home.MarketWatch - Dec. 6 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India's growth has made RBI's task tougher.CNBC - Dec. 6 -
Trump tariffs a bigger concern than martial law crisis, says Korean central bank chief
Governor highlights US president-elect’s threats and intensifying competition from Chinese exportersFinancial Times - Dec. 6 -
Jack Eichel says Team USA seeks to prove it has closed the gap on Canada at 4 Nations Face-Off
It didn’t take much to stir Jack Eichel’s national pride in looking ahead to representing the United States at the 4 Nations Face-Off tournamentABC News - Dec. 5 -
The Syrian army says it has withdrawn from the central city of Hama after insurgents broke through its defenses
The Syrian army says it has withdrawn from the central city of Hama after insurgents broke through its defensesABC News - Dec. 5 -
World economy has exited the ‘boom and bust’ cycle, BlackRock says
‘Mega forces’ including artificial intelligence technologies are reshaping the global economy in a way that has seen it leave behind traditional boom and bust cycles, BlackRock saidMarketWatch - Dec. 5 -
Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank
The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contractionABC News - Dec. 5 -
Why is this European city ranked No. 1 in the world for expats?
These are the best cities for international workers, according to a new quality-of-life ranking. Here's why this European locale tops the list.CBS News - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
Senator Blasts Airlines, Saying They See Passengers as ‘Walking Piggy Banks’
Sen. Richard Blumenthal (D-Conn.) ripped the five largest airlines for collecting $12.4 billion in seat fees between 2018 and 2023.Inc. - Dec. 4 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Central Cee and Jorja Smith among Mobo nominees
They are among several three-time nominees for the 2025 ceremont, alongside Cleo Sol and Ghetts.BBC News - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - Dec. 4 -
How Bangladesh’s Economy Was Siphoned Dry
Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister.The New York Times - Dec. 4 -
Campbell’s is getting a new CEO. Analysts say he could face these ‘uncertainties’ as Trump takes office.
Campbell’s Co. on Tuesday said its current chief executive would depart to take on a leadership role for the Washington Commanders NFL team, and the soup and snack maker reported mixed ...MarketWatch - Dec. 4 -
U.S. investors watch French budget mess amid memories of eurozone debt crisis
Bond-market participants in the U.S. and abroad were zeroing in Tuesday on the possibility that French Prime Minister Michel Barnier’s government could fall and assessing whether this could turn ...MarketWatch - Dec. 3 -
Exploring the Haciendas of Central Mexico
Within a few hours’ drive of Mexico City, these centuries-old estates have become restaurants, museums, hotels and even water parks. In all of them, beauty and history linger.The New York Times - Dec. 2