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Economy

Economy

Trump taps Scott Bessent for Treasury, capping long drama over choice

By Steve Holland and Alexandra Ulmer (Reuters) -President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S….
Economy

What would it take for the Fed to pause rate cuts?

Investing.com — A more cautious tone from the Federal Reserve officials on further rate cuts and the recent swath of upbeat economic…
Economy

What could Trump 2.0 mean for global trade?

Investing.com — A second Trump administration could bring significant shifts to global trade policy, signaling a return to the assertive and transactional…
Economy

Brazil freezes spending at $3.33 billion to comply with fiscal rules

BRASILIA (Reuters) – Brazil’s government tightened spending controls late on Friday, freezing expenditure at 19.3 billion reais ($3.33 billion) to comply with…
Economy

US SEC obtained record financial remedies in fiscal 2024, agency says

NEW YORK (Reuters) -The U.S. Securities and Exchange Commission obtained $8.2 billion in financial remedies, the highest amount in its history, in…
Economy

Treasury Secretary role, Bitcoin, European woes – what’s moving markets

Investing.com — Wall Street is set for a muted start Friday, but the main averages are on course to register a positive…
Economy

Exclusive-Medical supply firm Medline aims to raise over $5 billion in 2025 IPO, sources say

By Echo Wang NEW YORK (Reuters) -Private equity-owned Medline Industries is aiming to raise more than $5 billion in its U.S. initial…
Economy

Global equity funds’ weekly inflows slow on geopolitical tensions

(Reuters) – Inflows into global equity funds slowed in the week ending Nov. 20 due to geopolitical tensions between Russia and the…
Economy

US equity funds gain inflows for third week in a row

(Reuters) – U.S. investors snapped up equity funds for a third successive week through Nov. 20, buoyed by optimism over rising corporate…
Economy

ECB’s Lagarde renews integration call as trade war looms

FRANKFURT (Reuters) – European Central Bank President Christine Lagarde renewed her call for economic integration across Europe on Friday, arguing that intensifying…
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