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What is reconciliation, the tool Republicans want to use to ‘push the outer limits’ on federal policy?

Republicans are already making big plans for the 119th Congress, many of which center on using a legislative maneuver called reconciliation.  GOP…
Economy

ECB’s Nagel says Trump’s tariffs may have minor impact on inflation

FRANKFURT (Reuters) – The tariffs promised by U.S. President-elect Donald Trump would upend international trade but may ultimately have a “minor impact”…
Economy

London stocks start week on steady note; Melrose shines

(Reuters) – UK’s main stock indexes traded in a tight range on Monday, as caution prevailed ahead of an inflation report due…
Economy

ECB’s Makhlouf: Premature to make decisions based on new U.S. administration

DUBLIN (Reuters) – European Central Bank policymaker Gabriel Makhlouf said it would be premature to start making decisions on what a new…
Economy

Brazil fiscal package done but defense ministry OK pending, Haddad says

SAO PAULO (Reuters) – The Brazilian government’s package of spending cuts is practically done and will be released soon, pending only a…
Economy

Bank Indonesia to keep rates steady on Nov. 20 to stabilise battered rupiah: Reuters poll

By Rahul Trivedi BENGALURU (Reuters) – Bank Indonesia will leave interest rates unchanged on Wednesday, aiming to protect the rupiah from further…
Stock

Enel raises 2027 targets, boosts capex; Jefferies reiterates ‘buy’

Investing.com — Enel’s (ETR:ENEI) updated 2025-2027 guidance posted a mixed yet cautiously optimistic outlook.  The utility giant projects an EBITDA range of…
Stock

US no-frills pioneer Spirit Airlines files for bankruptcy protection

(Reuters) -Spirit Airlines has filed for bankruptcy protection, it said on Monday, after the pioneer of no-frills travel in the U.S. struggled…
Stock

UBS says S&P 500 returns in 2025 likely to be ‘backloaded’

Investing.com — UBS strategists see the S&P 500 index ending the 2025 year at around 6,400. This would mark an approximate 9%…
Stock

India stocks lower at close of trade; Nifty 50 down 0.30%

Investing.com – India stocks were lower after the close on Monday, as losses in the Technology, Oil & Gas and Fast Moving…
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