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Retailer Party City files for bankruptcy, will wind down 700 stores By Reuters

Retailer Party City files for bankruptcy, will wind down 700 stores By Reuters

By Mrinmay Dey (Reuters) – Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection in the United States on Saturday for the second time in two years as…

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Exclusive-Fed’s Barr seeks legal advice amid speculation Trump might remove him, sources say By Reuters

Exclusive-Fed’s Barr seeks legal advice amid speculation Trump might remove him, sources say By Reuters

By Pete Schroeder WASHINGTON (Reuters) -Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him, sources said, the latest…

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Stocks slide as US government shutdown looms, Trump targets Europe By Reuters

Stocks slide as US government shutdown looms, Trump targets Europe By Reuters

By Iain Withers and Stella Qiu LONDON/SYDNEY (Reuters) -Global stocks slid on Friday ahead of a possible U.S. government shutdown, while European shares came under fire after Donald Trump threatened to impose tariffs if consumers…

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Yen to rebound in 2025 as Fed easing cycle impacts wane, Capital Economics says By Investing.com

Yen to rebound in 2025 as Fed easing cycle impacts wane, Capital Economics says By Investing.com

Capital Economics on Thursday shared insights on the performance of the Japanese yen against the US dollar, predicting a stronger year for the yen in 2025. The analysis comes after a period of pressure on…

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Norway central bank keeps rate on hold, eyes March cut By Reuters

Norway central bank keeps rate on hold, eyes March cut By Reuters

OSLO (Reuters) -Norway’s central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as unanimously expected by analysts in a Reuters poll, and said it plans to start cutting…

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Fed can’t hold bitcoin, not seeking to change that, Powell says By Reuters

Fed can’t hold bitcoin, not seeking to change that, Powell says By Reuters

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. central bank has no desire to be involved in any government effort to hold large amounts…

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ECB’s Wunsch says weaker euro may take edge off US tariffs By Reuters

ECB’s Wunsch says weaker euro may take edge off US tariffs By Reuters

By Divya Chowdhury and Francesco Canepa MUMBAI (Reuters) -A weaker euro falling to parity with the dollar would cushion the impact of any new U.S. tariffs on euro zone growth although it would push up…

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Canada PM Trudeau reflecting on criticism amid leadership crisis, says ally By Reuters

Canada PM Trudeau reflecting on criticism amid leadership crisis, says ally By Reuters

By David Ljunggren OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau is reflecting on complaints about his leadership by legislators from the ruling Liberal Party who are unhappy that Finance Minister Chrystia Freeland quit, a close…

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Fed meeting, Nvidia correction, DAX weakness

Fed meeting, Nvidia correction, DAX weakness

Investing.com — Wall Street is seen trading slightly lower Tuesday ahead of the start of the last Federal Reserve policy meeting of the year. Nvidia shares have entered correction territory, while the German DAX could…

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Banxico to cut by 25 bps- analyst By Investing.com

Banxico to cut by 25 bps- analyst By Investing.com

Bank of America projects that the Bank of Mexico (Banxico) would reduce its policy rate by 25 basis points, bringing it down to 10.00% at the upcoming meeting on December 19. The financial institution anticipates…

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