Economy

Trump faucets Scott Bessent for Treasury, capping lengthy drama over selection

By Steve Holland and Alexandra Ulmer (Reuters) -President-elect Donald Trump on Friday mentioned he'll nominate outstanding investor Scott Bessent as…

4 months ago

Is inflation gobbling up your Thanksgiving plans?

By Lauren Younger This was initially printed within the Reuters On the Cash e-newsletter, the place we share U.S. personal-finance…

4 months ago

TikTok CEO sought Musk’s enter forward of Trump administration, WSJ experiences

(Reuters) -ByteDance-owned TikTok Chief Govt Officer Shou Zi Chew has sought enter on U.S. issues from Elon Musk, an in…

4 months ago

JPMorgan breaks down 2 paths for the US financial system in 2025

Investing.com -- J.P. Morgan’s 2025 U.S. financial outlook outlines two potential paths for the nation’s financial system, hinging on the…

4 months ago

Prime 5 issues to look at in markets within the week forward

Investing.com -- The US is to launch inflation numbers which shall be carefully watched as buyers attempt to gauge the…

4 months ago

Swiss voters reject extra powers for landlords on subletting

ZURICH (Reuters) - Swiss voters narrowly rejected a change within the legislation giving landlords extra powers to limit subletting by…

4 months ago

Australia watchdog, cautious of slowing job market, maintains tight residence mortgage rule

SYDNEY (Reuters) - Australia's banking regulator on Monday stated it could retain a 3% serviceability buffer for residence mortgage lending…

4 months ago

Trump Treasury decide Scott Bessent to prioritize tax cuts, WSJ studies

(Reuters) -President-elect Donald Trump's nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax lower pledges, he…

4 months ago

Take 5: Underneath strain

LONDON (Reuters) -World markets proceed to evaluate what the upcoming U.S. administration of President-elect Donald Trump administration will carry, as…

4 months ago

Tech-wary Germans get hooked with on-line procuring behavior

By Maria Martinez BERLIN (Reuters) - In only some years, Germans have grow to be a nation of internet buyers,…

4 months ago