Financial News

Fed sees risks to both sides of its dual mandate.

Bank of England trims rates by 25bps, signaling a cautious easing approach as inflation slows but future tax hikes raise economic uncertainty.

Trump’s tariff threat casts shadow over Germany’s fragile recovery amid economic slowdown

Gasoline inventories increased by 0.4 million barrels from the previous week.

Donald Trump’s emphatic victory in the US presidential elections is a net negative for US risks over the medium run because it raises financial risk, although nearer-term implications for the economy are more mixed.

Trump’s election lead sends stocks, Bitcoin, and the dollar surging as investors bet on a pro-growth agenda. Discover market reactions and future forecasts.

The services sector expanded for the 50th time in 53 months.

Taco Bell’s resilience boosts Yum, while KFC and Pizza Hut see declines. Learn how Yum, Restaurant Brands, and Marqeta face sector challenges.

Nvidia joins the Dow, replacing Intel in a major AI-driven shift as its market cap soars, reflecting tech’s dominance in the stock market.

Trump’s tariff plans could reignite US-China trade tensions, risking global economic disruption.

The report showed that companies did not want to invest in capital and inventory amid political uncertainty.

Questions remain over the UK autumn budget’s ability to meaningfully boost long-run economic growth. The easing of budgetary constraints and reduced monetary flexibility pose economic risks.

U.S. October jobs report shows only 12,000 new jobs, missing forecasts. Unemployment steady at 4.1%—what’s driving the labor market slowdown?

China’s Caixin PMI returns to expansion, signaling stronger demand but raising cost and employment concerns.

Apple, Amazon, and Intel earnings reveal key industry trends as growth in cloud, iPhone sales, and AI position these tech giants for 2024 competition.

Natural gas prices test new lows as traders react to the EIA report.

Microsoft’s cloud growth boosts earnings, Meta outperforms but misses user targets, and Starbucks strategizes for recovery after sales drop.

Gasoline inventories decreased by 2.7 million barrels from the previous week.

U.S. Q3 GDP grew 2.8%, missing the 3.1% forecast as consumer spending slowed. Rising imports and weak housing investment also dampened growth.

October’s ADP report surprises with 233,000 private jobs added, driven by health, trade, and hospitality sectors—beating forecasts by over 100,000.