Four People Survive for 20 Hours Aboard Upturned Catamaran
On Tuesday morning, the U.S. Coast Guard rescued four people from the upturned hull of a pleasure vessel about 26…
Good chance Trump may unveil Fed pick by Christmas, Bessent says
U.S. Treasury Secretary Scott Bessent said on Tuesday he was concluding a second round of interviews later in the day…
Two more rate cuts, but yields to be rangebound – JPMorgan
U.S. Treasury yields are likely to be rangebound in the next few months even with the Federal Reserve expected to…
Fed’s Waller: December cut appropriate, but January action more uncertain
The job market is weak enough to warrant another quarter-point rate cut in December, though action beyond that depends on…
Fed’s Miran ties rising unemployment to current setting of monetary policy
Federal Reserve Governor Stephen Miran said in a television interview on Tuesday that a deteriorating job market was happening because…
US consumer confidence in deteriorates in November
U.S. consumer confidence sagged in November as households worried about jobs and their financial situation, likely in part because of…
Second estimate of third-quarter GDP offers no relief for German economy
How do you spell stagnation? G-E-R-M-A-N-Y. In the past three years, the German economy has recorded only two quarters of…
US pending home sales increase in October amid lower mortgage rates
Contracts to purchase previously owned U.S. homes increased more than expected in October, likely as lower mortgage rates pulled buyers…
BoE bond sales may be pushing up borrowing costs by more than thought, research shows
The Bank of England’s unwinding of its vast stockpile of British government bonds has likely raised gilt yields by more…
Fitch Ratings: Global Investment Managers Sector Outlook Is Deteriorating for 2026
Fitch Ratings’ sector outlook for global investment managers (IMs) is ‘deteriorating’ for 2026. Fitch has revised its subsector outlook for…