Carnival forecasts robust 2025 bookings as cruise demand booms
(Reuters) -Cruise operator Carnival (NYSE:CCL) Corp forecast strong bookings for 2025 ahead of the busy summer season as Americans remained eager to spend on experiences even as...
Fed's Williams says Fed remains on track for cuts, amid uncertain outlook
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of New York President John Williams said Friday he expects the central bank to deliver more interest rate cuts but...
Russia's central bank maintains key interest rate at 21%
-- The Bank of Russia held its key interest rate at 21% on Friday, contrary to economists' expectations of an increase to 23%. This decision marks the highest level...
Novo Nordisk shares plunge after CagriSema obesity drug trial disappoints
By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) - Novo Nordisk (NYSE:NVO) on Friday revealed disappointing results in a late-stage trial for its...
US consumer spending rises in November; monthly inflation benign
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's resilience,...
Fed policymakers prepare the ground for rate-cut pause next year
By Michael S. Derby, Ann Saphir (Reuters) -Federal Reserve policymakers, fresh from an interest rate cut this week, on Friday signaled their readiness to take a break from further...
Copper giant Peru foresees another production plateau in 2025
By Marco Aquino LIMA (Reuters) -Peruvian copper production is expected to remain flat in 2025 for the third straight year, according to the country's top mining association and...
Fed's Hammack says economic strength argued against rate cut
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack said Friday she voted against the central bank’s rate cut earlier this week...
Investors hope for 'Santa Claus' rally as stocks lose steam
By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) -With December so far delivering Scrooge-like returns in an otherwise stellar year for U.S. stocks, investors hope the tail end...
Core PCE inflation eases, Capital Economics sees strong U.S. economy
-- Capital Economics, a leading economic research firm, on Friday reported that the real economy remains robust as inflation pressures appear to be subsiding. The...