Economists expect Fed to cut rates next, but slow pace in 2025: Bloomberg survey
-- Next (LON:NXT) week's Federal Reserve widely expected Federal Reserve rate cut is now expected to be accompanied by a less dovish outlook of just three rate cuts...
Exxon wants to keep option for Hess Guyana assets, CEO says
(This Dec. 11 story has been corrected to say that the goal is to keep the option open if Hess arbitration succeeds, in the headline and paragraph 1) HOUSTON (Reuters) - Exxon...
US Supreme Court will hear clash over religious exemptions from Wisconsin tax
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court agreed on Friday to hear a bid by an arm of a Catholic diocese in Wisconsin for a religious exemption from the state's...
Fed rate view in focus as robust stocks year draws to close
By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) - A banner year for U.S. stocks gets one of its last big tests with the coming week’s Federal Reserve meeting, as investors await...
December rate cut baked in, but Fed to signal cautious about rate-cut path ahead
-- The November inflation released this week helped cool fears that disinflation is stalling, giving the Federal Reserve room to cut interest rates next week, but the...
Macron's new PM Bayrou faces budget battle with fractious French parliament
By Gabriel Stargardter and Makini Brice PARIS (Reuters) -New French Prime Minister Francois Bayrou said on Friday he faced a "Himalaya" of a challenge to tackle France's deficit,...
UK GDP contracts in October, raising Q4-24 recession concerns - Deutsche Bank Research
UK's economic performance has raised concerns as the Office for National Statistics (ONS) reported a contraction in the October gross domestic product (GDP) by 0.1%...
US watchdog caps bank overdraft fees over industry objection
(Reuters) -The U.S. watchdog agency for consumer finance on Thursday adopted new regulations capping the amount banks can charge for overdrafts, saying the rule would save...
Marginal rise in US import prices suggests inflation pressures may subside
By Lucia Mutikani WASHINGTON (Reuters) -U.S. import prices barely rose in November as increases in the costs of food and fuels were partially offset by decreases elsewhere thanks...
Malaysian workers' lawsuit against Dyson revived by UK court
LONDON (Reuters) - Two dozen migrant workers who allege they were subjected to forced labour at a Malaysian factory while making parts for British vacuum cleaner manufacturer...