New French government set to be named later on Monday
PARIS (Reuters) -France's new government is set to be named later on Monday evening, the presidency said in a statement, as centrist prime minister Francois Bayrou tries to find a...
US new home sales rebound in November after hurricane drag
WASHINGTON (Reuters) - Sales of new U.S. single-family homes rebounded in November after being depressed by hurricanes in the prior month, but rising mortgage rates could hamper...
US core capital goods orders rebound as economy eyes strong end to 2024
By Lucia Mutikani WASHINGTON (Reuters) - New orders for key U.S.-manufactured capital goods surged in November amid strong demand for machinery, offering more signs that the...
Macquarie sees potential CAD rise with Canada's political shift
On Monday, a strategist from Macquarie suggested that the Canadian dollar (CAD) could appreciate and the USD/CAD exchange rate might reach its peak sooner than expected if Canada...
Exclusive-World Bank staff question Ethiopia debt assessment reached with IMF, memo shows
By Karin Strohecker LONDON (Reuters) - Some World Bank staff have criticised an assessment of Ethiopia's finances conducted with the International Monetary Fund, questioning...
Canada's Trudeau faces increasing pressure from his own MPs to quit
By David Ljunggren OTTAWA (Reuters) - Canadian Prime Minister Justin Trudeau, whose party looks set to lose power early next year, is under increasing pressure from his own...
Fed's next rate cut to come in June, UBS says
-- UBS economists expect the Federal Reserve to deliver the next interest rate cut in June, by 25 basis points (bps), followed by another one in September. The Fed...
Go Small: Using financial resolutions to get your money right
By Chris Taylor NEW YORK (Reuters) - For many people, financial resolutions might be lighthearted fodder for small talk at holiday parties. Not for Cynthia Luna. She is deadly...
Euro zone bond yields edge up to one-month high
By Harry Robertson LONDON (Reuters) - Euro zone bond yields ticked up to their highest level in around a month on Monday before dipping slightly as investors continued to try to...
How investments may fare during Trump 2.0 and Fed easing
By Saqib Iqbal Ahmed NEW YORK (Reuters) - U.S. investors are preparing for a swathe of changes in 2025, from tariffs and deregulation to tax policy, that will ripple through...