Colombia replaces finance minister amid corruption scandal
By Carlos Vargas and Nelson Bocanegra BOGOTA (Reuters) -Colombian President Gustavo Petro said on Wednesday that finance vice minister Diego Guevara will step into that ministry's...
UK firms jittery about rise in labour costs and Trump tariffs, survey shows
By Suban Abdulla LONDON (Reuters) - British companies face a challenging 2025, the British Chambers of Commerce said on Wednesday with an increase in employment costs and...
Trump picks finance professor Faulkender for deputy Treasury secretary
By David Lawder and Ismail Shakil WASHINGTON (Reuters) - U.S. President-elect Donald Trump on Wednesday nominated University of Maryland finance professor Michael Faulkender as...
American Eagle Outfitters lowers sales target on muted holiday expectations
By Juveria Tabassum (Reuters) -American Eagle Outfitters cut its target for annual comparable sales growth on Wednesday, in signs that apparel demand could be erratic during the...
Powell says Fed can afford to be a little more cautious
By Howard Schneider NEW YORK (Reuters) -U.S. Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger now than the central bank had expected in September when...
Morning Bid: Tentative calm in Seoul, US juggernaut rolls on
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. As a degree of calm descends on South Korean markets, for now at least, Asia is set for a positive open on...
Mexico's Elektra shares deepen losses, Moody's flags 'reputational risks'
MEXICO CITY (Reuters) -Shares in Mexican retailer Grupo Elektra (BMV:ELEKTRA) deepened their losses on Wednesday, in a third day of volatile trades after the local stock...
Trump taps former aide to work on Musk-led government efficiency plan
By David Shepardson WASHINGTON (Reuters) - President-elect Donald Trump on Wednesday named a former White House aide to serve as counsel to an effort co-led by Elon Musk to slash...
Economic outlook rises, but concerns tariffs could reignite inflation emerge: Fed
- The outlook for economic growth picked up in recent weeks amid expectations for the labor market to remain steady over the next year, but concerns that potential...
US economy grew slightly in recent weeks, Fed survey says
(Reuters) -U.S. economic activity has expanded slightly in most regions since early October, with employment growth "subdued" and inflation rising at a modest pace and businesses...