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Economy

Economy

AI boom, Fed rate cuts lift U.S. stocks to new highs in 2024

(Reuters) – U.S. stocks index futures edged higher in the last trading session of 2024, continuing its bull run from more than…
Economy

China’s Xi pledges more proactive economic policies in 2025

BEIJING (Reuters) – China’s 2024 gross domestic product (GDP) is expected to exceed 130 trillion yuan ($17.8 trillion), President Xi Jinping said…
Economy

China’s GDP to hit government’s target for 2024: President Xi

Investing.com — China’s economy is on track to expand by about 5% in 2024, President Xi Jinping said, signaling the country is…
Economy

Wall St futures slip on elevated Treasury yields

(Reuters) – U.S. stock index futures slipped in light trading volumes on Monday as elevated Treasury yields threatened to pressure a historically…
Economy

US disburses $3.4 billion in budget aid for Ukraine, Yellen says

By Andrea Shalal WASHINGTON (Reuters) – The United States has sent $3.4 billion in additional budget aid to Ukraine, giving the war-torn…
Economy

Analysis-Lula’s embrace of new Brazil central banker has markets wary

By Marcela Ayres BRASILIA (Reuters) – After months of rancor, ties between President Luiz Inacio Lula da Silva and Brazil’s central bank…
Economy

Pakistan’s economy grows 0.92% in Q1 of ongoing fiscal year

KARACHI (Reuters) – Pakistan’s economy grew by 0.92% in the first quarter of the fiscal year 2024-25, despite a contraction in the…
Economy

Factbox-Most brokerages expect Fed to hold rates steady in January meeting

(Reuters) -Major brokerages, including BofA and Goldman Sachs, expect the U.S. Federal Reserve to hold interest rates steady in the upcoming January…
Economy

Trump’s first actions and job data to test market in January

By Laura Matthews NEW YORK (Reuters) -After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal…
Economy

Why Fed Chair Jerome Powell is walking an old tightrope into 2025

Investing.com — Federal Reserve Chair Jerome Powell is navigating familiar territory as he heads into 2025, aiming to balance the central bank’s…
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