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Economy

Economy

Russians could face jail for divulging logistics of sanctioned goods

MOSCOW (Reuters) – A Russian draft law proposes punishment of up to seven years in prison and heavy fines for the public…
Economy

A Fed on hold, for now, eyes strong jobs, easing inflation

By Howard Schneider WASHINGTON (Reuters) – At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck…
Economy

Fed’s rate-cut view set to test resurgent US stocks rally

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – The Federal Reserve’s first meeting of 2025 in the coming week stands to test…
Economy

Gentle drop in UK savings rate to boost consumer spending, Capital Economics says

On Thursday, Capital Economics, provided insights into the future of the United Kingdom (TADAWUL:4280)’s economy, focusing on household saving rates and consumer…
Economy

Futures subdued after previous session’s jump; data, earnings on tap

(Reuters) – U.S. stock index futures were subdued on Thursday, as investors paused after Wall Street’s strong performance in the previous session…
Economy

UBS sees 5% US 10-year Treasury yield as equities’ negative threshold

Investing.com — UBS strategists, led by Andrew Garthwaite, have indicated that a 5% yield on the US 10-year Treasury would mark a…
Economy

French sports officials snub minister’s speech over planned budget cut

PARIS (Reuters) – French sports officials walked out of a speech by new minister Marie Barsacq over a planned 33% budget cut…
Economy

BofA expects Australian disinflation trend to persist

ank of America (BofA) analysts projected that the disinflationary trend in Australia is likely to continue, based on the upcoming Consumer Price…
Economy

TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning

By Liam Mo and Brenda Goh BEIJING (Reuters) – TikTok owner ByteDance on Wednesday released an update to its flagship AI model…
Economy

Texas economy growth moderates but remains strong: Wells Fargo

Wells Fargo (NYSE:WFC) economists noted that the Texas economy, while cooling from its post-pandemic surge, continues to outpace the national average in…
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