Bonds now doing heavy lifting in 60/40 portfolio: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -The past month in markets has been littered with momentous events: a record burst...
Nippon Steel says no update from CFIUS over US Steel deal
TOKYO (Reuters) – Nippon Steel Corp has not received any update from the Committee on Foreign Investment in the United...
Stellantis to pause production of Jeep’s two top-selling US models, WSJ reports
(Reuters) – Jeep’s parent company Stellantis (NYSE:STLA) is pressing pause on making two of its top-selling U.S. models, The Wall...
South Korea Q2 GDP -0.2% q/q, unchanged from advanced estimate
SEOUL (Reuters) – South Korea’s economy shrank 0.2% in the second quarter, revised central bank data showed on Thursday, unchanged...
Japan inflation-adjusted wages rise for two straight months in July
TOKYO (Reuters) – Japan’s inflation-adjusted wages rose for two consecutive months in July thanks to a bump in summertime bonuses,...
USD/CAD: hedge funds trim loonie short bets ahead of BoC decision
The USD/CAD exchange rate has retreated sharply in the past few weeks as the Canadian dollar rally has gained momentum...
Kamala Harris to propose $50,000 tax break for new small businesses: What you need to know
Vice President Kamala Harris is set to unveil a bold economic proposal on Wednesday that could significantly impact new small...
Australia’s economy remains sluggish as consumer spending declines
Australia’s economy showed signs of persistent weakness in the second quarter of 2024, with gross domestic product (GDP) growing by...
Zurich Cantonal Bank (ZKB) rolls out Bitcoin and Ethereum trading services
Zurich Cantonal Bank (ZKB), Switzerland’s fourth-largest bank, has entered the cryptocurrency market, offering trading and custody services for Bitcoin and...
The $35-trillion elephant in the room: US debt is sinking America
America’s debt has ballooned to an eye-watering $35 trillion, and the cost of servicing that debt is now over $3...
