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By Kevin Buckland TOKYO (Reuters) – The dollar drifted slightly lower on Wednesday in indecisive trading as a lack of...

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BlackRock and Weinstein’s Saba reach settlement in battle over closed-end funds

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By Svea Herbst-Bayliss NEW YORK (Reuters) – BlackRock (NYSE:BLK) and Saba Capital Management announced a standstill in a long-raging battle...

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Trump announces up to $500 billion in AI infrastructure investment

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By Steve Holland (Reuters) -U.S. President Donald Trump on Tuesday announced private sector investment of up to $500 billion to...

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US fiscal path unsustainable despite improved budget forecasts, says DoubleLine

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By Davide Barbuscia NEW YORK (Reuters) – The U.S. sovereign debt profile remains on an unsustainable path with deficits likely...

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Trump says he will issue executive order to make water available in California

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(Reuters) – U.S. President Donald Trump said on Tuesday he will issue an executive order to increase the availability of...

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Trump sees ‘great promise’ in UN, says his pick for ambassador

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By Michelle Nichols UNITED NATIONS (Reuters) – U.S. President Donald Trump “sees great promise in the United Nations if it...

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BofA now expects Bank of Canada to cut 25bp in January amid falling inflation, tariffs risk

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Canada’s Consumer Price Index (CPI) in December came in at 1.8% year-over-year (yoy), lower than the expected 1.9%, and a...

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Capital One’s fourth-quarter profit jumps on interest income boost

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(Reuters) – Capital One Financial (NYSE:COF) reported a 60% rise in fourth-quarter profit on Tuesday, as a higher income from...

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Morning Bid: Whipsawed dollar and fog of uncertainty? Get used to it

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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Day two of the second Donald...

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Porsche confirms 2024 earnings outlook in investor call, analyst’s note says

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