Aggressive Fed rate cut next week could backfire, putting big tech in crosshairs
Investing.com — If the Federal Reserve cuts aggressively next week at a time when economic growth appears to be intact,...
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US lawmakers urge Biden to close tariff ‘loophole’ for Chinese small package imports
By David Lawder WASHINGTON (Reuters) – A majority of Democratic U.S. House of Representatives members on Wednesday urged President Joe...
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Lawmakers reject Colombia government’s 2025 budget proposal
By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) -The Colombian Senate’s economics committee threw out the government’s proposed 2025 budget...
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Morning Bid: Strong open eyed after US inflation see-saw
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The see-saw nature of U.S. market...
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ECB to cut interest rates as growth dwindles, outlook unclear
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank is almost certain to cut interest rates...
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Democrats, Republicans want Biden to ease Ukraine weapons restrictions
By Patricia Zengerle WASHINGTON (Reuters) – U.S. President Joe Biden’s administration faced increasing pressure from both Republicans and his fellow...
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Blackstone’s CFO Chae eyes soft landing as inflation cooling faster than expected
Investing.com — Blackstone (NYSE:BX)’s Chief Financial Officer Michael Chae said Wednesday he was “cautiously optimistic” on a soft landing as inflation is likely cooling faster...
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Argentina’s August inflation still stubborn as residents struggle to save
BUENOS AIRES (Reuters) -Argentina’s monthly inflation rate stood at 4.2% in August, official data published on Wednesday showed, rising from...
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Factbox-How regulators have overhauled contentious Basel Endgame capital hike rule
By Hannah Lang (Reuters) – The Federal Reserve’s regulatory chief on Tuesday outlined major revisions to the Basel Endgame draft...
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Atlanta Fed’s Bostic violated trading rules, US central bank watchdog says
By Michael S. Derby (Reuters) -Atlanta Federal Reserve President Raphael Bostic violated U.S. central bank policies governing how officials could...
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