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Editor’s Pick

  • Editor's Pick

    US regulator places Google Payment Corp under supervision

    by December 6, 2024
    by December 6, 2024

    (Reuters) – The Consumer Financial Protection Bureau published an order on Friday establishing supervisory authority over Google (NASDAQ:GOOGL) Payment Corp.,…

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  • Editor's Pick

    Deep dive into Nov. payrolls report flags weakness, keeping Dec. rate-cut on table

    by December 6, 2024
    by December 6, 2024

    Investing.com — Job gains came roaring back in November following a slump in October, but a deeper dive into data…

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  • Editor's Pick

    Bank of Canada to slash rates by another 50 bps on Dec. 11: Reuters poll

    by December 6, 2024
    by December 6, 2024

    By Mumal Rathore and Pranoy Krishna (Reuters) – The Bank of Canada will slash interest rates by a half percentage…

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  • Editor's Pick

    Inflation report poses test for stocks rally as Fed meeting looms

    by December 6, 2024
    by December 6, 2024

    By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – An inflation report in the coming week will test the strength of…

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  • Editor's Pick

    Fed’s Goolsbee: Rates should drop ‘a fair amount’

    by December 6, 2024
    by December 6, 2024

    Austan Goolsbee, the president of the Chicago Federal Reserve, expressed optimism that the Federal Reserve might approach a neutral impact…

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  • Editor's Pick

    Fed’s Goolsbee hopes neutral can be in sight by late next year

    by December 6, 2024
    by December 6, 2024

    By Howard Schneider CHICAGO (Reuters) – Chicago Federal Reserve president Austan Goolsbee said that economic conditions will determine how fast…

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  • Editor's Pick

    HSBC expects S&P 500 index to hit 6,700 by end-2025

    by December 6, 2024
    by December 6, 2024

    (Reuters) – Brokerage HSBC said on Friday it expects the S&P 500 index to hit 6,700 by the end of…

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  • Editor's Pick

    Fed’s Hammack says time to slow rate cuts may have arrived

    by December 6, 2024
    by December 6, 2024

    By Michael S. Derby (Reuters) – In her first major policy speech, Federal Reserve Bank of Cleveland President Beth Hammack…

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  • Editor's Pick

    Factbox-Brokerages retain expectations of 25-bps rate cut from US Fed in December

    by December 6, 2024
    by December 6, 2024

    (Reuters) – Brokerages including Morgan Stanley (NYSE:MS) are reiterating their expectation of a 25-basis-point interest rate cut by the U.S.…

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  • Editor's Pick

    MS on jobs report: We continue to expect 25bp in Fed fund rate cuts in December

    by December 6, 2024
    by December 6, 2024

    Investing.com — November saw a strong recovery in payrolls, with a 227,000 gain surpassing consensus expectations of 220,000, and net upward…

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