U.K. Inflation Eases in Boost to Rate-Cut Chances
Inflation cooled slightly to 2.5% in December, adding to the likelihood the Bank of England will move to cut interest rates against a difficult economic backdrop.
FTSE 100 and US stocks higher as Trump holds off on tariff threat
Investors assessed president Donald Trump's first-day orders and the prospect of historic tariffs being imposed on Mexico and Canada within weeks.
Two Wall Street bank CEOs remain cautious on the economy. Here’s why.
Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
CNN on MSN6d
Wall Street soars on record bank profits and cooling inflation
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Wall Street surges as traders digest US and UK inflation data
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly fell to 2.5% in December. This was down from 2.6% in November, according to the Office for National Statistics. Economists had expected inflation to stay steady at 2.6%.
The Daily Telegraph6d
Cut rates six times this year to boost ‘gloomy’ economy, says Bank official
Wall Street’s main stock indexes opened higher ... Traders are now betting that the Bank of England will cut interest rates twice this year, and expect the Federal Reserve to cut rates by ...
Reeves ‘faces £20bn black hole’ as economy slumps
Rachel Reeves faces a £20bn black hole in the public finances due to soaring interest rates and crumbling economic growth, economists at JP Morgan have warned...
Dollar’s Drop Shows Sensitivity to Tariff News
The dollar fell to a two-week low after the Wall Street Journal reported that Donald Trump is unlikely impose new trade tariffs on his first day in office as many trading partners had feared.
Terry Newman: Mark Carney's long, deceitful quest for Liberal crown
After prematurely and precipitously exiting his Bank of Canada post, the long-awaited “perfect alternative to Justin Trudeau” is finally back to run the leadership campaign he said he never wanted and to continue the deceit he began in 2012. And he thought Canadians wouldn’t figure him out? I guess he was serious about becoming a circus clown.
Wall Street Showdown: Bank of America Vs. Morgan Stanley Ahead Of Q4 Earnings
Bank of American and Morgan Stanley report Q4 earnings as Wall Street watches showdown between Main Street lending and Wall Street dealmaking.
Yahoo Finance6d
Bank of America and Morgan Stanley cement a Wall Street revival
Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street revival that has dealmakers optimistic about the coming Trump era in 2025.
German executives rally behind warning against 'Wolf of Wall Street' machismo
A LinkedIn post by the CEO of German asset manager DWS warning against growing "anti-woke" rhetoric has sparked a wave of support from other executives ahead of a national election next month. "I am worried that the anti-woke rhetoric will lead us straight back to the macho 'Wolf of Wall Street' era,