Economy

(Reuters) – Brokerages, including Morgan Stanley (NYSE:MS) and Goldman Sachs, have reiterated their expectation of a quarter-point interest rate cut by the U.S. Federal Reserve at the central bank’s policy…

By Mike Dolan LONDON (Reuters) -Stock market peaks typically coincide with troughs in cash holdings – but a regional skew to that picture may be messing with the signal for…

By Chris Taylor NEW YORK (Reuters) – As you gear up for last-minute holiday shopping at any big box retailer, there is a good chance you will be offered a…

Investing.com — SandboxAQ, a startup specializing in applying quantum technology to AI development, has successfully raised over $300 million. The funding round has increased the company’s valuation to more than…

Investing.com — Sweden’s Finance Ministry has cut its economic growth forecast through 2026. The ministry cites prolonged weakness in Sweden’s economy, the largest in the Nordic region, and heightened global…

DUBAI (Reuters) – The Oman Investment Authority (OIA) has acquired a stake in the artificial intelligence company XAI owned by Elon Musk, Omani state news agency said on Wednesday. OIA,…

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve appears likely to take a step on Wednesday to nudge cash off its balance sheet as it enters a…

By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be Fed Chair Jerome Powell’s last full…

By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) – Next (LON:NXT) year’s top pick for hedge fund strategies is so-called macro, with U.S. President-elect Donald Trump centre-stage as…

Investing.com — In Germany, the latest opinion polls reveal that the center-right CDU/CSU, led by Friedrich Merz, is currently leading in the German elections with 33% of the vote. The…