Economy

By Dietrich Knauth, Marie Mannes, Terje Solsvik (Reuters) -Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in…

Investing.com — Chicago Federal Reserve President Austan Goolsbee said Thursday eh continued to sees lower rates ahead, though cautioned that the pace of cuts may need to slow amid uncertainty about where…

By Carolina Mandl NEW YORK (Reuters) -Citadel’s founder Ken Griffin said on Thursday that he would be open to selling a small stake in his hedge fund at some point…

By Emma Farge GENEVA (Reuters) – Swiss National Bank governing board member Petra Tschudin said on Thursday that inflation was comfortably within the range it hoped to see. Inflation in…

WASHINGTON (Reuters) – The incoming chair of the Federal Communications Commission said it is “very unlikely” the commission could reconsider its 2022 decision to deny Elon Musk’s SpaceX satellite internet…

By David Latona MADRID (Reuters) -Spanish lawmakers approved the government’s new tax plans, which include extending a modified temporary levy on banks by three years, in a last-minute deal with…

WASHINGTON – Former Representative Matt Gaetz of Florida has announced his decision to withdraw his name from consideration for the position of Attorney General in President-elect Donald Trump’s administration. Gaetz,…

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund will assess U.S. President-elect Donald Trump’s tariff and tax-cut policies as details emerge, but it’s “too early to speculate” on…

WASHINGTON (Reuters) – U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential buyers from the housing market in the near…

AMSTERDAM/NICOSIA (Reuters) – Global economic output would suffer a “sizeable” loss if trade became more fragmented and an immediate boost to inflation would only fade over a few years, the…