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Global investors riled by bond market selloff as “tantrum” dawns

By Amanda Cooper and Yoruk Bahceli LONDON (Reuters) – A sharp selloff in some of the world’s biggest government bond markets and a surge in the dollar are sending shockwaves…

January 8, 2025

Economy

Fed’s Waller: More cuts likely though timing depends on inflation progress

By Howard Schneider WASHINGTON (Reuters) -Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an uncertain pace, Federal Reserve Governor…

January 8, 2025

Economy

Column-China’s tumbling bond yields intensify ‘Japanification’ risks: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) – China, the global growth engine for the last 20 years, now boasts lower long-term bond yields than Japan, the former poster child for…

January 8, 2025

Economy

Brazil’s industrial output falls for second straight month

SAO PAULO (Reuters) – Industrial production in Brazil fell for the second month in a row in November, data showed on Wednesday, in a sign the economy may be cooling…

January 8, 2025

Economy

Inflation should continue to cool in 2025, supporting possible rate cut – Waller

Investing.com – Inflation in the US is expected to cool toward the Federal Reserve’s 2% target level and give the central bank room to further reduce interest rates, according to Fed…

January 8, 2025

Economy

Explainer-Why does Trump want Greenland and could he get it?

By Jacob Gronholt-Pedersen and Louise Rasmussen COPENHAGEN (Reuters) – U.S. President-elect Donald Trump says he wants to make Greenland a part of the United States and does not rule out…

January 8, 2025

Stock

Sony named top pick by Morgan Stanley; price target raised

Investing.com — Morgan Stanley labelled Sony (NYSE:SONY) its top pick in consumer electronics and Japan semiconductors given its sustained growth prospects for its games & network services segment, particularly its PlayStation…

January 8, 2025

Stock

OpenAI CEO Sam Altman denies sexual abuse allegations, Reuters reports

Investing.com — OpenAI Chief Executive Sam Altman has refuted the allegations of sexually abusing his sister, Ann Altman, during their childhood, Reuters reported on Wednesday. Ann Altman filed a lawsuit…

January 8, 2025

Stock

AT&T will offer bill credits for outages to ‘make it right’ with customers

By Harshita Mary Varghese (Reuters) – U.S. telecom giant AT&T (NYSE:T) said on Wednesday it would offer bill credits for network outages as part of a new initiative to attract…

January 8, 2025

Stock

OpenAI boss denies sexually assaulting his sister after she files lawsuit

LONDON (Reuters) – OpenAI Chief Executive Sam Altman has denied sexually abusing his sister when she was a child, after she filed a lawsuit in the United States accusing him…

January 8, 2025