Investing.com — The U.S. federal government’s $6.8 trillion spending in fiscal 2024 is unlikely to see significant cuts next year, despite calls for restraint, as structural and political obstacles remain, analysts…
Investing
US House Speaker Mike Johnson’s future hangs in balance as he scrambles for funding deal
By James Oliphant WASHINGTON (Reuters) – Mike Johnson’s hold on the speakership of the U.S. House of Representatives has been tenuous almost since the day he was elected. The Louisiana…
Investing.com – The Bank of England kept interest rates unchanged, as expected, on Thursday, but Deutsche Bank (ETR:DBKGn) expects the UK central bank to announce four rate cuts next year,…
MILAN (Reuters) – Italy’s privacy watchdog said on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) after closing an investigation into use of personal data by the…
By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN(Reuters) -Novo Nordisk said on Friday its experimental next-generation obesity drug CagriSema helped patients cut their weight by 22.7% in a late-stage trial, below…
Investing.com — Wall Street is seen trading lower Friday ahead of the release of the Federal Reserve’s favorite inflation gauge. The potential for a US government shutdown has also…
TOKYO (Reuters) – Japan’s government said on Friday that the economy was recovering moderately in December but warned of risks ahead, such as higher interest rates overseas and policies in…
A look at the day ahead in European and global markets from Stella Qiu 2024 is almost over. Several central banks have concluded their final policy meetings of the year…
By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – With December so far delivering Scrooge-like returns in an otherwise stellar year for U.S. stocks, investors hope the tail end of 2024…
By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s parliament approved Prime Minister Viktor Orban’s 2025 budget on Friday, shrugging off concerns by the Fiscal Council that the government’s growth assumptions are…