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Economy

Economy

Chip stocks rise, Microsoft probe, OPEC postpones meeting – what’s moving markets

Investing.com — Global chip stocks are trading higher on Thursday while U.S. markets are closed for the Thanksgiving holiday. OPEC has postponed…
Economy

China warns of ‘necessary actions’ if US escalates chip curbs

(Reuters) – China warned on Thursday it would take “necessary actions” to protect Chinese firms if the U.S. escalated chip control measures,…
Economy

Explainer-Could the ECB help France if borrowing costs surge further?

FRANKFURT (Reuters) – The European Central Bank is once again facing questions over whether it would shore up France’s rattled bond market…
Economy

Canada’s Trudeau to meet provincial premiers on US ties, urges unity

OTTAWA (Reuters) -Prime Minister Justin Trudeau on Tuesday said he would meet the premiers of Canada’s 10 provinces this week to discuss…
Economy

EU fiscal rules are a security risk, German economy minister says

BERLIN (Reuters) – German Economy Minister Robert Habeck wants to change the European Union’s laboriously negotiated debt rules, calling them “a security…
Economy

US new home sales tumble to two-year low in October

WASHINGTON (Reuters) – Sales of new U.S. single-family homes dropped to the lowest level in nearly two years in October, likely as…
Economy

Analysts weigh in on Trump’s tariff threats

Investing.com — President-elect Donald Trump pledged on Monday to impose significant tariffs on the United States’ top three trading partners—Canada, Mexico, and…
Economy

US monthly house prices rise strongly in September

WASHINGTON (Reuters) – U.S. single-family house prices increased solidly in September, which together with a resurgence in mortgage rates will further reduce…
Economy

Russian rouble at 32-month low, a boon for exporters, minister says

MOSCOW (Reuters) – The Russian rouble continued to slide, dropping to its lowest since March 2022 against both the dollar and the…
Economy

What Scott Bessent’s Treasury nomination could mean for the economy, tariffs

Investing.com — President-elect Donald Trump announced on Friday that he will nominate Scott Bessent, a prominent investor, as the next US Treasury…
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