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Economy

Economy

Winds pick up in California, threatening to stoke LA wildfires anew

(Updates story date to Jan 14 from Jan 13.) By Chad Terhune, Jorge Garcia LOS ANGELES (Reuters) -Los Angeles firefighters braced on…
Economy

Why global bond yields are surging

Investing.com — Government-bond yields in the developed world have seen a sharp increase in recent weeks, causing disturbance in the stock market…
Economy

Denmark ready to discuss Greenlad security interests amid Trump’s aspirations

Monday – Danish Foreign Minister Lars Lokke Rasmussen expressed Denmark’s readiness to engage in discussions with the United States regarding security concerns…
Economy

Barclays lowers forecast for Q4 UK GDP

Investing.com – With UK government bond yields rising, Barclays (LON:BARC) lowers its growth forecast for the fourth quarter, seeing a rising chance…
Economy

Bezos’ Blue Origin delays debut launch of new Glenn rocket

Investing.com — Blue Origin postponed the debut launch of its New Glenn rocket on Monday due to “a few anomalies” encountered during…
Economy

Barclays expects just one 25bp Fed rate cut this year

Investing.com — Barclays (LON:BARC) strategists expect the Federal Reserve to implement only one rate cut of 25 basis points in 2025, in…
Economy

What is the ‘Agentic AI’, dubbed as the next AI wave

Investing.com — Agentic AI, identified as the next major wave in artificial intelligence, is poised to redefine the landscape of technology and…
Economy

China central bank governor Pan meets BOE’s Bailey in Beijing

SHANGHAI (Reuters) – People’s Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing…
Economy

5 Important Events to Watch As We Start 2025

Investing.com — As we step into 2025, markets are navigating a delicate balance between optimism and caution.  The past year saw remarkable…
Economy

IRS says taxpayer service will suffer if Congress cuts modernization funds

By David Lawder WASHINGTON (Reuters) – The Internal Revenue Service said on Friday it will launch the 2025 tax filing season on…
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