The market thinks BlackRock's Rick Rieder will be the next Fed chair. Here's what's at stake
A five-month process of finding the next Fed chair appears to be down to its final days, with one candidate emerging as the betting favorite.
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U.S.-India trade deal at 'very advanced stage,' Indian petroleum minister tells CNBC
A much-anticipated trade deal between India and the U.S. is at "a very advanced stage," India's oil and natural gas minister told CNBC Tuesday.
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Trade deal: India and EU to announce FTA amid Trump tariff tensions
The long-awaited deal comes as both Delhi and Brussels contend with economic and geopolitical pressure from the US.
Industriya
Winter Storm Fern To Lower Q1 GDP By 0.5% To 1.5%
Winter storm Fern is mostly over, its resulting damage, however, will linger for a long time.To asse
Industriya
The Fatal Limits Of The Technocrat Class
I've been reading Luke Kemp's Goliath's Curse: The History and Future of Societal Collapse with care
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Core Durable Goods Orders Rise For 8th Straight Month
US Durable Goods Orders soared 5.3% MoM in (admittedly very lagged due to the shutdown) preliminary
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Fed's main gauge shows inflation at 2.8% in November, edging further away from target
Inflation drifted slightly further from the Federal Reserve's target in November though in line with expectations.
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US Q3 GDP Revised Up to 4.4%, Highest In Two Years
While it's ancient history now - even preceding the record long government shutdown - and nobody wil
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Pilot Attitudes
Macron spoke at the Davos Summit yesterday decked out in 2009 Louis Vuitton “” aviators with blue le
Industriya
UK inflation rises to 3.4% in December, above forecasts
The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled by Reuters.
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Europe weighs using trade 'bazooka' against the U.S. as Greenland crisis deepens
European countries are reportedly considering retaliatory tariffs and wider economic counter-measures against the U.S.
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Trump tells Hassett he wants to keep him where he is; Warsh Fed Chair odds jump
Trump, without explicitly stating his decision, said he'd prefer to keep Hassett in his position as top economic advisor.
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Warsh sprints ahead in Fed chair race following Trump comments on Hassett, prediction markets show
Trump, without explicitly stating his decision, said he'd prefer to keep Hassett in his position as top economic advisor.
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Bursa Malaysia buoyed by improved investor appetite
Bursa Malaysia extended its rally to a fresh seven-year high, supported by stronger global earnings, continued buying in banking stocks and sustained foreign fund inflows, although analysts caution that near-term volatility may persist amid limited domestic catalysts.
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UK economy surprises with stronger-than-expected 0.3% growth in November
Economists expect the U.K. economy to improve in 2026, particularly as the Bank of England is likely to continue on its interest rate-cutting path.
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Wholesale inflation was softer than expected, retail sales moved higher in November
Wholesale prices moved up less than expected while consumers kept up a heavy buying pace, according to economic data Wednesday.
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China's annual trade surplus hits a record $1.2 trillion, even as exports to U.S. decline by 20%
China's exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high.
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A major development in Trump's Fed feud is set to happen next week in the Supreme Court
Supreme Court arguments on Jan. 21 will likely be the next big development for the central bank's quest to maintain independence.
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December core consumer prices rose at a 2.6% annual rate, less than expected
Excluding volatile food and energy prices, the consumer price index showed a seasonally adjusted 0.2% gain on a monthly basis and 2.6% annually.
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Global central bankers unite in defense of Fed Chair Jerome Powell
Global central bankers issued a statement Tuesday defending U.S. Federal Reserve Chair Jerome Powell following the launch of a criminal investigation into the central bank chief.
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