Big Tech, calls for looser rules await new EU antitrust chief
By Foo Yun Chee BRUSSELS (Reuters) – Teresa Ribera will have to square up to Big Tech, banks and airlines if confirmed as Europe’s new antitrust chief, while juggling calls…
India stocks higher at close of trade; Nifty 50 up 0.14%
Investing.com – India stocks were higher after the close on Tuesday, as gains in the Real Estate, Consumer Durables and IT sectors led shares higher. At the close in NSE,…
Exclusive-US retailer holiday hiring set to be lower than last year
By Savyata Mishra (Reuters) – U.S. retailers will hire fewer seasonal workers this holiday season than last year due to a softer labor market and tighter consumer spending heading into…
Fed interest rate cuts will boost gold prices Goldman Sachs says
Goldman Sachs analysts reaffirmed their bullish outlook on gold, highlighting that the expected interest rate cuts from the Federal Reserve will likely boost gold prices. The bank maintains its $2,700/toz…
Futures inch up ahead of economic data, Fed’s rate-cut decision
(Reuters) – U.S. stock index futures edged higher as investors awaited a batch of economic data and clung to hopes the Federal Reserve would deliver a supersized interest-rate cut at…
US stock index futures climb as the Federal Reserve meeting starts
Investing.com– U.S. stock index futures edged higher Tuesday, amid raised optimism that the Federal Reserve will start its rate-cutting cycle later this week with a large reduction. At 06:15 ET…
Von der Leyen names European Commission’s new top team
STRASBOURG, France (Reuters) – EU Commission President Ursula von der Leyen on Tuesday named Spain’s ecological transition minister Teresa Ribera as the bloc’s next antitrust commissioner while Estonia’s Kaja Kallas…
Labor demand trajectory to matter more to markets than Fed rate cut size – Citi
Investing.com — Officials at the Federal Reserve are set to begin a crucial two-day gathering on Tuesday that is likely to conclude with an eagerly-awaited — and heavily debated — reduction…
Futures higher, Fed in focus, Intel-Amazon AI chip deal – what’s moving markets
Investing.com — Stock futures on Wall Street point slightly higher, with markets focused on the scale of a possible interest rate cut at an all-important Federal Reserve policy meeting this week.…
Investors see 25bps cut on Wednesday, Morgan Stanley’s survey shows
Morgan Stanley said in a note Tuesday that its recent survey results show that the majority of investors expect the Federal Reserve to announce a 25 basis point (bps) interest…