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Recent Posts

  • Investors react to Trump’s 30% tariffs on EU and Mexico
    July 12, 2025
  • US online spending surges $24.1 billion as steep discounts boost sales, Adobe says
    July 12, 2025
  • U.S. Credit Outlook: 10 key themes to position for Q3
    July 12, 2025
  • December 19, 2024

FedEx earnings matched, revenue fell short of estimates

- FedEx (NYSE: FDX) reported second quarter EPS of $4.05, in line with the analyst estimate of $4.05. Revenue for the quarter came in at $22B versus the consensus...

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  • December 19, 2024

Fed closing in on end of rate-cut cycle: Macquarie

-- Investors now are expecting even fewer rate cuts than the Fed's hawkish forward guidance seen earlier this week, suggesting the end could be near for rate...

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  • December 19, 2024

Capital Economics sees moderate global GDP growth in 2025

Capital Economics released its global economic forecast, projecting a year of reasonable global GDP growth in 2025, alongside a continued normalization of monetary policy. The...

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  • December 19, 2024

Czech Central Bank Holds Rate at 4%, Capital Economics Sees Easing Cycle Resume

Czech Central Bank (CNB) maintained its policy rate at 4.00% on Thursday, pausing its recent sequence of rate cuts, which leads Capital Economics to forecast a resumption of the...

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  • December 19, 2024

Worldcoin must delete all iris scan data, watchdog says

MADRID (Reuters) - Sam Altman's company Worldcoin must delete all iris scanning data collected since the start of the project that has sparked privacy concerns in several...

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  • December 19, 2024

US agency warns extended government shutdown could lead to long lines at airports

By David Shepardson WASHINGTON (Reuters) - The head of the Transportation Security Administration on Thursday warned that an extended partial U.S. government shutdown could lead...

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  • December 19, 2024

Emerging Markets Face Growth Headwinds in 2025, Capital Economics says

Capital Economics predicts strong headwinds to growth in 2025 for emerging markets, with expectations falling below the consensus. The firm anticipates that while the US trade...

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  • December 19, 2024

Bank of Mexico lowers key interest rate, opens door to larger cuts

By Brendan O'Boyle, Anthony Esposito MEXICO CITY (Reuters) -Mexico's central bank lowered its benchmark interest rate by 25 basis points to 10.00% on Thursday and signaled larger...

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  • December 19, 2024

Kinder Morgan's unit to go ahead with $1.4 billion Mississippi Crossing Project

(Reuters) - Kinder Morgan (NYSE:KMI) said on Thursday its unit Tennessee Gas Pipeline will proceed with the nearly $1.4 billion Mississippi Crossing Project (MSX Project),...

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  • December 19, 2024

States, environmental groups drop lawsuit over US Postal Service EV purchase plans

By David Shepardson and Nate Raymond (NS:RYMD) WASHINGTON (Reuters) -A group of 16 states led by California and environmental groups dropped a lawsuit filed in 2022 that sought...

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