Latest Finance-Economy News
U.S. Futures Mixed Ahead of Jobs Data
U.S. futures are trading mixed as investors await crucial jobless claims data ahead of next week's Federal Reserve meeting, which could influence rate decisions .
Eurozone Retail Sales Flat in October
Eurozone retail sales remained unchanged in October, signaling ongoing consumer caution and a sluggish economic recovery in the region .
EU Proposes Financial Market Integration
The EU is pushing to remove barriers to its single financial market, aiming to boost business financing and revive the bloc's economy through a savings and investment union .
Kevin Hassett Tipped as Next Fed Chair
Kevin Hassett is likely to be nominated as the next Fed chair, sparking debate over future inflation control and interest rate policy .
BOJ Governor Uncertain on Rate Hikes
Bank of Japan Governor Kazuo Ueda says officials are still determining how many more rate hikes are needed, as they work to define the neutral rate .
Wall Street Eyes 'Trump Accounts' for Babies
Banks and brokers are eager to participate in a new program offering investment accounts to Americans at birth, potentially reshaping financial services .
Record Number of Global Billionaires
Soaring tech valuations and stock market gains have led to a record number of billionaires and unprecedented wealth accumulation worldwide .
Bitcoin Rebounds in 2025
Bitcoin has returned to positive territory for the year, continuing its recovery amid renewed investor interest in cryptocurrencies .
AI Drives Stock Market Volatility
AI has pushed stocks to record highs, but mixed economic data is creating uncertainty and volatility in global markets .
RBA Rate Hike Speculation Grows
Australian economists are debating the possibility of an interest rate hike as early as February, amid ongoing economic analysis .
S&P 500 Gains on Rate Cut Hopes
The S&P 500 edged higher after a weak jobs report fueled expectations of further Fed rate cuts, with market sentiment remaining bullish .
Small-Cap Rally Outpaces Big Tech
Riskier market segments like the Russell 2000 are rallying, while big tech stocks lag, indicating a rotation into smaller-cap stocks .
Australia Trade Surplus Widens
Australia's trade surplus increased to A$4.385 billion in October, exceeding expectations and signaling strong export performance .
Microsoft Slips on AI Demand Concerns
Microsoft shares fell after reports of lower demand for some of its AI tools, affecting tech sector sentiment .
Oil Prices Rise Amid Geopolitical Tensions
Oil prices ticked up as traders assess the impact of ongoing developments in the Russia-Ukraine conflict .