Economy

US Supreme Court Denies Appeal from Banker Linked to Trump Associate Manafort, Reports Reuters

U.S. Supreme Court Rejects Appeal from Former Bank CEO Convicted of Bribery By Jonathan Stempel The U.S. Supreme Court declined…

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Bank of Israel to Maintain Rates Despite Rising Inflation: Reuters Poll

By Steven Scheer JERUSALEM – The Bank of Israel (BoI) is anticipated to maintain its short-term interest rate at 4.5%…

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Fed Expected to Deliver Quarter-Percentage-Point Rate Cut Next Week, According to Reuters

By Ann Saphir (U.S. central bankers are anticipated to initiate long-awaited interest rate reductions next week, likely opting for a…

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FTSE 100 Declines on Rentokil Warning; U.S. Inflation Data Affects Markets – Reuters

By Purvi Agarwal and Khushi Singh The UK’s main stock index experienced a decline on Wednesday, primarily due to a…

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Germany’s Economic Model Is Not Broken, Says Finance Minister

By Maria Martinez LUXEMBOURG – According to German Finance Minister Christian Lindner, Germany’s economic model is not failing; however, the…

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US Money Market Funds See Significant Inflows for the Week Ending October 2, Report by Reuters

U.S. money market funds experienced substantial inflows during the week ending October 2, as investors sought safer assets amid rising…

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Markets Anticipate “Significant” Fiscal Stimulus from China, According to UBS

Markets are increasingly anticipating a substantial fiscal stimulus package from the Chinese government, alongside several recently announced measures aimed at…

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Greece’s Growth Projected to Remain Steady in 2025, Draft Budget Indicates

By Lefteris Papadimas ATHENS (Reuters) – The Greek government is projecting an economic growth rate of 2.3% for 2025, positioning…

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Duckhorn Wine Maker Set to Be Acquired by Butterfly Equity in $1.95 Billion Deal, According to Reuters

Premier luxury wine maker Duckhorn Portfolio announced on Monday that it will be acquired by Butterfly Equity in an all-cash…

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Factbox: Most Brokerages Anticipate 25 Bps Fed Rate Cuts in November – Reuters

J.P. Morgan and BofA Global Research have recently aligned with several prominent brokerages forecasting a 25 basis point cut in…

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