By Michelle Price (Reuters) -Republican Caroline Pham, named acting chair on Monday of the U.S. Commodity Futures Trading Commission by newly installed President Donald Trump, pledged to work constructively with all stakeholders. “I’m humbled to lead the CFTC as Acting Chairman. It is an honor to be entrusted to serve the American people during this …
Acting US CFTC chair Pham pledges to work ‘with all stakeholders’ Read More »
WASHINGTON (Reuters) – U.S. President Donald Trump on Monday called on federal government agencies to take action aimed at lowering American consumer costs, but gave no other details, according to a White House document released on Monday. “All agencies will take emergency measures to reduce the cost of living,” the document, released moments after Trump …
Trump directs US government to cut consumer costs, gives no details Read More »
By Promit Mukherjee and David Ljunggren OTTAWA, Jan 20 (Reuters) – Canadian firms see improved demand and sales in the coming year, largely fueled by rate cuts, but are concerned about the potential damage from promised U.S. policies, the Bank of Canada said on Monday. The Bank’s fourth quarter business outlook survey said overall business …
Canada firms see better sales, fret about possible US measures: central bank survey Read More »
MEXICO CITY (Reuters) – Mexico’s headline and core inflation rates will likely land below 4% in January, deputy central bank governor Jonathan Heath told newspaper Excelsior in a story published on Monday, adding that the bank does not need to exaggerate a restrictive posture. The central banker’s forecast comes as some brace for upward pressure …
Mexico’s central banker Heath sees inflation dipping below 4% in January Read More »
By Divya Chowdhury and Bansari Mayur Kamdar DAVOS, Switzerland (Reuters) – Guggenheim Partners’ chief investment officer forecast on Monday that the U.S. Federal Reserve is likely to cut interest rates roughly every quarter in 2025, bringing the reduction to around 75 basis points or even a full percentage point this year. The Fed will continue …
Guggenheim expects Fed to cut rates about every quarter in 2025 Read More »
By Michelle Conlin NEW YORK (Reuters) -One night in late October, Whitney Patterson spotted a YouTube video about people buying shares in Trump Media & Technology Group, the U.S. president-elect’s social media and streaming company. Patterson had never heard of Trump Media and had never invested in a stock on her own. But that night, …
Trump’s crypto and Truth Social media believers bet on presidency Read More »
(This Jan. 17 story has been refiled to fix a typo in paragraph 1) By Marc Jones LONDON (Reuters) – Fitch’s new head of sovereign ratings says the firm is likely to have a clearer picture of how Donald Trump’s second term as president could impact the U.S. credit rating by the time of its …
Fitch’s new rating chief looking for answers on US policy under Trump Read More »
By Tom Wilson (Reuters) – Advocates and holders of crypto will soon influence U.S. policy on the emerging technology after a slew of nominations and advisory appointments by President-elect Donald Trump, who takes office on Monday. The crypto industry has spent years fighting lawsuits and enforcement actions by the U.S. government. It hopes the incoming …
Factbox-Trump’s inauguration marks new era for cryptocurrency Read More »
By Jayla Whitfield-Anderson and Anna Tong WASHINGTON (Reuters) – TikTok earmuffs and MAGA hats adorned partygoers at Sunday’s inauguration celebration for the incoming President Donald Trump and the video-sharing platform he once tried to ban. Called the Power 30 Awards, the party occurred hours after TikTok began restoring services, and honored social media influencers who …
Conservative influencers celebrate at TikTok-sponsored Trump inauguration party Read More »
(Reuters) -The U.S. National Highway Traffic Safety Administration said on Monday it is upgrading a probe into 129,222 Ford Motor vehicles over reports of collisions involving the company’s hands-free driving technology, BlueCruise. The NHTSA opened the investigation after receiving notices of two fatal collisions last April, involving BlueCruise-equipped Ford Mustang Mach-E vehicles. The regulator said …
US upgrades probe into 129,000 Ford vehicles over hands-free tech Read More »
