Reuters - Squid Business

Trump bump? Fed officials prepare projections into new presidential term

By Ann Saphir WASHINGTON (Reuters) – Since Donald Trump’s election to a second term last month, Federal Reserve policymakers including Chair Jerome Powell have said it is too soon to factor in the U.S. president-elect’s yet-to-be-detailed policies into forecasts. But eight years ago Powell as a Fed governor joined the majority of his colleagues in …

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Gold slips on expectations of a cautious Fed next year

By Daksh Grover (Reuters) – Gold eased on Tuesday, pressured by a firmer U.S. dollar and Treasury yields, as investors looked ahead to the Federal Reserve’s interest rate decision amid expectations it will adopt a cautious approach to monetary policy easing next year. Spot gold was down 0.5% at $2,639.22 per ounce, as of 1055 …

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Soccer-Chelsea confirm Mudryk contacted by FA over adverse sample

LONDON (Reuters) -Chelsea have confirmed that forward Mykhailo Mudryk has been contacted by the Football Association after an adverse finding following a routine anti-doping test. The Premier League club issued a brief statement on Tuesday confirming an investigation into the Ukraine international after the adverse result from a urine sample. “Both the Club and Mykhailo …

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Spread holiday cheer with this year-end tipping guide

By Chris Taylor NEW YORK (Reuters) – ‘Tis the season for giving, and more Americans are planning to give year-end holiday tips. But figuring out who gets what can be tricky. “In recent years, with inflation cutting into our purchasing power, it felt like we couldn’t give as much as we wanted,” says Bankrate senior industry …

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Futures waver as yields rise ahead of Fed meet; retail sales on deck

(Reuters) – U.S. stock index futures dipped on Tuesday, with rising bond yields adding pressure as traders braced for retail sales data that will provide more clues on the health of consumers ahead of an anticipated Federal Reserve rate cut later in the week. The U.S. 10-year Treasury note yield rose back above 4.42%, an …

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Analysis-2024 the ‘year of the bond’ as record inflows top $600 billion

By Harry Robertson LONDON (Reuters) – Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025. Dwindling inflation has finally allowed central banks to lower interest rates, pushing investors to lock in the relatively high yields available …

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Factbox-What to expect on Trump’s Inauguration Day

By James Oliphant WASHINGTON (Reuters) – Donald Trump will be sworn in as president of the United States on Jan. 20, ushering in his second term in office and capping one of the most astounding political comebacks in American history. Inauguration Day is, by tradition, largely dedicated to pomp and circumstance. One president leaves the …

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Exclusive-China plans record budget deficit of 4% of GDP in 2025, say sources

(Reuters) -Chinese leaders agreed last week to raise the budget deficit to 4% of gross domestic product (GDP) next year, its highest on record, while maintaining an economic growth target of around 5%, two sources with knowledge of the matter said. The new deficit plan compares with an initial target of 3% of GDP for …

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Philippines sends provisions to military personnel in South China Sea

BEIJING (Reuters) – The Philippines said it delivered provisions earlier this month to its military personnel stationed at features in the South China Sea that Manila occupies but are claimed by Beijing. China’s coast guard said on Tuesday that the Philippines sent a civilian vessel to deliver the provisions to an “illegally grounded” warship at …

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Kosmos Energy walks away from Tullow Oil acquisition

(Reuters) -U.S. oil and gas firm Kosmos Energy walked away from its pursuit of West Africa-focused Tullow Oil on Tuesday, without specifying any reason for the decision. This came less than a week after the companies announced they were in early talks for a potential deal. Kosmos had a deadline of 5 p.m. London time …

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