Breaking News: Economy
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Economy
Home insurance costs soaring as climate-related events surge, Treasury Department says
Firefighters battle flames during the Eaton Fire in Pasadena, California, U.S., Jan. 7, 2025. Mario Anzuoni | Reuters Climate-related natural…
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Finance
Fed Governor Waller sees potential for multiple interest rate cuts in 2025
Federal Reserve Governor Christopher Waller said Thursday that the central bank could lower interest rates multiple times this year if…
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Finance
Stocks making the biggest moves midday: IonQ, Wells Fargo, Citigroup and more
Check out the companies making headlines in midday trading. Quantum stocks – Quantum computing stocks gained after Microsoft unveiled its…
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Finance
There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon
David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. …
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Finance
Here’s the inflation breakdown for December 2024 — in one chart
A customer browses eggs on partially empty shelves at a grocery store in Lawndale, California, on Jan. 2, 2025. Patrick…
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Finance
Stocks making the biggest moves premarket: Goldman Sachs, BlackRock, Rigetti Computing, Meta & more
Check out the companies making headlines in premarket trading. JPMorgan Chase — The banking giant reported fourth-quarter results that beat…
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Economy
Core inflation rate slows to 3.2% in December, less than expected
Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with…
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Finance
Stocks making the biggest moves midday: Eli Lilly, Applied Digital, Boeing and more
Check out the companies making headlines in midday trading. Eli Lilly – The drugmaker’s shares tumbled 6.6% after the firm…
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Economy
New Zealand won’t ‘get rich’ by focusing trade in the South Pacific alone, PM says
Cattle photographed in New Zealand. Agriculture plays a major role in New Zealand’s economy, especially when it comes to exports.…
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Economy
Budget deficit rose in December and is now 40% higher than it was a year ago
A view from the United States Department of the Treasury building in Washington DC, United States on December 30, 2024.…
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