Government and politics
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Economy
Russian central bank surprises markets by holding key rate at 21%
MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time…
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Economy
Iran faces dual crisis amid currency drop and loss of major regional ally
A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran,…
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Economy
Trump plans to nominate Paul Atkins as SEC chair in crypto-friendly move
Paul Atkins, founder and chief executive officer of Patomak Global Partners LLC, speaks during a Bloomberg Television interview at the…
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Finance
South Korean stocks rocked in U.S. trading as country plunges into political chaos
Police stand guard in front of the main gate of the National Assembly in Seoul on December 3, 2024, after…
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Finance
Analyst Dan Clifton breaks down why the stock market rallied the way it did after the election
There’s one key reason the U.S. stock market rallied after this month’s presidential election, and it wasn’t necessarily because of…
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Economy
U.S. stock and bond markets love Trump’s pick of Bessent for Treasury — Here’s why
Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on…
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Finance
Citadel’s Ken Griffin says Trump’s tariffs could lead to crony capitalism
Ken Griffin, chief executive officer and founder of Citadel Advisors LLC, speaks during an Economic Club of New York event…
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Finance
Stanley Druckenmiller piled into regional banks and made this health-care stock his biggest bet
Key Points Billionaire investor Stanley Druckenmiller built a sizable position in regional banks and made one health-care name his biggest position…
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Finance
Hedge funds performed better under Democratic presidents than Republican ones, history shows
Traders work on the floor of the New York Stock Exchange. NYSE There’s been a rush of enthusiasm on Wall…
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Finance
Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ‘tit for tat’
Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at…
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