News Highlights: Top Global Markets News of the Day - Friday at 5 AM ET

Dow Jones11-22 18:00
 
Trump Considers Warsh Serving as Treasury Secretary-and Then Fed Chair 
 

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

 
Japan Approves $141 Billion Stimulus to Boost Economy, Offset Living Costs 
 

The package is aimed at easing rising living costs and promoting business innovation and investment.

 
China's Plan B to Save the Economy: A Crusade Against Busywork 
 

When China's top leaders pledged to act more aggressively to stimulate economic growth, they rounded off their remedies with a political order: Have fewer meetings and cut the busywork.

 
Eurozone Economy Slows as Trade Concerns Compound Political Turmoil 
 

Business activity in the eurozone declined this month as the threat of higher duties on exports to the U.S. added to political uncertainties at home, according to the latest surveys.

 
ECB's Lagarde Sees Europe Under Growing Trade Threat 
 

The European Union faces growing threats to its trade with other parts of the world, and must respond by deepening its capital markets to finance innovation and increased productivity, European Central Bank President Christine Lagarde said.

 
U.K. Shoppers Shied Away From Stores Ahead of Budget 
 

U.K. consumers spent less in October as uncertainty around the government's tax plans kept purse strings tight, though there were signs sales could pick up in the year's final months.

 
U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade 
 

Research group GfK's measure of consumer confidence climbed to minus 18 in November's survey from minus 21 in October.

 
Canada Unveils Mini-Stimulus Package to Help Stretched Households 
 

The $4.5 billion bundle includes a two-month sales-tax exemption and a one-time cash grant of C$250 to 18.7 million Canadians.

 
Gary Gensler to step down as SEC chair, in a move that has crypto bulls 'glad' 
 

Crypto bulls have been cheering after U.S. Securities and Exchange Commission Chair Gary Gensler announced he will leave his post on Jan. 20, exiting the Wall Street watchdog as President-elect Donald Trump is inaugurated.

 
Bitcoin Price Races Toward $100,000 Milestone 
 

The large-cap token has been racking up gains since Donald Trump won the U.S. election.

 
 

(END) Dow Jones Newswires

November 22, 2024 05:00 ET (10:00 GMT)

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