Jobless claims subside after Thanksgiving pop and give off good vibes for U.S. economy
Jobless claims are the early-warning radar for the U.S. economy, and they still show no trouble on the horizon. The number of Americans who applied for unemployment benefits in middle of December fell to a low 220,000.
Bank of England Keeps Rates Steady After Fed Move
The Fed's signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.
Stock Futures Edge Up After Fed-Fueled Selloff
Stock futures were clawing back a little ground after the Federal Reserve triggered a steep selloff by suggesting interest rates could stay higher next year than investors expected.
Oil may 'collapse' below $50 a barrel in 2025 if this perfect storm hits the market
Oil prices look set to end the year lower as demand weakness, particularly from China, prevails - but 2025 may bring an even steeper loss, with the possibility of a drop below $50 a barrel if the market sees a "perfect storm" of factors, including sharp economic declines in China and Europe.
Trump Isn't President Yet. He's Already Spooking the Fed.
Inflation risks from the incoming administration's agenda can't be ignored any longer.
Musk Draws First Blood With Spending Bill Bombshell
In a 12-hour social-media barrage, the world's richest man led a rebellion against a bill aimed at keeping the government funded.
French Industry Still Sanguine About Trump Tariffs, Eyes Healthier Order Books
The mood in the country's factories was stable as manufacturers shrugged off fractured politics and trade uncertainty, looking forward to higher demand for their goods in the new year.
German Consumers Shake off a Little Winter Gloom
German consumers feel a little less gloomy about the turn of the new year, with prospects of a fresh government and further cuts to borrowing costs.
Japan's Central Bank Holds Rates as Uncertainties Complicate Outlook
The Bank of Japan held its policy rate steady as it waits for uncertainties in the U.S. to clear and for more evidence of wage growth at home, but expectations of rate hikes on the horizon remain intact.
Taiwan Central Bank Holds Key Interest Rates Amid Steady Growth, Inflation
Taiwan's central bank maintained interest rates unchanged again, delivering a third consecutive hold as it keeps a watchful eye on inflation and signs of overheating in the housing market.
(END) Dow Jones Newswires
December 19, 2024 09:00 ET (14:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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