U.S. Economy
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U.S. election won’t be an ‘uneventful event’ for global markets, UBS chief says
Sergio Ermotti, chief executive officer of UBS Group Stefan Wermuth | Bloomberg | Getty Images The outcome of upcoming elections…
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Treasury yields dip as investors await October private payrolls data
U.S. Treasury yields were lower on Wednesday, with investors poised to scrutinize economic data for further clues on the rate…
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Morgan Stanley CEO says the era of zero interest rates and inflation ‘is over’
Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26,…
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Larry Fink says the Fed won’t cut interest rates as much as markets expect this year
Andrew Ross Sorkin speaks with BlackRock CEO Larry Fink during the New York Times DealBook Summit in the Appel Room…
Read More » - Europe
German finance minister warns of retaliation if U.S. kicks off trade war
Christian Lindner, Germany’s finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of…
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‘Made in Mexico’ trade controversy is provoking another kind of border war
Mexico’s robust, and booming, trade with the United States has logistics companies clamoring for a slice of the pie and…
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‘Higher prices, larger deficits’: 23 Nobel Prize-winning economists slam Trump agenda, endorse Harris
Former President Donald Trump, left, and Vice President Kamala Harris Reuters Twenty-three Nobel Prize-winning economists endorsed Vice President Kamala Harris…
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Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher…
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IMF warns on China’s property market worsening as it cuts country’s growth outlook
Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg…
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10-year Treasury yield rises above 4.11% as investors monitor Fed speeches
The U.S. 10-year Treasury yield rose above 4.11% on Monday as investors awaited a flurry of speeches from Federal Reserve policymakers.…
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