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China Everbright Group former chairman jailed 12 years for corruption, bribery By Reuters

China Everbright Group former chairman jailed 12 years for corruption, bribery By Reuters

BEIJING (Reuters) – China Everbright (OTC:) Group’s former chairman Tang Shuangning was sentenced to 12 years in prison for corruption, bribery, and abusing his position for personal gains, state broadcaster CCTV said on Tuesday. Tang…

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To help abuse survivors, Biden watchdog launches rulemaking By Reuters

To help abuse survivors, Biden watchdog launches rulemaking By Reuters

(Reuters) – The U.S. watchdog for consumer finance on Monday announced the start of the rulemaking process to protect victims of domestic violence and elder abuse, saying those who suffer such mistreatment can be coerced…

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Trump says he has no plans to remove Powell as Fed chair By Investing.com

Trump says he has no plans to remove Powell as Fed chair By Investing.com

Investing.com — President-elect Donald Trump has stated he has no intention of replacing Federal Reserve Chair Jerome Powell, whose term extends until May 2026. In an interview with NBC’s Kristen Welker on “Meet the Press,”…

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Could US tariffs ramp-up deflationary forces in Europe? By Investing.com

Could US tariffs ramp-up deflationary forces in Europe? By Investing.com

Investing.com — President-elect Donald Trump has already signaled that trade tariffs are likely to form part of his political agenda, but against concerns that a tit-for-tat U.S.-EU trade spat could threaten a fresh wave of…

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BCA on why Trump’s immigration policies may not mean a tighter jobs market By Investing.com

BCA on why Trump’s immigration policies may not mean a tighter jobs market By Investing.com

Investing.com — BCA Research challenged the assumption that Trump’s immigration policies will tighten the labor market and stoke inflation in a note to clients this week.  An analyst at the firm said that while a smaller…

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US clears export of advanced AI chips to UAE under Microsoft deal, Axios says By Reuters

US clears export of advanced AI chips to UAE under Microsoft deal, Axios says By Reuters

(Reuters) -The U.S. government has approved the export of advanced artificial intelligence chips to a Microsoft-operated facility in the United Arab Emirates as part of the company’s highly-scrutinized partnership with Emirati AI firm G42, Axios…

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This European sector has a positive outlook under Trump 2.0, Bernstein says By Investing.com

This European sector has a positive outlook under Trump 2.0, Bernstein says By Investing.com

Investing.com — The European defense sector is positioned for growth under a potential second term of Donald Trump, according to analysts at Bernstein.  In the aftermath of the recent U.S. election, European defense stocks have…

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S&P 500, Nasdaq end higher as Lululemon gains, data supports rate cut view By Reuters

S&P 500, Nasdaq end higher as Lululemon gains, data supports rate cut view By Reuters

By Caroline Valetkevitch NEW YORK (Reuters) -The Nasdaq and the rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica (NASDAQ:) and other companies and as U.S. jobs data fueled expectations the…

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Nonfarm payrolls, Bitcoin, cash inflows

Nonfarm payrolls, Bitcoin, cash inflows

Investing.com — Wall Street is seen treading water Friday ahead of the release of the widely-watched monthly US jobs report for clues of future Federal Reserve policy. Bitcoin slips back below $100,000, and its dominance…

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FDIC seeks to closely track fintech firms, Bloomberg News reports By Reuters

FDIC seeks to closely track fintech firms, Bloomberg News reports By Reuters

(Reuters) -The Federal Deposit Insurance Corporation has started to more closely track financial technology companies that partner with banks across the U.S., Bloomberg News reported on Wednesday. An internal database will help FDIC examiners track…

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