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US stocks have led the equity market in recent years and strategists at BlackRock’s Investment Institute don’t see that narrative changing in 2025. “Currently, across all the scenarios in the outlook, the platform is gravitating towards the US corporate strength scenario, which is another way of calling for US exceptionalism,” BlackRock Investment Institute chief investment […]
By Arathy Somasekhar (Reuters) – Oil prices were little changed in early Asia trade on Wednesday as market participants weighed higher U.S. crude oil and fuel inventories as well as the likelihood of OPEC+ extending supply cuts. Brent crude futures fell 2 cents, or 0.03%, to $73.60 a barrel by 0145 GMT, while U.S. West […]
Text size Wall Street stocks mostly rose early Monday, extending the positive post-election trend into December amid signs of strong holiday retail sales. Equities enjoyed a robust November with markets cheering a swift resolution of the US presidential election and greeting President-elect Donald Trump’s growth agenda while shrugging off worries about tariffs. “I don’t know […]
Americans may be shelling out more for gasoline if the incoming Trump administration follows through on threats to impose tariffs on imports from Canada and Mexico. President-elect Donald Trump this week said he would enact a 25% tariff on all products from both countries, citing concerns about illegal immigration and illicit drugs flowing into the […]
WASHINGTON (AP) — Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled in recent months. WATCH: 3 things to know about egg prices and shortages According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the […]
In 2016, Taiwan’s president called Donald J. Trump to congratulate him after he won the presidential election. Mr. Trump took the call, becoming the first American president or president-elect to speak to a Taiwanese leader in decades. This time, after Mr. Trump won a second term in the White House, Taiwan was quick to deny […]
By Laila Kearney and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices dipped on Wednesday after industry data showed U.S. crude inventories swelled more than expected, though declines were capped as the market watched diplomatic efforts in the Middle East after Israel continued attacks on Gaza and Lebanon. Brent crude futures dipped 20 cents, or 0.3%, to […]
The small-cap Russell 2000 (^RUT) index is up more than 1.5% on Wednesday, far outpacing the gains of the three major indexes and closing in on its 52-week high of 2,300. If the Russell closes at its current levels, it will mark the highest close for the index since November 2021. Small caps have been […]
Feature: Global Food Security by Yacob Abrehe Zereyesus and Lila Cardell Highlights: Despite positive income growth anticipated for the majority of the 77 countries in the assessment, food insecurity in 2022 is estimated to increase from 2021. The number of food-insecure people in 2022 is estimated at 1.3 billion, an increase of 10 percent from […]
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The better-than-expected September jobs report put an exclamation point on a trend that’s been underway for the better part of two months now. US growth data is once again surprising to the upside. […]