French markets will be “upset” if the country’s new government does not adhere to the European Central Bank’s new fiscal rules, Luis de Guindos, the institution’s vice president, said on Tuesday. De Guindos told CNBC’s Annette Weisbach that last month’s French bond market moves had not been a cause for concern that would require an … Read more
U.S. Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the Federal Reserves’ William McChesney Martin building on June 12, 2024 in Washington, DC. Kevin Dietsch | Getty Images Federal Reserve Chair Jerome Powell expressed satisfaction Tuesday with the progress on inflation over the past year … Read more
Headline inflation in the euro area dipped to 2.5% in June, the European Union’s statistics agency said Tuesday, while the closely watched core and services prints held steady. The headline figure was in line with the expectations of economists polled by Reuters. In May, inflation had nudged 0.2 percentage point higher, to 2.6%. Core inflation, … Read more
“FII ownership at 16% is probably the lowest level of ownership. At the peak, we had 24% of the market owned by FIIs,” says Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance. In an interview with ETMarkets, Banerjee said: “FIIs reversed their selling trend and collectively purchased equities amounting to ₹2,061 crore in the … Read more
A sign advertising a home for sale is displayed outside of a Manhattan building in New York City on April 11, 2024. Spencer Platt | Getty Images Manhattan is becoming a buyer’s market as apartment prices fell and inventory rose in the second quarter of 2024, according to new reports. The average real estate sales … Read more
David A. Steinberg, CEO of Zeta Global Holdings, at the New York Stock Exchange. Source: NYSE Measuring the strength of the sprawling U.S. economy is no easy task, so one firm is sending artificial intelligence in to do the job. The Zeta Economic Index, launched Monday, uses generative AI to analyze what its developers call … Read more
From the left: French far-right Rassemblement National party President Jordan Bardella, France’s Prime Minister Gabriel Attal and French MP of left wing party La France Insoumise Manuel Bompard, prior to a political debate broadcasted on French TV channel TF1 on June 25, 2024. Dimitar Dilkoff | Afp | Getty Images French stocks staged a relief … Read more
Nearly two in three workers around the world are “vacation deprived,” according to a new report published by Expedia. However, the report shows the feeling is highest among cultures that take the most days off. Some 84% of Germans and 69% of French respondents said they feel they don’t have enough time off, according to … Read more
A New Democrat member of Parliament has paid back a portion of the thousands of dollars she spent on a Christmastime trip for herself and her family that was paid for with public money. The federal New Democrats said Manitoba MP Niki Ashton reimbursed the House of Commons administration for $2,900, part of the more … Read more
View our Voter Guide to find all the information you need to make an informed choice at the polls. Not sure how to find us on your TV? Use our ChannelFinder and download our app to get fact-based, unbiased news for all America. (NewsNation) — Robert F. Kennedy Jr.’s stances on key issues like vaccines and the Russian-Ukraine war have … Read more
