JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down. The department revised lower its nonfarm payrolls data for the year through March 2025 by 911,000 jobs from initial estimates. That was on the high side of Wall Street’s expectations for a downward shift…
French President Emmanuel Macron speaks with the media after a meeting with U.S. President Donald Trump, Ukrainian President Volodymyr Zelenskiy and European leaders, amid negotiations to end the Russian war in Ukraine, at the French Embassy in Washington, D.C., U.S., August 18, 2025. Yves Herman | Reuters France was thrown into further political chaos this…
The Tokyo Tower stands amid buildings at dusk in Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to trade mixed on Monday as investors assessed the resignation of Japan’s prime minister and eyed key economic data in the region. Japan’s benchmark Nikkei 225 was set to open higher after Japanese Prime…
Two types of story dominated the chatter in the newsroom this week. The watercooler favourite? The antics of high-profile CEOs, with the departure of Nestle’s boss over an undisclosed affair with a subordinate and the resignation of Suntory’s CEO over the possible purchase of illegal substances both causing a stir in the London and Singapore…
President Donald Trump‘s “big beautiful bill” raised the state and local tax deduction, known as SALT, to $40,000 for 2025. The change comes less than a decade after a cap was placed on this tax break for the first time in its history. Taxpayers who itemize tax breaks can claim the SALT deduction, which includes state and…
LONDON — European stock markets are set to open higher on Friday, as investors await a key U.S. jobs report that’s likely to set expectations for an upcoming Federal Reserve interest rate cut. Major bourses are all seen opening higher, according to IG data. Both equities and bonds sold off globally earlier in the week…
European stocks are expected to open slightly higher on Thursday, as global markets weigh up the fate of President Donald Trump’s trade tariffs. Source link
French Prime Minister Francois Bayrou (L) delivers a general policy statement to MPs at the National Assembly in Paris on January 14, 2025. Thomas Samson | Afp | Getty Images Heading into another vote of confidence next week, France now unexpectedly finds itself unfavorably compared to Italy, a country previously renowned for political upheaval and…
The Exchange Centre, which houses the Australian Securities Exchange (ASX), in Sydney, Australia, on Tuesday, Aug. 12, 2025. The S&P/ASX 200 index extended gains to 0.3% after the central bank cut the key cash rate by 25 basis points, a move widely expected by economists and markets. Photographer: Lisa Maree Williams/Bloomberg via Getty Images Bloomberg |…
Chancellor Rachel Reeves poses with the red box outside number 11 Downing Street on October 30, 2024 in London, England. This is the first Budget presented by the new Labour government and Chancellor of the Exchequer, Rachel Reeves. Dan Kitwood | Getty Images News | Getty Images The U.K. Treasury on Wednesday revealed Finance Minister…
