Jan 9, 2025 | Markets
Job cuts were up 5.5% last year versus 2023, Challenger says Market and economic conditions were top reason cited for cuts US companies pared back hiring plans in 2024 as employers announced the smallest additions to headcount in almost a decade, according to figures...
Jan 9, 2025 | Markets
As we enter 2025, the general consensus is that stocks are set to deliver another year of decent returns. Most strategists contend that we will be in a goldilocks environment characterized by positive readings on economic growth, profits, inflation , and rates. This...
Jan 9, 2025 | Markets
Consumer inflation decelerated for fourth straight month Persistent deflationary pressures threaten to curtail spending China’s consumer inflation weakened further toward zero, decelerating for a fourth straight month in a setback for government efforts to stamp out...
Jan 8, 2025 | Markets
A sharp selloff in the world’s biggest government bond markets and a continued rise in the dollar sent shockwaves through financial markets, with pain seen deepening as uncertainty grows over U.S. President-elect Donald Trump’s policies. On Wednesday, the...
Jan 8, 2025 | Markets
Chancellor to reaffirm her fiscal rules in speech this month Treasury under fresh pressure from soaring borrowing costs Chancellor of the Exchequer Rachel Reeves will favor fresh cuts to public spending over tax hikes if soaring UK borrowing costs wipe out her fiscal...
Jan 8, 2025 | Markets
US 20-year bond yield crosses threshold last seen in 2023 Inflationary angst, the fiscal trajectory, rattles markets The selloffs that keep flaring in the world’s bond markets are pushing yields toward key thresholds amid escalating worries about elevated inflation,...
