Fed’s Waller puts half-point rate hike into the mix for December
Federal Reserve Gov. Chris Waller on Tuesday put the possibility of a half-point rate hike into the mix, depending how hot the consumer price data for October comes in.
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Markets & economy
Market-moving headlines on rates, inflation, stocks, energy, and geopolitics.
Trump Signals Further US Strikes on Iran Are Unlikely Amid Positive De-escalation Momentum
US President Donald Trump stated that further military strikes against Iran are highly improbable, declaring that the Iranian military is effectively finished. Speaking from the White House press briefing room on Monday,...
France blames Iran for supermarket refrigerator cyberattacks, weighs sanctions
France said the cyber unit of Iran's Islamic Revolutionary Guard Corps carried out an "unprecedented campaign" that caused millions of euros in damage.
AEP president-nuclear development sells $141,907 in shares
AEP president-nuclear development sells $141,907 in shares.
Nvidia stock edges higher as pressure mounts following alleged China spy links
Investors continue to weigh the potential fallout from CEO Jensen Huang's affair with an alleged Chinese spy.
China Reports Record Trade Surge as October Imports Hit Five-Year High and Surplus Crosses $1 Trillion
China has revealed strong trade figures for October, highlighted by a massive jump in imports that reached its fastest pace in five years, even as the country's yearly trade surplus surpassed the $1 trillion mark.
Fed’s Waller plans to support at least a quarter-point rate hike in December
Fed’s Waller plans to support at least a quarter-point rate hike in December.
Canada Eyes US Tariff Relief After Trump’s Midterm Election Loss
Canada will seek to ease trade frictions with the US after tariff-weary voters rebuked Donald Trump in midterm elections, Foreign Affairs Minister Anita Anand said.
Nvidia CEO Jensen Huang Navigates US-China Tech Tensions and Export Bans
Nvidia leader Jensen Huang has found himself at the center of global trade and security debates as he pushes to ease restrictions on high-performing microchips destined for China. During US President Donald Trump's state...
Ferrexpo shares fall over 5% as Ukraine power attacks halt production
Ferrexpo shares fall over 5% as Ukraine power attacks halt production.
Euro yields linger at 1-month lows as sinking oil calms inflation jitters
Euro yields linger at 1-month lows as sinking oil calms inflation jitters.
Sterling today: Pound slips as dollar steadies on Fed tightening bets
Sterling today: Pound slips as dollar steadies on Fed tightening bets.
ECB may need to hike in Dec, chief economist says
ECB may need to hike in Dec, chief economist says.
Alice Huang, Chinese businesswoman tied to Nvidia CEO, went from finance to chips
Alice Huang, Chinese businesswoman tied to Nvidia CEO, went from finance to chips.
Delegations Gather in Abu Dhabi as Trilateral Ukraine Peace Discussions Restart
Representatives from Ukraine, Russia, and the United States are convening in Abu Dhabi for the first trilateral discussions aimed at resolving the conflict since February. US officials noted that both Kyiv and Moscow are...
China Exceeds One Trillion Dollar Trade Surplus Faster Than Ever Before
China has surpassed a one-trillion-dollar trade surplus at a record-setting speed as global buyers show strong demand for goods produced by Chinese factories. This remarkable export surge highlights the country's manufac...
Top Federal Reserve official considers largest rate rise since 2022
Governor Christopher Waller says policymakers should weigh a 50-basis-point move if US inflation fails to slow
Fed Governor Waller sees December hike likely, opens door to possible half-point increase
The policymaker said he "is leaning toward" a rate increase in December and could support a half-point hike depending on inflation data.
Federal Reserve Governor Waller Signals Support for December Rate Increase and Potential Larger Move
Federal Reserve Governor Christopher Waller announced on Tuesday that he is in favor of raising interest rates during the upcoming December meeting. Furthermore, Waller cautioned that if inflationary pressures persist an...
Brent Crude Falls Below $90 a Barrel for First Time Since August
Brent crude fell below $90 a barrel for the first time since August after US President Donald Trump said further strikes on Iran wouldn’t be necessary.
Abu Dhabi Hosts New Round of US-Led Peace Negotiations Involving Russia and Ukraine
A fresh series of discussions aimed at bringing an end to the conflict in Ukraine commenced on Tuesday in Abu Dhabi. The initiative is being driven by the administration of US President Donald Trump in an effort to breat...
United States Relocates Air Assets From Another British Installation Amid Iranian Security Risks
The United States military has relocated aircraft away from a second UK military installation due to persistent threats originating from Iran. This latest relocation follows a prior incident from the previous month, whic...
Trump Says Nvidia Chief Jensen Huang Claimed Ignorance Over Alleged Chinese Spy Paramour
President Donald Trump revealed he spoke with Nvidia Chief Executive Officer Jensen Huang on Monday regarding allegations linking the executive to an alleged Chinese spy. According to Trump, Huang stated he was completel...
Taiwan Responds with Sympathy and Disbelief to Nvidia Chief Jensen Huang's Recent Challenges
People in Taiwan have expressed a mixture of sympathy and disbelief regarding recent difficulties faced by Nvidia CEO Jensen Huang. Huang was born in Taiwan before rising to lead the major technology company.