By Chuck Mikolajczak () -U.S. stocks rallied on Friday on optimism over the health of the economy and path of interest rates as investors braced for a slew of policy changes under the incoming Trump administration. The and Dow Industrials were poised for their biggest weekly percentage gains since late November and the Nasdaq fared

By Chris Prentice and Jonathan Stempel () -Vanguard Group will pay $106.4 million to settle U.S. Securities and Exchange Commission charges alleging it failed to disclose important tax information about its popular target-date funds, resulting in hundreds of thousands of ordinary investors getting stuck with inflated tax bills. The settlement stemmed from Vanguard's December 2020

WASHINGTON () - The U.S. on Friday imposed sanctions on a Yemen-based financial institution that Washington accused of financially supporting the Houthis, as President Joe Biden's administration sought to further pressure the militant group before Biden leaves office. The U.S. Treasury Department in a statement said it imposed sanctions on Yemen Kuwait Bank, accusing it

By Johann M Cherian and Sukriti Gupta () -Wall Street's main indexes rose on Friday, with the and the Dow on track to log their biggest weekly gains since November, as investors anticipate a wave of policy changes under the incoming Trump administration. At 11:44 a.m. ET, the rose 452.79 points, or 1.05%, to 43,605.92

WASHINGTON () - The Bank of Japan is expected to hike interest rates twice in 2025 and twice more in 2026, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Friday. In its latest World Economic Outlook, the IMF forecast that Japan's economy would grow by 1.1% in 2025, moderating slightly to growth of 0.8%

By Suban Abdulla LONDON () - Britain is set to have the fastest growth among major European economies this year, according to the International Monetary Fund, a boost to finance minister Rachel Reeves who is under pressure over a slowdown since her party came to power in July. The IMF on Friday raised its forecast

() - Fastenal (NASDAQ:) posted fourth-quarter profit below analysts' estimates on Friday, as a sustained slowdown in construction sector dented demand for its fasteners and other safety products. Shares of the Winona, Minnesota-based company fell 5.7% in premarket trading. U.S. construction activity has slowed due to increased financing costs for big projects amid higher interest

By Gabriel Burin BUENOS AIRES () - Mexico's economy will stay sluggish this year, a poll of economists found, as the country braces for a possible radical shift in U.S. tariff and migration rules that could dramatically worsen the outlook. Private spending and investment, already weakened by this high uncertainty and elevated interest rates, is

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By Shankar Ramakrishnan and Davide Barbuscia () - A sell-off in U.S. Treasury markets in recent weeks was likely made worse by corporate plans to borrow nearly $190 billion in the bond market this month, bankers and analysts said, highlighting a risk for markets that is likely to persist this year. The spillover from the