Investing.com -- The Federal Reserve cut interest rates by 25 basis points on Wednesday, but halved the number of rate cuts expected for next year as the battle to bring inflation down toward the central bank's target is now expected to take longer than previously expected.            The Federal Open Market Committee, the FOMC, cut its

WASHINGTON () - Top Republicans and Democrats in the U.S. Congress have crafted temporary spending legislation to keep federal agencies funded through March 14, which would avert a partial government shutdown that would otherwise begin on Saturday. The 1,547-page bill also contains a wide range of other provisions that have nothing to do with government

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases

By Andrew Chung () -The U.S. Supreme Court agreed on Wednesday to hear South Carolina's bid to cut off public funding to Planned Parenthood in a case that could bolster efforts by conservative-leaning states to deprive the reproductive healthcare and abortion provider of government money. The justices took up South Carolina's appeal of a lower

By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON () - Next (LON:) year's top pick for hedge fund strategies is so-called macro, with U.S. President-elect Donald Trump centre-stage as investors bet on how global policy decisions will impact economic conditions and play out in financial markets. Hedge fund returns benefited this year from wild

By Valentina Za, Rachel More and Tom Sims MILAN/BERLIN () -Germany rejected UniCredit's latest Commerzbank (ETR:) stake increase as an "uncoordinated and unfriendly approach" on Wednesday, strongly rebuking the Italian bank. UniCredit, which angered Berlin when it emerged as Commerzbank's biggest private investor in September, said it had raised its stake in Commerzbank to 28%

Investing.com -- SandboxAQ, a startup specializing in applying quantum technology to AI development, has successfully raised over $300 million. The funding round has increased the company's valuation to more than $5.6 billion. The new funds will be utilized to recruit more engineers to further the company's mission. The company, chaired by former Google chief Eric

Investing.com -- Sweden's Finance Ministry has cut its economic growth forecast through 2026. The ministry cites prolonged weakness in Sweden's economy, the largest in the Nordic region, and heightened global uncertainty as the reasons for this revision. The country's Gross Domestic Product (GDP) is now anticipated to grow 2.2% in the next year on a

By Mike Dolan LONDON () -Stock market peaks typically coincide with troughs in cash holdings - but a regional skew to that picture may be messing with the signal for anyone still wary of U.S. equities. The overwhelming, almost unnerving, bullishness about Wall Street stocks for 2025 is now pretty clear. Not one of 16

() -Italian banks have started to disclose the minimum best-quality capital requirements for 2025 set by the European Central Bank under its Supervisory Review and Evaluation Process (SREP). The SREP process provides an overall assessment of the challenges that significant lenders face, resulting in solvency requirements and other supervisory measures they are expected to comply