By Bo Erickson, Richard Cowan, Andy Sullivan and Katharine Jackson WASHINGTON () -Republican leaders in the U.S. House of Representatives scheduled a vote on Friday to keep the federal government operating beyond a midnight deadline and avert a partial shutdown that could disrupt the Christmas holiday. "We will not have a government shutdown," House Speaker

By Chuck Mikolajczak NEW YORK () -U.S. stocks rallied to close out the trading week on Friday after two lackluster sessions as a cooler-than-expected inflation report and comments from Federal Reserve officials eased worries about the path of interest rates. The latest inflation report in the form of the Personal Expenditure (PCE) index showed a

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 Lucia Mutikani WASHINGTON () -U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's resilience, which saw the Federal Reserve this week projecting fewer interest rate cuts in 2025 than it had in September. There was also good news on inflation last month after a

By Steve Holland and Richard Cowan WASHINGTON () - Republican hardliners who normally are ardent supporters of President-elect Donald Trump are resisting his push to raise the U.S. debt ceiling, sticking to their belief that government spending needs to be pruned and defying his warnings of revenge. Some 38 House of Representatives Republicans voted against

By Jesús Aguado MADRID () -A Madrid court has sentenced former International Monetary Fund chief Rodrigo Rato to almost five years in prison for corruption offences, the court said on Friday. Rato, who has denied any wrongdoing throughout a nine-year probe, said in a statement sent to through the law firm Baker McKenzie that the

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 Medha Singh and Purvi Agarwal () - The and the Nasdaq dipped on Friday as fears over high interest rates next year loomed, although a cooler-than-expected inflation report kept losses in check. A Commerce Department report showed the Personal Expenditure (PCE) index, the Fed's preferred inflation measure, rose 2.4% in November on an annual

() - U.S. stock index futures pared some declines on Friday after a cooler-than-expected inflation reading calmed some investor concerns over fewer rate cuts next year. A Commerce Department report showed the Personal Expenditure (PCE) index, the Fed's preferred inflation measure, rose 2.4% in November on an annual basis, compared with estimates of 2.5%, as

By Medha Singh and Purvi Agarwal () -U.S. stock index futures dove on Friday as investors grappled with the possibility of a government shutdown and a higher interest rate path ahead of a key inflation report due on the day. Dozens of Republicans defied President-elect Donald Trump's spending bill, leaving Congress with no clear plan