• By Jamie McGeever () - A look at the day ahead in Asian markets.  Signs of life being breathed back into China's economy and a strong rally on Wall Street on Friday bode well for Asian markets on Monday, although nervousness around President-elect Donald Trump's inauguration could temper the optimism. U.S. markets will be closed

  • By Sheila Dang and Jaspreet Singh () -TikTok stopped working for 170 million Americans late on Saturday after the U.S. Supreme Court on Friday ruled against TikTok's bid to avoid a ban that could shut the app down.  The ban is the end result of 2024 legislation passed on national security concerns that called for

  • By David Shepardson WASHINGTON () - Outgoing U.S. President Joe Biden will sign an executive order on Sunday aimed at prioritizing government resources to help economically distressed American communities - a day before he leaves the White House. Biden's order is targeting so-called "Left-Behind Communities" and aims to help incoming President Donald Trump, who will

  • Investing.com -- With market participants remaining uncertain about the future direction of U.S. inflation and interest rates, Macquarie’s note on Wednesday turned to history for valuable insights, particularly reflecting on lessons from the Carter administration.  The firm said the current market environment, marked by mixed economic data and rising concerns over sovereign debt, invites parallels with

  • By Nivedita Balu TORONTO () -Four of Canada's biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining six major U.S. banks. The departures from the Net-Zero Banking Alliance began with Goldman Sachs' announcement on Dec. 6 and come ahead of Donald Trump's return to the White House next

  • Investing.com -- The announcement of the Department of Government Efficiency (DOGE), spearheaded by Elon Musk and Vivek Ramaswamy, has drawn public attention and speculation about its potential to transform federal operations.  However, according to analysts at Barclays (LON:), the scope of DOGE’s influence is likely far more limited than its proponents suggest. Contrary to its

  • (This Jan. 15 story has been refiled with an amended comment from the WEF Managing Director in paragraph 4) By Elisa Martinuzzi LONDON () - Armed conflict is the top risk in 2025, a World Economic Forum (WEF) survey released on Wednesday showed, a reminder of the deepening global fragmentation as government and business leaders

  • Investing.com -- The announcement of the Department of Government Efficiency (DOGE), spearheaded by Elon Musk and Vivek Ramaswamy, has drawn public attention and speculation about its potential to transform federal operations.  However, according to analysts at Barclays (LON:), the scope of DOGE’s influence is likely far more limited than its proponents suggest. Contrary to its

  • Investing.com -- There has been widespread debate about the sustainability of recent increases in global bond yields, as well as their potential impact on financial markets and economies.  Although short-term dynamics may support elevated yields, cyclical forces and structural factors indicate that yields will eventually stabilize, as per analysts at BCA Research. The rise in

  • Investing.com -- As the United States contemplates a sweeping 25% tariff on imports from Canada and Mexico, the two nations face critical decisions on how to respond to this potential trade shock.  Analysts at BofA Securities warn that the tariffs, if implemented, could escalate into a full-blown trade war, with significant economic repercussions for all