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Browsing: Business
US debt remains a global benchmark, yet Trump’s Greenland pressure is pushing fresh debate in Europe over exposure, liquidity needs, and dollar safety.
Jamie Dimon warns Trump backed 10% credit card rate cap could curb lending, with JPMorgan and industry groups saying fixed ceilings may limit credit access today.
UK inflation rose to 3.4% in December, ending five months of declines, as transport, food, and alcohol and tobacco prices lifted CPI, ONS said in fresh data.
EU Parliament paused approval work on a US trade deal after President Donald Trump threatened new tariffs, raising doubts over the Turnberry pact.
Spot gold hit a record near $4,888 in Singapore trading, while U.S. futures hovered around $4,888 as investors bought bullion and pared risk assets amid jitters.
Germany’s inflation averaged 2.2% in 2025, data show, as December eased to 1.8%. Core inflation stayed higher, keeping focus near ECB 2% euro.
Britain awarded record offshore wind contracts totaling 8.4GW, enough to power 12 million homes, marking the largest clean energy auction in national history.
The six largest US banks eliminated roughly 10600 roles in 2025 returning Wall Street employment to its lowest level in years and marking the sharpest drop since 2016.
Semiconductor shares surged after TSMC results, pushing more stocks to new highs as mid caps and small caps led gains across U.S. markets.
Argentina has fully repaid 2.5 billion dollars drawn from a U.S. Treasury swap line, concluding the transaction by late December and ending fund exposure.
