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The European Central Bank’s direction toward further easing policy is “clear” as it’s on course to bring inflation to its 2% target sustainably by the summer and economic growth has disappointed, Governing Council member Francois Villeroy de Galhau said.
The parents of FTX co-founder Sam Bankman-Fried are exploring ways to secure a pardon for the onetime crypto billionaire from President Donald Trump, according to a person familiar with the matter.
A Georgia appeals court disqualified Fulton County District Attorney Fani Willis and her entire office from handling the 2020 election prosecution of President-elect Donald Trump, but will allow the case to continue.
Prime Minister Keir Starmer said he’s not a fan of tariffs, a signal to Donald Trump that his UK government will oppose any move by the president-elect’s incoming US administration to erect trade barriers.
Burkina Faso released four French nationals, who were accused of spying and detained for over a year after Morocco intervened, the country’s state news agency said on Thursday.
Group of Seven nations are exploring ways to toughen the price cap on Russian oil as they seek to better target Moscow’s ability to fund its war against Ukraine, according to people familiar with the matter.
Existing-home sales in the US topped a rate of 4 million in November for the first time in six months as house hunters begrudgingly accept mortgage rates above 6%.
Last week’s power price spikes highlight the need for reforms in Europe’s electricity market, Norwegian Prime Minister Jonas Gahr Store said in an interview.
The EV maker pledged to adopt a neutral stance on UAW efforts to organize its factory workers, contingent upon the company becoming profitable.
Eli Lilly & Co.’s weight-loss and diabetes drugs Mounjaro and Zepbound are no longer in short supply in the US, which means compounding pharmacies must stop making copycats in the coming months.
The US Federal Aviation Administration prohibited drone flights over several parts of New Jersey as public hysteria over sightings continues to persist.
President-elect Donald Trump said Congress should get rid of the debt ceiling, NBC News reports citing a phone interview with him on Thursday.
Argentina’s government is racing against time as it works with major banks and payment firms to advance Javier Milei’s dollarization strategy even as pesos are in high demand.
Bond-market veteran Bob Michele says there’s one scenario investors aren’t fully prepared for in 2025: the calmest Treasury market in nearly a decade.
The Biden administration is calling on Donald Trump’s team to continue work on bolstering supply chains and moving key strategic industries back to the US, saying hard-fought progress since the pandemic could evaporate if fresh risks emerge.
The US economy expanded at a faster pace in the third quarter than previously estimated, owing in part to to stronger consumer spending and exports.
