Author: Bella Hayes

Investing.com – European stock markets slipped mainly lower Thursday, with investors digesting more economic data as well as earnings from the retail sector. At 03:05 ET (08:05 GMT), the in Germany dropped 0.2%, the in France slipped 0.2%, while the in the UK traded largely flat. Trading ranges are likely to be limited in Europe Thursday, with the US closed in honor of former President Jimmy Carter, ahead of a state funeral later in the session. German industrial production impresses  rose in November by 1.5% compared to the previous month, much higher than 0.5% rise expected. This was a welcome…

By Mike Dolan LONDON (Reuters) – Extreme bond market agitation has put the Federal Reserve in a bind. It can either cool long-term inflation fears or acquiesce to President-elect Donald Trump’s complaints about interest rates being “far too high.” It can’t do both and will likely opt to tackle the former, potentially setting up a running verbal battle with the White House over the coming year. The surge in U.S. Treasury borrowing rates in the first weeks of 2025 can no longer be dismissed as just natural ebb and flow around the latest economic updates.  The market is signaling that…

By Abhirup Roy LAS VEGAS (Reuters) – Global auto suppliers are working out how much of their production can be moved to the United States, or closer to it, as a defense against tariffs promised by President-elect Donald Trump, according to industry executives at CES in Las Vegas. The auto industry has already experienced eight years of U.S. protectionism, from real and threatened tariffs during Trump’s first term and then more tariffs and the U.S. Inflation Reduction Act under President Joe Biden. Most of those measures were aimed squarely at China, in particular a proposal by the Biden administration to…

Investing.com– Bitcoin fell on Thursday, extending a run of steep losses as risk appetite was rattled by hawkish signals from the Federal Reserve, while the prospect of coin sales by the U.S. government also weighed.  The world’s largest cryptocurrency largely wiped out a new year rebound this week, tracking broader declines in risk-driven assets as traders braced for a slower pace of rate cuts in 2025.  Broader crypto prices also retreated, although losses on Thursday were more biased towards Bitcoin after reports said the Department of Justice had received court approval to sell coins confiscated from the Silk Road marketplace.…

Investing.com– Gold prices steadied in Asian trade on Thursday after logging two straight days of gains, as heightened uncertainty over a hawkish Federal Reserve and President-elect Donald Trump’s plan for trade tariffs fueled some safe haven demand. Among industrial metals, copper prices firmed as weak inflation data from top importer China spurred bets on more stimulus measures from Beijing.  But metal markets remained under pressure from strength in the , which came back in sight of over two-year highs on hawkish signals from the Fed.  fell 0.1% to $2,660.36 an ounce, while expiring in February rose 0.2% to $2,678.60 an…

The partnership will help ecommerce customers securely expand their businesses by leveraging omnichannel payment orchestration with AI fraud detection LEHI, UT and NEW YORK, NY / ACCESSWIRE / January 9, 2025 / IXOPAY, a leading enterprise payment orchestration platform, and Riskified (NYSE:), a leader in ecommerce fraud and risk intelligence, today announced a strategic partnership to enhance payment security, reduce fraud challenges and increase payment operation resilience. As global payment ecosystems become more complex, so do the associated risks. IXOPAY and Riskified are teaming up to provide businesses with a seamless, secure and efficient way to enhance their payments orchestration…

New York, New York–(Newsfile Corp. – January 8, 2025) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Wolfspeed, Inc. (NYSE: NYSE:) between August 16, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), of the important January 17, 2025 lead plaintiff deadline. SO WHAT: If you purchased Wolfspeed securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Wolfspeed class action, go to https://rosenlegal.com/submit-form/?case_id=30954 or call Phillip Kim, Esq. toll-free at…

New York, New York–(Newsfile Corp. – January 8, 2025) – WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Unisys Corporation (NYSE: NYSE:) resulting from allegations that Unisys may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Unisys securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. To join the prospective class action, go…

Chibougamau Copper-Gold Project, Canada Two diamond drill rigs about to arrive on site as part of strategy to grow the resource and test brownfield exploration targets HIGHLIGHTS: Cygnus has secured additional ground next to its Chibougamau Copper-Gold Project, increasing its total land holding to 282km2 The newly staked areas add to a highly prospective land position which has seen limited modern exploration in the past 20 yearsChibougamau Copper-Gold Project has a Measured and Indicated Mineral Resource of 3.6Mt at 3.0% CuEq and an Inferred Mineral Resource of 7.2Mt at 3.8% CuEq1The Chibougamau district is a world-class mineral terrane with strong…

Investing.com– Most Asian stocks fell on Thursday amid increasing conviction that U.S. interest rates will fall at a slower pace this year, while weak inflation data from China also added to concerns over slowing growth.  Regional markets took middling cues from a flat overnight close on Wall Street, as the minutes of the Federal Reserve’s December meeting reiterated the central bank’s hawkish outlook on rates this year.  Policymakers were also seen expressing some concerns that expansionary and protectionist policies under President-elect Donald Trump could underpin inflation.  U.S. stock index futures fell in Asian trade. Chinese stocks fall as Dec inflation…