Morning Bid: Global inflation relief lifts bond yield gloom
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. At last, some breathing room for investors after U.S. and UK inflation figures on Wednesday eased the vice-like grip that the soaring dollar and global bond yields had
Analysis-Inflation revival persists as market risk despite CPI-fueled rally
By Suzanne McGee and Saqib Iqbal Ahmed (Reuters) – A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn that markets are likely to remain anxious
US businesses wary of Trump policy impacts, Fed survey shows
By Ann Saphir (Reuters) -The U.S. economy ended 2024 with a slight to moderate increase in activity and a tick upward in employment, the Federal Reserve said on Wednesday, but businesses flagged a range of concerns about the potential for policies
Irish parties pledge increased investment after coalition deal
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – Ireland’s two major centre-right parties finalised a coalition deal with independent lawmakers on Wednesday that will return Micheal Martin as prime minister and continue the previous government’s high spending economic policy. The Fine
Drake sues longtime label UMG for defamation over Kendrick Lamar’s ‘Not Like Us’
By Jonathan Stempel NEW YORK (Reuters) – Drake sued his longtime label on Wednesday, accusing Universal Music Group (AS:UMG) of defamation for promoting Kendrick Lamar’s “Not Like Us,” saying the song’s false accusation that the Canadian rapper is a pedophile has