U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 1.13%
Investing.com – U.K. stocks were higher after the close on Thursday, as gains in the Industrial Engineering, Support Services and Aerospace & Defense sectors led shares higher. At the close in London, the Investing.com United Kingdom 100 rose 1.13% to hit
Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.58%
Investing.com – Sweden stocks were higher after the close on Thursday, as gains in the Healthcare, Industrials and Technology sectors led shares higher. At the close in Stockholm, the OMX Stockholm 30 rose 0.58% to hit a new 1-month high. The best
Tariff-fuelled dollar gains pose global stagflation risks, BIS warns
By Marc Jones LONDON (Reuters) – Staff at central bank umbrella group, the Bank for International Settlements, have warned of a global bout of stagflation if trade tariffs promised by soon-to-be-U.S. President Donald Trump continue to drive up the dollar. Stagflation –
Scott Bessent’s hearing for Treasury Secretary: tariffs, taxes and spending in focus
Investing.com — Scott Bessent, the fund manager selected by President-elect Donald Trump to head the Treasury Department, faced questions on tariffs, tax policy, and budget deficits during his confirmation hearing. Bessent, who has spent his career in the private sector,
Fed should stay independent, Trump’s pick for US Treasury Secty says
(Reuters) – The Federal Reserve should stay independent, Trump’s pick to be U.S. Treasury Secretary told a Senate panel on Thursday. “I think on monetary policy decisions, the FOMC should be independent,” Scott Bessent told the U.S. Senate Finance Committee, referring