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Category: Economy

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Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
US Stocks Extend Drop as Data Fails to Convince on Rate Cut Path

A slide in US stocks continued Wednesday as a flurry of economic data failed to change any expectations for the …

US stocks continue to decline as economic data fails to influence expectations of a rate … High (80%)
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Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
Fed’s Paulson Repeats She Sees Modest Rate Cuts Later in 2026

Federal Reserve Bank of Philadelphia President Anna Paulson repeated she sees room for further interest-rate cuts later this year after …

Federal Reserve Bank of Philadelphia President Anna Paulson expressed her optimism for potential interest-rate cuts … High (80%)
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Economy Bloomberg 90% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
Hologic’s $8.5 Billion LBO Loan Costs Tighten on Strong Demand

A group of banks has slashed the pricing on $8.5 billion of leveraged loans to help fund the buyout of …

Banks have reduced the interest rate on an $8.5 billion loan to fund Hologic's buyout, … High (90%)
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Economy Bloomberg 70% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
Citigroup Is Looking to Sell More Banamex Stakes Ahead of IPO

Citigroup Inc. is eyeing the possibility of selling more stakes in its Mexican retail-banking unit, Grupo Financiero Banamex, while declining …

Citigroup is considering selling more stakes in Banamex ahead of a potential IPO, but has … High (70%)
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Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
US Freezes Visa Processing for Dozens of Countries, Report Says

The State Department will suspend processing visas for people from dozens of countries, according to a person familiar with the …

The US State Department is reportedly freezing visa processing for dozens of countries, marking a … High (80%)
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Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
Venezuela Oil Output to Jump 50% Over Next Decade, Enverus Says

Venezuela’s return to growth in the global oil market following the US capture of long-time leader Nicolas Maduro is forecast …

Venezuela's oil output is expected to increase by 50% over the next decade, driven by … High (80%)
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Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
Bessent Flags Won’s Weakness as Excessive, Offering Rare Support

US Treasury Secretary Scott Bessent said South Korea’s won has weakened excessively, offering rare verbal support to the currency as …

US Treasury Secretary Scott Bessent has verbally supported the South Korean won, stating it has … High (80%)
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Economy Bloomberg 90% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
Oil Market Strengthens in Europe as Kazakh Barrels Run Short

The oil market in Europe is strengthening sharply — bucking a global surplus — as reduced shipments from Kazakhstan and …

The European oil market is experiencing a strengthening trend due to reduced shipments from Kazakhstan, … High (90%)
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Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
Devlin Bets on Court Loss for Trump With Wager on Steeper Yield Curve

Former Pimco executive Ed Devlin has been adding to trades that will pay off if the yield curve steepens, believing …

Ed Devlin, a former Pimco executive, is betting on a steepening yield curve due to … High (80%)
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Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
US Retail Sales Rise, Wholesale Inflation Ticks Up

US November retail sales rose by more than forecast with gains seen in sporting goods, hobby stores and clothing outlets. …

US retail sales exceeded forecasts in November, driven by gains in sporting goods, hobby stores, … High (80%)
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Economy Bloomberg 80% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
Figure Technology to Enable Direct Stock Lending Over Blockchain

Blockchain-based lender Figure Technology Solutions Inc. is launching a new platform to issue on-chain equity, allowing investors to lend shares …

Figure Technology is launching a blockchain-based platform for direct stock lending, enabling investors to lend … High (80%)
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Economy Bloomberg 90% GROQ-LLAMA-3.1-8B-INSTANT
131d ago
Delta CEO Says There's Record Demand for Premium Travel

Delta CEO Ed Bastian say the airline is seeing double-digit growth in business travel and they are focused on growing …

Delta CEO Ed Bastian reports record demand for premium travel, driven by double-digit growth in … High (90%)
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