ECONOMY & MARKETS

Argentina's President-elect is expected to withdraw Argentina from a planned expansion of the non-western economic alliance.

US climate envoy John Kerry unveiled the world's first international strategy for commercializing nuclear fusion power, notably excluding China.

Ratings agency Moody's on Tuesday downgraded the outlook on China's credit rating to "negative" from "stable" on the back of rising debt in the world's second-largest economy, with Beijing saying it was "disappointed" by the move.

The Maduro regime is threatening to destabilize the Caribbean in a bid for offshore oil reserves, in a move likely to invite back crippling US sanctions.

Turkey's annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of levelling off following a series of sharp interest rate hikes.

Bitcoin was up 5.2% for the week, followed by the Russell 2000 small caps index, which was up 3.5%. These gains outperformed the 0.2% tech-heavy Nasdaq 100 Index gains and the S&P 500 index's 0.9% gains.

The unfinished Colne Valley Viaduct traces a gentle curve over several lakes northwest of London, a picturesque symbol that belies the ugly debate over the ambitious but expensive HS2 train line.

Billionaires are mostly concerned about geopolitical tensions and inflation.

John Williams said interest rates should keep a restrictive stance for "quite some time.''

An OPEC+ delegate told Reuters about Brazil's plans to join the international oil cartel. The government didn't confirm the report.

OPEC+ will reportedly expand existing production cuts; oil prices are up as a major climate summit gets underway.

The housing market is suffering from mortgage rates near the highest level in two decades.

Despite the indication of a slowdown, the numbers are more volatile because of the Thanksgiving holiday.

The PCE index had the smallest gain since March of 2021 after a drop in energy prices.

The annual rate of inflation in the eurozone fell to a more than two-year low in November, the EU's official statistics agency said Thursday.

US economic activity has slowed in recent weeks and the labor market has continued to cool, the Federal Reserve announced Wednesday, as it continues its fight against stubborn inflation.

Demand for mortgage loans is increases as rates fall.

The upward revision was caused by stronger business investment and government spending.

India's global market share in the pharmaceutical business is expected to grow and is estimated to exceed $130 billion by 2030.

Google has successfully launched a joint venture with a startup to power data processing centers using energy from the Earth.

Online shopping attracted more consumers than physical stores, the National Retail Federation said.

Thermal and photovoltaic solar installations outpaced all other energy sources for the 12th consecutive year by a considerable margin.

Consumer expectations for future conditions still remain at a level that indicates a recession next year.

India sourced 70% of its 57 million tonne metallurgical coal imports from Australia in FY 2022. However, this year, by November, the imports have dropped to 50%.

OPEC's Secretary General loudly defended continued investments in oil and gas on Monday, just days before the beginning of COP28 in Dubai.

One of the key issues is the valuation of the Chinese fashion retailer, CNBC reported.

There have been the best, the worst and the mediocre times for emerging market equities. This year was modest, with the iShares Emerging Markets Index (EEM) gaining 4.3% YTD compared to 18.7% of the S&P 500.

German Chancellor Olaf Scholz will address parliament Tuesday about an escalating budget crisis triggered by a bombshell court ruling that his government breached constitutional debt limits.

High mortgage rates and the increase in the inventory of homes for sale are putting downward pressure on prices.