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Trump: Kevin Warsh is top candidate for Fed chief
Business News

Trump: Kevin Warsh is top candidate for Fed chief

Kevin Warsh. Is that the name of the future head of the US central bank? Much now suggests so, since he seems to be US President Donald Trump's favorite
Oracle collapses amid fresh AI worries on Wall Street
Business News

Oracle collapses amid fresh AI worries on Wall Street

Wednesday's interest rate cut in the US failed to spark a general rally as renewed concerns about overvalued AI stocks sent Wall Street into a tailspin. Cloud services company Oracle fell like a stone
Stockholm Stock Exchange rises after Fed announcement
Business News

Stockholm Stock Exchange rises after Fed announcement

The Stockholm Stock Exchange started Thursday's trading slightly lower but regained its courage and turned around. At closing, the broad OMXS index had risen 0
Down on stock markets in Asia
Business News

Down on stock markets in Asia

The major indices in Asia are trading lower the day after the Fed's announcement of another interest rate cut in the US.
Wall Street headed higher after interest rate announcement
Business News

Wall Street headed higher after interest rate announcement

The Federal Reserve (Fed) announced an expected cut in the US interest rate – and Wall Street turned positive in a single cent.
Third consecutive interest rate cut by the Fed
Business NewsTop News

Third consecutive interest rate cut by the Fed

The US Federal Reserve (Fed) has cut its key interest rate by a quarter of a percentage point to a range of 3. 50–3
Stockholm Stock Exchange unchanged – Clas Ohlson plummeted
Business News

Stockholm Stock Exchange unchanged – Clas Ohlson plummeted

The Stockholm Stock Exchange closed unchanged on Wednesday. The appliance chain Clas Ohlson fell heavily after this morning's quarterly report
Small movements on Asian stock markets
Business News

Small movements on Asian stock markets

Small movements characterized the opening Tuesday trading on the major Asian stock exchanges.
Meta rises on cautious New York Stock Exchange
Business News

Meta rises on cautious New York Stock Exchange

Facebook's parent company Meta rose sharply on an otherwise cautious New York Stock Exchange after reports of planned cuts in the company.
Stockholm Stock Exchange rises – hopes for lower US interest rates
Business News

Stockholm Stock Exchange rises – hopes for lower US interest rates

The Stockholm Stock Exchange rode a wave of stock market gains around the world. The appetite for stocks is increasing as more and more people expect an interest rate cut in the US next week
Mostly happy on the stock markets in Asia
Business News

Mostly happy on the stock markets in Asia

Asian stock markets mostly followed Wall Street and rose on Thursday morning.
Wall Street rises despite disappointing jobs figures
Business News

Wall Street rises despite disappointing jobs figures

Dismal jobs figures weighed on the markets in New York. On the other hand, the realization that it increases the likelihood of an interest rate cut lifted spirits – and the stock market rose
New jobs boom in the US – interest rate cut expected
Business News

New jobs boom in the US – interest rate cut expected

The number of private sector jobs in the United States fell by 32,000 in November, according to unexpectedly weak figures from ADP. This compares with an increase of 47,000 in October
The Stockholm Stock Exchange saw red after jobs figures in the US
Business News

The Stockholm Stock Exchange saw red after jobs figures in the US

The Stockholm Stock Exchange fell from a slight plus to minus after unexpectedly weak jobs figures for November in the US. At the close, Stockholm's broad OMXS index had fallen 0
AI-driven buying spree continues on Wall Street
Business News

AI-driven buying spree continues on Wall Street

A new trading week began as the last one ended. Monday saw big gains on the New York Stock Exchange, fueled by the big AI-connected tech companies and increased hopes for an interest rate cut in December
Unusually open division in the Fed ahead of interest rate decision
Business News

Unusually open division in the Fed ahead of interest rate decision

Another cut in the key interest rate – or not? On December 10, the US Federal Reserve (Fed) will put its foot down. The decision-makers now appear unusually divided – while the Fed chairman keeps his mouth shut
Wall Street closed steady after shaky week
Business News

Wall Street closed steady after shaky week

A shaky week on Wall Street ended on a solid upward note. The hope of more cuts in the US interest rate helped to dispel some of the nervousness
No inflation figures for October in the US
Business News

No inflation figures for October in the US

Important inflation statistics for October will not be released in the US. This means that important information for the Fed will be lost ahead of the decision on the policy rate in December
Friday's excitement was on the stock market – and excitement again
Business News

Friday's excitement was on the stock market – and excitement again

The beginning was gloomy, the end looked to be all the more cheerful. By 3 p
The Swedish krona is losing ground against the dollar
Business News

The Swedish krona is losing ground against the dollar

The US dollar is strengthening against other currencies, helped by diminished hopes of an interest rate cut in December.
New message – no jobs figures from the US
Business News

New message – no jobs figures from the US

Klarna crashed on the US stock market
Business News

Klarna crashed on the US stock market

After Tuesday's declines on both Asian and European stock markets, the negative trend on Wall Street continued. Swedish payment company Klarna plummeted after its interim report
The government's reboot helped the US stock market
Business News

The government's reboot helped the US stock market

The final political vote to reopen the US government is near, which is cited as the reason for a slight rise in the New York Stock Exchange on Wednesday.
White House: Economic statistics likely to be missed
Business News

White House: Economic statistics likely to be missed

It is unlikely that the US jobs statistics and consumer price index for October will ever be released due to the government shutdown, according to the White House.
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