Swedish central bank set to keep rates steady on Feb. 12, and through 2021: Reuters Poll
Sweden’s central bank is expected to keep its benchmark interest rate at zero at a policy meeting next week and is not expected to alter its stance for the foreseeable future, a Reuters poll showed on Friday.
White House sees minimal impact on U.S. economy from China’s coronavirus
The White House’s economic adviser on Friday said that President Donald Trump’s administration does not expect the coronavirus in China will have a major effect on the U.S. economy.
Tightrope Thiam: comeback CEO stung by a spying scandal
Tidjane Thiam is unlikely to quietly retire after his abrupt exit as chief executive of Credit Suisse, some of those who have worked with him predict.
U.S. ‘Section 232’ auto decision on hold for possible U.S.-EU trade deal: Kudlow
White House economic adviser Larry Kudlow said on Friday a U.S. decision to impose “Section 232” national security tariffs on cars and auto parts imported from the European Union is on pause amid attempts to reach a U.S.-EU trade deal.
White House adviser: Xi told Trump that China will meet trade targets despite virus
Chinese President Xi Jinping told U.S. President Donald Trump that China would still meet its Phase 1 trade deal purchasing targets despite delays linked to the coronavirus, White House adviser Larry Kudlow told Bloomberg Television on Friday.
Wall Street slips from record highs after jobs report
Wall Street pulled back from record levels on Friday, as investors assessed the U.S. employment report that showed jobs growth accelerated in January but included a downward revision to some previous numbers.
U.S. jobs growth beats expectations for January
U.S. non-farm payrolls data for January came in above analysts expectations, bolstering the view that the economy continues to grow at a healthy pace.
U.S. December wholesale inventories revised lower
U.S. wholesale inventories were a bit weaker than initially estimated in December amid a broad decline in stocks, including motor vehicles.
White House adviser says UK’s 5G actions won’t hinder trade deal
Britain’s decision to grant China-based Huawei Technologies a limited role in its 5G network despite U.S. concerns will not hinder efforts to reach a U.S.-UK trade deal, White House economic adviser Larry Kudlow said on Friday.
Uber’s new roadmap to profitability draws Wall Street praise
Shares of Uber Technologies Inc rose on Friday after the ride-hailing company laid out an ambitious plan to be profitable by the end of 2020, a year ahead of its previous target as it tries to squash Wall Street doubts over its long-term viability.
