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Feature: Bulgaria joins eurozone amid expectations, adjustments
1+ min ago (649+ words) Monday, 12 Jan 2026 SOFIA, Jan. 11 (Xinhua) -- In the first minutes of 2026, a three-dimensional euro symbol lit up the facade of the Bulgarian National Bank in Sofia. At the same moment, the headquarters of the European Central Bank in Frankfurt were illuminated…...
Latest unemployment numbers for Mobile, Baldwin, Alabama
46+ min ago (532+ words) MONTGOMERY, Ala. (WALA) - The Alabama Department of Workforce Secretary announced the latest unemployment figures this week. Alabama's Unemployment Rate Drops to 2.7% in November Mobile County's unemployment rate for November 2025 was 3. 3%, down from 3.9% in November of 2024. Baldwin County's unemployment rate for…...
Justice department opens investigation into Jerome Powell as Trump ramps up campaign against Federal Reserve
56+ min ago (388+ words) Fed chair hits back, accusing DoJ of threatening criminal charges because central bank defied Trump's demands The Department of Justice has opened a criminal investigation into Jerome Powell and the Federal Reserve, a significant escalation in Donald Trump's extraordinary attack…...
Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment
1+ hour, 3+ min ago (237+ words) By CHRISTOPHER RUGABER, Associated Press In a video statement, Powell said the threat of criminal charges are "pretexts" to undermine the'Fed's independence'when it comes to setting interest rates. "This is about whether the Fed will be able to continue to…...
GBP/USD rebounds from near three-week low as Fed concerns pressure USD
1+ hour, 9+ min ago (325+ words) The GBP/USD pair attracts some buyers near a technically significant 200-day Simple Moving Average (SMA) and recovers slightly from a nearly three-week low, touched during the Asian session on Monday. Spot prices, for now, seem to have snapped a…...
India on high growth path despite external headwinds
1+ hour, 19+ min ago (342+ words) Exports of mobile phones to the U.S. surged from Rs. 5146 crore in November 2024 to Rs. 16,013 crores in November 2025. It is thus no wonder that exports to the U.S. market actually rose by as much as 22 per cent during the month, even in…...
CBN Reforms Expand Balance Of Payments Surplus, Remittances, FX Reserves Inflows
1+ hour, 24+ min ago (1423+ words) The monetary and fiscal authorities, have made significant progress in restoring macroeconomic stability, reducing inflation, improving data analytics, ending monetary financing of deficits, and narrowing the FX market gap to under two per cent. The reforms instituted by the Central…...
'Government spending crucial, hope it does not pursue aggressive tightening"
1+ hour, 45+ min ago (390+ words) The key hope from the Union Budget is that the government does not pursue aggressive fiscal tightening, according to the head of equity investments at Canara Robeco Asset Management Co. Other than that, "expectations from the budget are limited," as…...
Collapse in confidence after Budget sets up bleak year for jobs
1+ hour, 52+ min ago (517+ words) Business confidence collapsed after the Budget and companies put the brakes on hiring " setting the scene for another bleak year for the economy, experts warned yesterday. A separate survey by accountants KPMG and the Recruitment & Employment Confederation (REC) showed hiring…...
Two in five people ‘expect finances to worsen in year ahead’
1+ hour, 56+ min ago (395+ words) Nearly 100,000 people have visited StepChange's website since the start of 2026, the charity has reported. On January 5, the first Monday of 2026, StepChange Debt Charity had its busiest day in more than a year. Some 800 clients went through debt advice, which is…...