News
Important Only
UPDATE 1-Another judge blocks Biden rule expanding overtime pay
Adds statement from plaintiff's lawyer in paragraph 6By Daniel Wiessner Dec 30 (Reuters) - A federal judge in Texas on Monday became the second to strike down a Biden administration rule that would extend mandatory overtime pay to 4 million salaried workers.U.S. District Judge Sam Cummings in Lub...Reuters
Mon, Dec 30
Another judge blocks Biden rule expanding overtime pay
By Daniel Wiessner Dec 30 (Reuters) - A federal judge in Texas on Monday became the second to strike down a Biden administration rule that would extend mandatory overtime pay to 4 million salaried workers.U.S. District Judge Sam Cummings in Lubbock, Texas in a brief order said he agreed with the ...Reuters
Mon, Dec 30
UPDATE 2-Syria appoints Maysaa Sabrine as first woman to lead central bank, official says
Adds backgroundBy Timour Azhari DAMASCUS, Dec 30 (Reuters) - Syria's new rulers have appointed Maysaa Sabrine, formerly a deputy governor of the Syrian central bank, to lead the institution as the first woman to do so in its more than 70-year history, a senior Syrian official said.Sabrine, a long...Reuters
Mon, Dec 30
TREASURIES-US yields extend fall after Chicago PMI
NEW YORK, Dec 30 (Reuters) - U.S. Treasury yields extended their decline on Monday after data showed business activity in the U.S. Midwest contracted in December, backing perceptions that key sectors of the economy were starting to slow down.The December reading of the Chicago Purchasing Managers In...Reuters
Mon, Dec 30
Romania aims to sell domestic debt worth 5.77 bln lei in January-finmin data
BUCHAREST, Dec 30 (Reuters) - Romania's finance ministry aims to sell domestic treasury bonds and bills worth around 5.77 billion lei ($1.21 billion) in January, including 570 million lei at non-competitive tenders, it said on Monday.The ministry has scheduled nine bond tenders with residual maturit...Reuters
Mon, Dec 30
FACTBOX-Most brokerages expect Fed to hold rates steady in January meeting
Updates with Morgan Stanley's rate cut estimates Dec 30 (Reuters) - Major brokerages, including BofA and Goldman Sachs, expect the U.S. Federal Reserve to hold interest rates steady in the upcoming January meeting, after the central bank delivered a quarter-percentage-point cut in December.Fed Ch...Reuters
Mon, Dec 30
Brazil's public sector gross debt hits 77.7% of GDP in November
BRASILIA, Dec 30 (Reuters) - Brazil's government debt as a share of gross domestic product narrowed slightly to 77.7% in November from 77.8% the month before, central bank data showed on Monday.Economists polled by Reuters had expected it to hit 78.9%.The Brazilian public sector posted a primary def...Reuters
Mon, Dec 30
Romanian PM confident pensions will not be capped throughout 2025 despite decree
BUCHAREST, Dec 30 (Reuters) - Romanian Prime Minister Marcel Ciolacu said on Monday he was confident pensions will either be indexed in the second half of 2025 or else those with small pensions will receive one-off aid when the government builds the 2025 budget plan in January.The new coalition gove...Reuters
Mon, Dec 30
