Federal Reserve Vice Chair for Supervision Michael Barr plans to step down from the role, bypassing a potential battle with President-elect Donald Trump over his position and raising questions about the future of a landmark capital bank proposal.
Justin Trudeau will announce his resignation as leader of Canada's Liberal Party on Monday morning, the Canadian Broadcasting Corp. reported, triggering a contest to replace him as prime minister.
Austria's Chancellor Karl Nehammer said he'll step down as head of government and chairman of the conservative People's Party after failing to form a coalition government.
Assets in Canadian exchange-traded funds surpassed C$500 billion ($346 billion) for the first time in 2024, a year that smashed records for inflows and new fund launches.
Crypto prices are rising once again, with many of the alternatives to Bitcoin outperforming on Thursday as investors expand their holdings at the start of the new year.