Markets Mostly Rise as Rate Cut Hopes Bring Christmas Cheer
Data showing US unemployment rising and inflation slowing gave the Federal Reserve more room to lower borrowing costs and provided some much-needed pep to markets after a recent swoon.
Data showing US unemployment rising and inflation slowing gave the Federal Reserve more room to lower borrowing costs and provided some much-needed pep to markets after a recent swoon.
Christians gathered at the Church of the Nativity in the holy city of Bethlehem on Tuesday to mark a solemn Christmas overshadowed by war, as Pope Francis led mass in the Vatican.
Titled “No Family Without Christmas,” the event in front of the National Congress was held for the eighth consecutive year, and Tuesday’s turnout exceeded organizers’ expectations.
On Bethlehem’s Manger Square, Christmas decorations and pilgrims are notably absent for a second wartime festive season in the Israeli-occupied West Bank city.