Charting the Global Economy: Fed, ECB Press on With Rate Hikes
The Federal Reserve, European Central Bank and Bank of Japan headlined a pivotal week for central banks, with
2023-07-29 17:24
UK’s War on Inflation Is Hitting Families and Renters Hardest
Britain’s young families and low-to-middle earners in the Millennial generation are shouldering the heaviest burden in the Bank
2023-07-29 14:15
Germany’s Economic Malaise Evokes ‘Sick Man of Europe’ Era
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Germany’s economy
2023-07-29 13:51
Equinox to Run Hotel in Saudi Arabia, and More Middle East Luxury News
Hi, it’s Lisa Fleisher, your luxury correspondent for the Middle East. I’ve been asking hoteliers and restaurateurs in
2023-07-29 13:25
Japan Labor Ministry Proposes Record Increase in Minimum Wage
Japan’s labor ministry is proposing a record increase in the minimum hourly pay that will push the rate
2023-07-29 11:25
Chile Delivers Jumbo Interest Rate Cut as Latin America Pivots to Easing Cycle
Chile’s central bank slashed its key interest rate by a larger-than-expected 100 basis points, spearheading Latin America’s shift
2023-07-29 09:54
IMF to Loan Argentina as Much as $10.8 Billion This Year
The International Monetary Fund will give Argentina as much as $10.8 billion in loans for the rest of
2023-07-29 08:24
Southwest Airlines converts some Boeing 737 MAX 7 orders to MAX 8 amid delays
Southwest Airlines has exercised options for the delivery of 30 Boeing 737 MAX 7 planes next year, and
2023-07-29 06:56
Virtu Is Bracing for SEC Lawsuit After Settlement Talks Fail
Virtu Financial Inc. expects to be sued by the Securities and Exchange Commission after talks failed to settle
2023-07-29 06:27
Bank of Japan’s Real Surprise Was Dovish Inflation Forecast, Fidelity Says
For all the headlines on the Bank of Japan easing its cap on bond yields, the bigger shock
2023-07-29 03:59
Mike Cagney’s Figure Lays Off 20% of Staff Amid IPO Plans
Figure Technologies Inc. laid off 90 employees this week, or about 20% of its staff, according to documents
2023-07-29 03:52
Banks Told to Step up Contingency Funding Plans by US Regulators
US lenders should review their plans for filling funding needs in times of stress to ensure that they
2023-07-29 03:25