Fed’s Bostic Says Bar to Justify Further Rate Hikes Is Higher
Federal Reserve Bank of Atlanta President Raphael Bostic said he supports holding the central bank’s target-rate level and
2023-06-22 02:47
FTC Sues Amazon for Hindering Consumer Attempts to Cancel Prime
The US Federal Trade Commission sued Amazon.com Inc. Wednesday, alleging the e-commerce giant duped consumers into signing up
2023-06-22 01:27
SoftBank’s Vision Fund to Start Job Cuts as Soon as This Week
SoftBank Group Corp.’s Vision Fund is preparing to start another round of layoffs as soon as this week,
2023-06-22 00:55
Money Funds See $5.5 Trillion Pile Growing as Tool Kit Expands
The US money-market industry, one of the big winners on Wall Street as the Federal Reserve hiked interest
2023-06-21 21:51
Japan PM Pledges to Fix Problems With ID Card Rollout
Japanese Prime Minister Fumio Kishida promised the public he would fix problems with the introduction of a national
2023-06-21 19:27
China Begins Nationwide Push to Reveal Hidden Government Debt
China has begun a fresh round of nationwide inspections to work out how much money local governments’ owe,
2023-06-21 19:27
Junk Food, Sweet Drinks Are Philippines’ Next Tax Targets
The Philippines is pursuing plans to tax junk food and hike levies on sweetened beverages to boost revenue
2023-06-21 19:23
ECB’s Kazimir Says Core Inflation Must Be Tamed for Pause
The European Central Bank can only pause interest rate hikes at its September meeting if it’s certain that
2023-06-21 18:18
EU Sees Hurdles to Seizing €200 Billion in Russian Assets
The European Union has assessed that it can’t legally confiscate outright frozen Russian assets and instead is focusing
2023-06-21 17:48
BOE Rate Seen Rising Beyond 6% After Shock Inflation Reading
Traders ramped up bets for further Bank of England interest-rate hikes after another shock inflation reading, pricing the
2023-06-21 15:53
Warnings of Mortgage Crisis Overblown, Says Top BOE Official
Most UK mortgage borrowers can cope at current interest rates and warnings of a housing crisis are overblown,
2023-06-21 15:47
ECB’s Rehn Joins Race to Succeed Niinisto as Finnish President
Finnish central bank Governor Olli Rehn joined the race for the president of the Nordic country in the
2023-06-21 15:29