Wall Street Soothsayers Have Rarely Been So Bewildered About What’s Next
Up and down Wall Street, forecasters were caught flat-footed by how the first half of 2023 unfolded in
2023-07-08 23:18
France’s Le Maire Says Policies Must Recognize Inflation Easing
French Finance Minister Bruno Le Maire said policymakers must account for the fact that Europe is moving past
2023-07-08 22:51
Ex-AQR Quant Says Inverted Yield Curve Won’t Crush Bond Returns
Worried that the dreaded inversion of the Treasury yield curve will lay out traps for your bond portfolio
2023-07-08 21:29
China Cuts Stock Funds’ Management Fees to Bolster Market
China’s securities regulator cut stock mutual funds’ management fees and vowed to push more institutional investors to raise
2023-07-08 19:56
Erdogan Says Turkey Wants Three-Month Extension of Grain Deal
Turkey wants the safe-transit deal for Ukrainian grain exports from Black Sea ports extended for three months instead
2023-07-08 17:24
Charting the Global Economy: Employers in US Temper Hiring Pace
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. US employers
2023-07-08 17:22
Ukraine Recap: Biden Says Kyiv Isn’t Ready for NATO Membership
Russia’s invasion of Ukraine hits the 500-day mark on Saturday. President Joe Biden told CNN that a vote
2023-07-08 15:18
Markets Turn Against UK as Inflation and Growth Outlook Darkens
Markets have turned against the UK for the second time in under a year as the outlook for
2023-07-08 13:48
Swiss Banks Can Handle More Rate Hikes, SNB’s Schlegel Says
Switzerland’s lenders are strong enough to cope with possible additional interest-rate increases by the Swiss National Bank, its
2023-07-08 11:27
Summers Warns on Inflation Complacency, Sees More Bond Declines
Former Treasury Secretary Lawrence Summers warned against any sense of achievement by policymakers in bringing inflation down notably
2023-07-08 08:17
Ukraine Plans to Seize Sense Bank From Russian Billionaires
Ukraine plans to nationalize Sense Bank, one of the country’s systemically important lenders, from its Russian owners as
2023-07-08 00:24
Rate Hike Seen by All Canada’s Big Six Banks on Strong Jobs Data
All six of Canada’s main commercial lenders now expect the Bank of Canada to raise interest rates next
2023-07-07 23:25