Fed’s Bowman Says Bank Supervision Preferable to Capital Rules
Federal Reserve Governor Michelle Bowman said US banks need better supervision rather than higher capital requirements because they
2023-06-26 00:18
Why chaos in Russia could spell trouble for the global economy
After the pandemic and war in Ukraine, and the inflation shock that followed, the global economy is in a precarious state. The last thing it needs right now is another nasty surprise.
2023-06-25 23:57
Where Stock Market Is Headed After Wild First Half: Five Charts
As a dizzying first half for US stocks draws to a close, the Nasdaq 100 Index is poised
2023-06-25 23:23
Blinken Says Wagner Uprising Is ‘Direct Challenge’ to Putin
US Secretary of State Antony Blinken said the Wagner mercenary group’s revolt against Russian President Vladimir Putin was
2023-06-25 22:19
Final Stretch of Central-Bank Hiking Will Be Toughest, BIS Says
The unprecedented cycle of global interest-rate increases is entering its most challenging stretch as inflation threatens to become
2023-06-25 17:22
Europe’s Markets Flash Warnings as Growth Woes Start to Dominate
Recession alarms are ringing around Europe’s bond markets, replacing the previous panic over inflation as investors come to
2023-06-25 15:48
ECB Is Entering Final Stretch of Interest Rate Hikes, Guindos Says
The European Central Bank is “entering the final stretch” of its tightening cycle, according to Vice President Luis
2023-06-25 15:22
Polish President Duda Says De-Escalation Under Way in Russia
The situation in Russia appears to be de-escalating, which bodes well for Poland’s security, President Andrzej Duda said.
2023-06-25 04:52
Powell Wins Over Bond Traders Dialing Back Bets on Deep Downturn
The bond market is finally getting in sync with Jerome Powell’s outlook for the economy. Traders have scrapped
2023-06-25 04:23
Prigozhin Turns His Forces Back from Moscow, Avoids Showdown
Wagner mercenary leader Yevgeny Prigozhin dramatically halted his advance toward Moscow and ordered his fighters to return to
2023-06-25 02:45
Zambia to Pay 1% Interest After ‘Mission Impossible’ Debt Deal
Zambia will pay interest rates of as low as 1% until 2037 as part of its debt restructuring
2023-06-24 23:25
Meloni Says Italian Vote on ESM Reform Would Be Mistake For Now
Prime Minister Giorgia Meloni said she opposes having Italian lawmakers take up a revision of the euro area’s
2023-06-24 22:50