German Inflation Trauma of 1923 Strikes an Uneasy Chord Today
By late-1923, hyperinflation had rendered Germany’s currency so worthless that one woman used several billion marks of banknotes
2023-08-27 13:46
China’s Industrial Profits Drop Persists as Economy Weakens
The decline in China’s industrial profits eased in July, though the slowing economic recovery and deflation risks remain
2023-08-27 10:54
Trump Raises $7.1 Million as Georgia Arrest Rallies Supporters
Former President Donald Trump raised $7.1 million since his arrest in Georgia on Thursday as his campaign sought
2023-08-27 09:53
China’s Travel Rebound Risks Super-Charging Jet Fuel Prices
After years of pent-up demand for leisure and business travel due to the ravages of Covid-19, millions of
2023-08-27 08:50
Zimbabwe Leader Wins New Term, Monitors Says Vote was Flawed
Zimbabwean President Emmerson Mnangagwa was declared the winner of an election that observers said was deeply flawed, extending
2023-08-27 06:59
Slower US Job Growth to Support Fed Patience
Employment growth in the world’s largest economy probably cooled and wage increases moderated in August, suggesting a further
2023-08-27 05:22
Dorries Finally Quits UK Parliament With Fierce Attack on Sunak
Former Culture Secretary Nadine Dorries savaged Prime Minister Rishi Sunak in an excoriating resignation letter, as she finally
2023-08-27 04:59
Powell Has Bond Traders Right Where He Wants Them: Full of Doubt
Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s
2023-08-27 04:50
BOJ Chief Says Strategy Backed by Below-Target Inflation
Bank of Japan Governor Kazuo Ueda said price growth remains slower than the central bank’s goal, explaining why
2023-08-27 04:00
Junkiest Debt Rallies as Investors Brush Off Fed
Credit investors have decided that they’re more than willing to fight the Federal Reserve as the central bank
2023-08-27 03:48
BOE’s Broadbent Warns UK Rates Need to Remain High For Some Time
The Bank of England will have to keep interest rates high for longer because inflation is unlikely to
2023-08-27 01:51
Jackson Hole and Mugshot Buzz: Your Saturday US Briefing
This week, the world watched as former president Donald Trump surrendered in Atlanta on charges that he conspired
2023-08-26 23:59