How BOE Went From Warning About 5% Rates to Closing In on Them
The Bank of England has changed its outlook dramatically since inflation first breached the 2% target in May
2023-05-13 13:55
Modi’s Party Trails in Early Vote Count in India Swing State
Prime Minister Narendra Modi’s party is trailing in the crucial southern state of Karnataka in early vote counting,
2023-05-13 13:29
Record Voter Turnout Predicted When Thais Vote on Sunday
A record number of Thais are projected to go to the ballot boxes in Sunday’s parliamentary election as
2023-05-13 12:49
Petro Says Colombia Must Respond to High Rates With Tariffs
Colombian President Gustavo Petro urged commercial banks to cut interest rates on loans and added that central bank
2023-05-13 10:29
Fed’s Jefferson Says Inflation High, But Policy ‘On Track’
Federal Reserve Governor Philip Jefferson said progress on inflation this year has been “mixed,” but noted that policy
2023-05-13 09:56
Yellen to Update Congress on Default Timing Within Two Weeks
Treasury Secretary Janet Yellen said she expects to update Congress within the next two weeks on how close
2023-05-13 09:48
US wants a recall of 67 million airbag inflators, but the manufacturer disagrees
The National Highway Traffic Safety Administration is calling for an immediate recall of 67 million airbag inflators due to a dangerous defect, the agency said in a letter to ARC Automotive, a major manufacturer of the component. But the automotive supplier that made the component is disputing the need for it to conduct any sort of broad recall at all.
2023-05-13 08:29
Popular China Stock Trade Runs Into Geopolitical, Growth Risks
Intensifying geopolitical tussle and dimming economic outlook is threatening to nip one of the few winning China stock
2023-05-13 08:28
US regulator urges recall of 67m airbag inflators
The parts maker rejected the request, saying investigators had not found any "systemic" defects.
2023-05-13 08:22
Chile Holds Interest Rate Unchanged With Inflation Trudging Toward Target
Chile’s central bank held its interest rate steady for the fourth straight meeting and signaled it still isn’t
2023-05-13 08:20
Fed's Bullard: disinflation prospects 'good' but not guaranteed
PALO ALTO, Calif. St. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the
2023-05-13 08:20
Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla
George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a
2023-05-13 06:53