At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained —
2023-08-28 04:52
Markets Brace for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates
2023-08-27 22:59
Discounts Make a Comeback as Shoppers Get Picky About Spending
US shoppers are getting increasingly hesitant about shelling out for shoes, appliances and other nonessentials. That has more
2023-08-27 22:52
Egypt Stocks Hit Record High as Investors Seek Inflation Offset
Egypt’s benchmark stock index hit a record high, spurred by investors looking to hedge against surging inflation driven
2023-08-27 22:49
Twitchy Traders Have S&P 500 Comebacks Fizzling at Historic Pace
Surprised that the S&P 500 swung into the green Friday? Don’t worry. Just wait. It’ll fall again after
2023-08-27 22:23
Women’s Tennis Is More Unpredictable — And Fun — Than Ever Going Into US Open
The retirement of the greatest women’s tennis player is giving a new generation of competitors the chance for
2023-08-27 22:23
Crypto’s Latest Craze Friend.tech Is Overrun by Bots, ‘Speculative Games’
Blink and you’ll probably miss the latest crypto fad. A hot new social-media project that enlivened an otherwise
2023-08-27 21:26
Celebrity video site sees a surge of actor sign-ups in the wake of the strike
For every glitzy movie star in Hollywood, there are hundreds of actors living paycheck to paycheck working odd jobs when gigs dry up.
2023-08-27 21:23
Emerging-Market Funding Gets Creative as Dollar Bonds Dry Up
At the BRICS summit in Johannesburg this week, a key item on the agenda was reducing dollar dependence
2023-08-27 20:50
China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow
2023-08-27 20:20
US consumer spending is expected to cool further but not fall off a cliff
After a remarkable summer of robust consumer spending and financial-market resilience, the US economy is widely expected to slow in the coming months as the Federal Reserve continues its historic inflation fight.
2023-08-27 19:58
South Africa Says Distribution Is ‘Albatross’ of Power System
South Africa’s electricity distribution system is “an albatross” beset by fighting between the national power utility and municipalities
2023-08-27 19:50