Central bank efforts to cool inflation may harm innovation, study shows
By Howard Schneider JACKSON HOLE, Wyoming Central bank efforts to slow inflation, by raising borrowing costs and cooling
2023-08-25 22:56
Analysis-Investors see long wait for enlarged BRICS' economic boon
By Rachel Savage and Karin Strohecker JOHANNESBURG/LONDON The expansion of the BRICS group of developing countries could provide
2023-08-25 22:49
Antigua and Barbuda country profile
Provides an overview of Antigua and Barbuda, including key facts about this Caribbean country.
2023-08-25 22:24
US equity funds see biggest weekly outflow in two months
Investors withdrew huge money out of U.S. equity funds in the seven days to Aug. 13 on worries
2023-08-25 21:18
Rate hike odds build as Fed's Powell gets set to speak
As investors wait anxiously for any hint of guidance on the interest rate outlook from Federal Reserve Chair
2023-08-25 21:15
Ukraine’s Slow Offensive Buoys Putin and Worries Allies
Ukraine’s allies now worry the war is dragging into a long fight that may strengthen Vladimir Putin’s hand
2023-08-25 20:49
Biden administration unveils new crypto tax reporting rules
By Hannah Lang Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users'
2023-08-25 20:47
Blackstone selling 22% stake in Bellagio - WSJ
Blackstone Group is selling a 22% stake in Bellagio, which is operated by MGM Resorts under a long-term
2023-08-25 20:46
Rugby star Antoine Dupont teams up with Ami for capsule collection to toast spirit of the sport
Ahead of France hosting the 2023 Rugby World Cup, scrum-half star Antoine Dupont has teamed up with Ami for a limited-edition capsule collection that aims to celebrate the spirit of the sport.
2023-08-25 20:27
What happens in Jackson Hole doesn't stay in Jackson Hole
Most of the year, people visit Jackson Hole, Wyoming, to ski, fly fish or simply enjoy the region's vast natural beauty. But for three days in late August, the city situated in the heart of Grand Teton National Park transforms into Woodstock for economists.
2023-08-25 20:24
Premier League clubs take summer spending to nearly £2billion with week to go
Premier League clubs have spent a fraction under £2billion in this summer’s transfer window already – with a week of business still to go. Data released by financial services firm Deloitte showed that as of 12pm on Friday top-flight teams’ spending had reached £1.95bn. That is already higher than the total, record figure calculated by Deloitte for last summer – £1.92bn. Deloitte said spending was £500m higher this summer compared to the same point last year, suggesting the final total could be around £2.5bn. Two of this summer’s deals so far have been worth over £100m – Arsenal’s signing of Declan Rice from West Ham and Chelsea’s recruitment of Moises Caicedo from Brighton. Premier League clubs’ net spend is calculated at £825m by Deloitte, 25 per cent lower than last summer (£1.1bn), which the firm attributes to a more active global transfer market. Calum Ross, assistant director in Deloitte’s Sports Business Group, said: “For the second year in a row, the summer transfer spending by Premier League clubs has surpassed the previous record and looks set to rise above £2bn for the first time before the window closes on September 1. “This sensational level of spending appears to be the new norm for Premier League clubs. They are generating unprecedented levels of revenue, which for some clubs is combined with the receipt of significant investment from new ownership. “As we approach the end of the transfer window, it remains imperative that clubs manage the buying and selling of players carefully and remain compliant with relevant financial regulations. “Sustainable business plans are essential to support continued competitiveness and long-term growth.” Chelsea’s spending in the last three windows – since a consortium led by American businessman Todd Boehly took charge – is believed to be edging close to the £1billion mark.
2023-08-25 20:21
Frozen vegetables sold at Food Lion and Kroger are being recalled
A brand of frozen mixed vegetables and sweet corn sold at Kroger and Food Lion is being recalled because of potential bacterial contamination.
2023-08-25 20:16
