Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates?
A year ago, Chair Jerome Powell warned that to fight high inflation, the Federal Reserve would continue to sharply raise interest rates, bringing “some pain” in the form of job losses and weaker economic growth
2023-08-23 17:16
DeSantis Faces Make-or-Break Moment at First GOP Debate
Ron DeSantis has a golden opportunity to revive his presidential bid at tonight’s Republican debate. But he’ll need
2023-08-23 16:56
Euro-Area Downturn Quickens as Service Activity Starts Shrinking
The contraction of private-sector activity in the euro area intensified in August as services ceased being a bright
2023-08-23 16:54
What is the US's most popular beer? New ruler of brews is not American but capitalizes on Bud Light downfall
The shift comes on the heels of the Dylan Mulvaney controversy that ignited a widespread boycott of Bud Light
2023-08-23 16:47
Facebook owner Meta breaks privacy rules, Norway regulator tells court
By Gwladys Fouche OSLO Meta Platforms is breaking European data privacy rules in Norway, the country's data regulator
2023-08-23 15:51
Odey to Shutter Only Fund Run by Female Money Manager
Odey Asset Management is shutting an emerging markets fund as the firm continues to reorganize in the wake
2023-08-23 15:47
Stock market today: Asian shares are mixed ahead of Fed Chair speech and Nvidia earnings
Asian markets are trading mixed ahead of Fed Chair Jerome Powell’s highly anticipated speech later in the week
2023-08-23 15:21
Athens Wildfires Burn for Second Day, Threatening Homes, Forests
A wildfire near the Greek capital is still burning and is expected to spread further on Wednesday as
2023-08-23 14:59
Investors Say They’ll Stick With Gold as Fed Cycle Nears End
Gold isn’t losing its allure, according to a dozen money managers who all told Bloomberg News they expect
2023-08-23 14:47
Sweden’s Recession Seen Lasting Longer With Households Pressured
Sweden’s economy is facing two years of contraction — more than previously thought — as rising costs force
2023-08-23 14:45
Swiss Tunnel Partially Reopens for Freight Traffic
Switzerland’s Gotthard tunnel partially reopened for freight traffic, easing the bottleneck on a critical trade route across the
2023-08-23 14:28
Singapore Core Inflation Rate Drops Further to 3.8% in July
Singapore’s core inflation eased last month as forecast, allowing central bankers room to keep monetary policy steady to
2023-08-23 14:27