Final Stretch of Central-Bank Hiking Will Be Toughest, BIS Says
The unprecedented cycle of global interest-rate increases is entering its most challenging stretch as inflation threatens to become
2023-06-25 17:23
Europe’s Markets Flash Warnings as Growth Woes Start to Dominate
Recession alarms are ringing around Europe’s bond markets, replacing the previous panic over inflation as investors come to
2023-06-25 15:55
ECB Is Entering Final Stretch of Interest Rate Hikes, Guindos Says
The European Central Bank is “entering the final stretch” of its tightening cycle, according to Vice President Luis
2023-06-25 15:24
Russia Latest: Italy Now Sees Weakened Russia on Ukraine Front
Wagner Group mercenary leader Yevgeny Prigozhin halted his dramatic advance toward Moscow and pulled his fighters back, defusing
2023-06-25 14:57
Powell Wins Over Bond Traders Dialing Back Bets on Deep Downturn
The bond market is finally getting in sync with Jerome Powell’s outlook for the economy. Traders have scrapped
2023-06-25 04:25
Prigozhin Turns His Forces Back from Moscow, Avoids Showdown
Wagner mercenary leader Yevgeny Prigozhin dramatically halted his advance toward Moscow and ordered his fighters to return to
2023-06-25 02:53
Zambia to Pay 1% Interest After ‘Mission Impossible’ Debt Deal
Zambia will pay interest rates of as low as 1% until 2037 as part of its debt restructuring
2023-06-24 23:16
Crypto Feeds on AI Hype as Tech Offers New Uses for Blockchain
New lawsuits filed by the US Securities and Exchange Commission against Coinbase Global Inc. and Binance Holdings Ltd.
2023-06-24 22:57
Meloni Says Italian Vote on ESM Reform Would Be Mistake For Now
Prime Minister Giorgia Meloni said she opposes having Italian lawmakers take up a revision of the euro area’s
2023-06-24 22:51
Homebuilding Set to Boost US Economy After Two-Year Contraction
After eight straight quarters of contraction, it looks like the slide in US residential investment may be finished.
2023-06-24 21:48
Wagner Chief Directly Challenges Putin as Russia Crisis Spirals
Wagner leader Yevgeny Prigozhin said his forces won’t surrender after Russian President Vladimir Putin denounced their military rebellion
2023-06-24 21:28
Pakistan to Raise Taxes in Final Attempt to Secure IMF Loan
Pakistan will make changes to its budget for the next fiscal year to appease the International Monetary Fund’s
2023-06-24 21:17