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
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
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
Italy Survives Fitch Judgment in Boost for Meloni Before Moody’s
Italy retained a credit assessment two notches above junk from Fitch Ratings, a vote of confidence in the
2023-05-13 05:46
Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
2023-05-13 05:45
Hedge Fund Trade With a History of Blowups Is Back Again
Hedge funds looking to profit from dislocations in the US Treasury market appear to be playing with the
2023-05-13 05:19
Fed’s Extreme Stranglehold Over Wall Street Trading Is Easing
Risky and safe assets alike have hung on every word and deed of Jerome Powell and Co. for
2023-05-13 04:21
California’s Newsom Sees Budget Deficit Deepening to $32 Billion
Governor Gavin Newsom said California is facing a $32 billion budget deficit, a deeper hole than previously projected,
2023-05-13 01:53
Lawsuit Targeting Shell Board Over Climate Failures Thrown Out
A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks.
2023-05-12 23:17
India’s Retail Inflation Eases More Than Estimated in April
Consumer prices in India continued to slide in April, giving the central bank room to keep rates on
2023-05-12 20:22
Economists See South Africa Skirting Recession in First Quarter
South Africa’s economy probably avoided a technical recession in the first quarter, despite more intense power outages. A
2023-05-12 19:55
China Is Scaring Away Foreign Investors That Its Cities Want
China’s unpredictable policy making is deterring foreign investment that the country’s cash-strapped cities are desperate to entice. Local
2023-05-12 17:55