Defeating inflation without higher unemployment is still unlikely
US inflation is now much slower than last summer's red-hot pace, but it's not guaranteed it will drift all the way down to the Federal Reserve's 2% target without a sharp rise in unemployment. That possibility remains unlikely.
2023-09-24 19:24
Italy Offers Banks Get-Out Clause to Controversial Windfall Tax
Italian banks will be allowed to avoid paying a controversial windfall tax introduced last month if they set
2023-09-24 19:20
Yields Spike and Gold Shrugs. What’s Driving Bullion Now?
What determines the price of gold? For much of the past decade the answer was easy: the price
2023-09-24 17:26
Ukraine Recap: DeSantis Says Ukraine in NATO Not in US Interest
Republican presidential candidate Ron DeSantis said he opposes NATO membership for Ukraine and he doesn’t think it’s in
2023-09-24 17:24
How War and Aging Dams Left Libya Exposed to a Climate Superstorm
The mother of five knew something was wrong with the rain. The windows of her home in the
2023-09-24 17:19
China state asset manager plans $14 billion emerging industry fund -report
SHANGHAI China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion
2023-09-24 16:25
One Year Since Truss-Powered Crash, Ghost of Weak Pound Is Back
One year since former Prime Minister Liz Truss’s spending plans drove the pound to a record low, markets
2023-09-24 16:20
Switzerland Needs Another Major Local Bank, Swatch CEO Says
Nick Hayek, the head of Swatch Group AG, says he regrets the loss of Credit Suisse as it
2023-09-24 15:16
Medals, Space Dust and the Nuclear Threat: Sunday Asia Briefing
As the Asian Games gets into full swing in Hangzhou and citizens pack their bags for Golden Week,
2023-09-24 14:59
Data Center Firm AirTrunk Mulls IPO at A$10 Billion Value: AFR
Data center operator AirTrunk is considering an initial public offering that would give the company an enterprise value
2023-09-24 14:57
China to Set Up Strategic Emerging Industry Fund: Business News
China Reform Holdings Corp., a state asset manager, is planning a development fund worth at least 100 billion
2023-09-24 14:55
China’s PLA Warns Cadres About Socializing With ‘Wrong People’
The People’s Liberation Army urged Chinese military personnel to be careful about who they associate with, saying socializing
2023-09-24 13:45