Turkey’s Lira Slumps After a Smaller-Than-Expected Rate Rise
Turkey’s central bank delivered a significantly smaller interest-rate increase than anticipated, as policy makers embark on what they
2023-06-22 20:54
Bank of England’s Shock Rate Rise Divides UK Economist Reaction
The Bank of England’s shock decision to raise borrowing costs a half percentage point divided business groups, consumer
2023-06-22 20:52
Lula Irked by Central Bank’s Lack of Clarity on Rate Cuts
President Luiz Inacio Lula da Silva and his economic team were irked by some highly-anticipated comments from the
2023-06-22 20:50
Weekly US applications for unemployment aid remain elevated
The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s rate hikes are beginning to cool a still-strong labor market
2023-06-22 20:50
Stock market today: Wall Street futures follow global shares lower on rate hikes galore
Wall Street followed global markets lower early Thursday as countries around the world cranked up interest rates one day after Federal Reserve Chair Jerome Powell told Congress he believes inflation still isn’t under control
2023-06-22 20:48
U.S. jobless claims hold steady at 20-month high, current account gap widens
The number of people filing for state unemployment benefits for the first time held steady at a 20-month
2023-06-22 20:45
Platt’s BlueCrest Dodges UK Demand for $700 Million Compensation
Michael Platt’s investment firm BlueCrest Capital Management, which is fighting a multi million pound UK fine, won a
2023-06-22 20:28
EU Seeks Further US Remedies Over Green Stimulus Spat
The European Union is pushing the US for further remedies to address issues related to President Joe Biden’s
2023-06-22 20:28
Titanic Sub Search Vessel Reaches Sea Floor as Time Grows Short
A search vessel reached the sea floor near the wreck of the Titanic and began looking for a
2023-06-22 20:21
Recession obsession, AI boom and wild markets: What Wall Street can expect for the rest of 2023
The first half of 2023 has been a strange and volatile one for markets. Investors have had to contend with the possibility of recession and war in Europe, interest rate hikes (and pauses), sticky inflation and a softening US economy.
2023-06-22 19:59
Foes of Myanmar's military regime applaud new US sanctions, but want action to block gas revenues
Opponents of Myanmar's military government are applauding fresh financial sanctions imposed by the United States on the Southeast Asian nation
2023-06-22 19:53
Smaller-than-expected Turkey rate hike hits lira, bonds
LONDON Turkey's new central bank governor Hafize Gaye Erkan delivered a smaller-than-expected interest rate hike at her first
2023-06-22 19:52