Sam Bankman-Fried’s Risky Japan Trade Seeded a Crypto Empire
Fresh out of college, Sam Bankman-Fried had a trading job at Jane Street Group in New York. As
2023-06-12 16:18
UBS completes takeover of Credit Suisse in deal meant to stem global financial turmoil
UBS says it has completed its takeover of embattled rival Credit Suisse
2023-06-12 15:52
Hungary’s Economy Chief Floats Idea of Raising Inflation Target
Hungary may need to consider raising its inflation goal as price-growth is unlikely to return near the central
2023-06-12 15:27
Crypto Resumes Drop After SEC Crackdown Led to Weekend Selloff
Cryptocurrencies resumed losses Monday, though staying above their weekend lows, as last week’s regulatory crackdown by the US
2023-06-12 15:15
Further BOE Rate Hikes Can’t Be Ruled Out, Warns Policy Maker Haskel
Bank of England policy maker Jonathan Haskel said the central bank must guard against persistent inflation risks, an
2023-06-12 14:52
Facebook faces new allegations of gender discrimination in its delivery of job ads. Research by human rights group suggests it's a global concern
Facebook-parent Meta is the subject of four new complaints from human rights groups in Europe alleging that the algorithm it uses to target users with companies' job advertisements is discriminatory. Nonprofit Global Witness shared new research with CNN that it says shows the algorithm distributing job ads is based on gender stereotypes, and that it appears to be a global issue.
2023-06-12 14:25
Food prices are squeezing Europe. Now Italians are calling for a pasta protest
High food prices are pinching households across Europe, where food inflation is outpacing other major economies like the U.S., Japan and Canada
2023-06-12 14:23
The final countdown? Five questions for the ECB
By Yoruk Bahceli and Stefano Rebaudo Another quarter percentage-point rate hike from the European Central Bank looks like
2023-06-12 14:00
Swedes Signal Property Market Rout Is Heading for Recovery
Swedish households are becoming more optimistic about the development in the housing market, according to a survey from
2023-06-12 13:57
Goldman Sachs Raises S&P 500 View Saying Rally to Broaden Beyond Tech
The rally in US equities will broaden beyond megacap technology names if history is any guide, Goldman Sachs
2023-06-12 13:52
Iraq's parliament approves budget, ending dispute over oil revenue sharing with Kurdish region
Iraq’s parliament has belatedly approved a record $152 billion budget for 2023, after months of wrangling over the sharing of oil revenue between the central government in Baghdad and the semi-autonomous Iraqi Kurdish region in the north
2023-06-12 13:25
Central banks shelve guidance, in fits and starts, as inflation reigns
By Howard Schneider, Leika Kihara, Balazs Koranyi and William Schomberg Central bankers, who once considered obscurity central to
2023-06-12 13:22