Summers Warns on Inflation Reacceleration Risk With Too-Hot Wage Growth
Former Treasury Secretary Lawrence Summers said that while the path to a soft landing for the US economy
2023-08-04 23:15
Niger Military Junta Ends Defense Cooperation With France
Niger’s military junta has ended several defense cooperation agreements with France, adding to uncertainty about Paris’s continued military
2023-08-04 21:54
US Wage Growth, Lower Unemployment Underpin Solid Jobs Market
US employment increased at a solid pace in July while wages rose at a faster-than-expected clip, consistent with
2023-08-04 21:18
Lionel Messi’s Inter Miami Gets $75 Million Ares Investment
Ares Management is investing an extra $75 million in Inter Miami CF, the Major League Soccer club that’s
2023-08-04 20:23
Italy Football Clubs Post €1.4 Billion Loss Despite Buyer Spree
Italian football clubs recorded the worst cumulative loss in fifteen years — even after international investors injected millions
2023-08-04 19:30
ECB Says Underlying Inflation in Euro Zone Probably Peaked
Underlying inflation in the euro zone has probably peaked, even though its exact level remains difficult to determine,
2023-08-04 18:16
Sweden’s SBB Weighs IPO of $3.4 Billion Residential Unit
SBB, the embattled developer at the center of Sweden’s property crisis, is considering carving out its entire residential
2023-08-04 17:51
Apple Set to Relinquish Historic $3 Trillion Value as Sales Fall
Apple Inc.’s market value is set to dip below the historic $3 trillion level after the iPhone maker’s
2023-08-04 17:29
UK Rate Hikes Hurting Business and May Be Near Peak, IOD Says
The Bank of England’s longest series of interest rate increases in three decades is starting to hurt businesses,
2023-08-04 17:21
GSK’s Nigerian Unit to Close Down, Return Cash
GlaxoSmithKline Consumer Nigeria Plc, the second-biggest drug firm in the West African nation, will cease operations after its
2023-08-04 16:52
AT1s Deliver Big Returns to Traders Braving Credit Suisse Rout
In the days after Credit Suisse Group AG’s AT1s were wiped out, speculation was rife that the market
2023-08-04 15:46
World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
2023-08-04 15:29