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
Binance to Exit Canada After Country Imposes New Crypto Rules
Binance, the world’s biggest crypto exchange, said it will exit Canada after the country moved to impose new
2023-05-13 05:26
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
US Consumer Long-Term Inflation Expectations Hit 12-Year High
US long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting
2023-05-12 22:24
BOE Chief Economist Says UK Inflation at ‘Turning Point’
Bank of England Chief Economist Huw Pill gave the clearest indication yet that officials think they might be
2023-05-12 22:19
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 20:15
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 19:52
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
South Africa’s Mashatile to Meet CEOs Amid Investment Strike
South Africa’s Deputy President Paul Mashatile is set to meet captains of industry amid an energy crisis that’s
2023-05-12 16:51
ECB May Need to Tighten Further After the Summer, Nagel Says
The European Central Bank may have to continue raising borrowing costs beyond the summer, according to Governing Council
2023-05-12 16:22
Bank of America to Lead $500 Million Debt Swap for Gabon
Bank of America Corp. will arrange a $500 million debt swap for marine conservation in Gabon, as these
2023-05-12 15:54
UK Economy Hit Setback in March With Consumers Turning Cautious
The UK economy shrank unexpectedly in March as households turned more cautious and strikes hit activity across a
2023-05-12 15:48