Bernanke Review at BOE to Probe Use of Market Rates in Forecasts
Ben Bernanke’s review into the Bank of England’s forecasting process will look into whether the market path for
2023-09-25 21:51
Elon Musk's Twitter stock purchases under probe by SEC
Elon Musk's Twitter stock purchases are under investigation by the U.S. Securities and Exchange Commission (SEC), according to
2023-10-06 04:17
Icahn Enterprises Shares Fall After US Attorney’s Office Requests Information
Investors wiped as much as $2.3 billion off the market value of Carl Icahn’s investment firm Wednesday after
2023-05-11 05:58
China Evergrande H1 net loss narrows to $4.5 billion
HONG KONG Property developer China Evergrande Group on Sunday reported a January-June net loss of 33 billion yuan
2023-08-27 20:26
How crypto is dealing with the debt ceiling turmoil
Cryptocurrencies are often characterized by their wild price swings and volatility, but stablecoins are digital currencies designed to do the opposite — to hold a steady value.
2023-05-30 19:48
Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’
President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024
2023-06-29 02:18
Oil prices come off earlier gains as banks cut China growth forecasts
By Katya Golubkova TOKYO Global oil prices fell on Monday, backing off last week's gains as questions over
2023-06-19 08:48
China has issued some export licences for gallium and germanium
BEIJING Some Chinese companies have obtained export licences for gallium and germanium products, the commerce ministry said on
2023-09-21 15:56
Australia’s Housing Crunch Lures More Private Credit Lenders
Private credit funds, backed by some major global investors, are venturing where Australian banks increasingly fear to tread:
2023-11-10 11:47
Belkin International awarded Sustainability Initiative of the Year
LOS ANGELES--(BUSINESS WIRE)--Aug 30, 2023--
2023-08-31 03:48
South Korea consumer sentiment weakens in August on growth worries
SEOUL South Korea's consumer sentiment weakened in August for the first time in six months, a central bank
2023-08-22 05:18
India’s Frequent Internet Shutdowns Hurt Its Most Vulnerable
India’s frequent and arbitrary internet shutdowns hurt its most impoverished, who depend on government social protection programs, according
2023-06-14 10:47
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