BlackRock Investment Institute sees AI as major driver of equity returns
Shares of AI-focused companies will be a major driver of returns for developed markets in a tough economic
2023-06-28 23:28
Powell Signals Fed Open to Two Straight Hikes at Coming Meetings
Federal Reserve Chair Jerome Powell signaled policymakers could potentially raise interest rates in July and September to curb
2023-06-28 22:59
BOE’s Bailey Dismisses Claims Brexit Tightened Jobs Market
Bank of England Governor Andrew Bailey dismissed claims by economists that Britain leaving the European Union has helped
2023-06-28 22:49
Meloni Joins Italian Colleagues in Blasting ECB Over Hikes
Italian Prime Minister Giorgia Meloni slammed the European Central Bank’s monetary policy, doubling down on criticism from her
2023-06-28 20:51
Thames Water’s Debt Woes Raise Specter of UK’s Energy Crisis
The UK is facing a potential water sector crisis as it considers a temporary takeover of Thames Water
2023-06-28 19:58
Lordstown CEO Was Ghosted by Foxconn Unit a Year Before Collapse
Lordstown Motors Corp. executive Ed Hightower flew to Taiwan from Detroit last year for meetings with leaders of
2023-06-28 18:48
Marketmind: G4 central bankers speak, chips wars rumble
A look at the day ahead in U.S. and global markets from Mike Dolan Eyeing another slew of impressive U.S.
2023-06-28 18:15
UK Considers Nationalization of Thames Water as Bonds Tumble
Britain’s biggest water supplier, Thames Water, is in talks with officials over contingency plans including a temporary nationalization
2023-06-28 17:50
Russia Latest: Putin Seeks to Downplay Mutiny Leader Prigozhin
Russian President Vladimir Putin sought to portray rebellious Wagner leader Yevgeny Prigozhin as corrupt in an effort to
2023-06-28 16:27
ECB’s Guindos Says September Rate-Hike Decision Is ‘Open’
European Central Bank Vice President Luis de Guindos said that while another interest-rate increase next month is all
2023-06-28 15:50
Oil rises on large US stock draws, but rate hike fears linger
By Mohi Narayan (Reuters) -Oil prices edged higher on Wednesday after industry data showed a larger-than-expected drawdown of U.S. inventories,
2023-06-28 14:49
Weak Yen Now Is Key to Stronger Currency and BOJ Pivot Later
Japanese policymakers and business leaders appear far more sanguine about the recent slide in the yen than they
2023-06-28 14:00