Stocks Traders Shun Leverage With Debt-Cap Deadline Approaching
For equity investors transfixed by a debt-ceiling standoff that risks pushing the US government into an unprecedented default,
2023-05-27 20:52
Your Saturday UK Briefing: Problems in the UK? Blame Inflation
Hello from London, where as one of our senior editors put it, a recession is fine as long
2023-05-27 20:27
Why it's so hard to pinpoint the X-date, when the US defaults
For weeks, Treasury Secretary Janet Yellen has been consistently telling lawmakers to act soon because the X-date, when the US could default, could occur as soon as June 1. Now, with June 1 days away, everyone is hoping for a reprieve and that the X-date will slip.
2023-05-27 20:25
Swedish Landlord SBB Gets Second Junk Rating as Crisis Worsens
Pressure is mounting on the landlord at the center of Sweden’s property crisis after the company’s credit rating
2023-05-27 18:26
Charting the Global Economy: German Growth Outlook Deteriorates
Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape
2023-05-27 17:23
Iceland Wage Restraint Needed to Slow Hikes, Central Banker Says
Iceland’s labor market parties must rein in wage growth to help slow interest rate hikes, according to the
2023-05-27 17:20
Ukraine Recap: Security Official Says Offensive ‘Ready to Begin’
Ukraine’s bid to retake occupied territory in the nation’s east and southeast is “ready to begin” and could
2023-05-27 15:54
Lush Wheat Fields Across Europe Are Keeping Food Costs in Check
As extreme weather wreaks havoc on crops in the Americas and North Africa, Europe’s breadbasket is thriving, with
2023-05-27 15:49
Last-Minute Green Deal Hiccups Expose EU Concerns Over Political Costs
Leaders and companies in Europe’s biggest markets are increasingly balking at the ambitious pace of the continent’s green
2023-05-27 14:19
What Milton Friedman Wrote to Otmar Issing at Creation of ECB
When Otmar Issing became chief economist of the fledgling European Central Bank a quarter of a century ago,
2023-05-27 14:15
France Just Got Another Warning Over Its Credit Rating
The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about
2023-05-27 13:49
Former BOE Hawks Say UK Interest Rates Headed to 6% Pain Level
Hawkish former Bank of England rate-setters warned that interest rates will need to soar as high as 6%
2023-05-27 13:29