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
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
Trump Argues Carroll Libel Suit Fails Because of Verdict in Parallel Case
Donald Trump claims a jury finding that he wasn’t liable for raping E. Jean Carroll derails her other
2023-05-27 06:15
Bond Traders Are Starting to Eye Potential Risks Beyond the Debt Ceiling
Bond investors are beginning to look beyond the debt-ceiling quagmire even as Treasury Secretary Janet Yellen’s warnings about
2023-05-27 05:23
Yellen Sets June 5 as Default Date in US Debt-Ceiling Standoff
Treasury Secretary Janet Yellen said her department estimates it will run out of funding by June 5 if
2023-05-27 05:18
Ex-Trader Admits Tipping Friend in Second Insider Scheme Plea
A former trader at Canada’s Polar Asset Management Partners who last year confessed to front-running his firm’s trades
2023-05-27 01:52
Traders Are Duped by Bear-Market Rally, Morgan Stanley’s Wilson Says
Morgan Stanley’s chief US equity strategist isn’t convinced the stock rally is here to stay and strengthened his
2023-05-27 01:15
McCarthy Notes Progress as Debt-Limit Talks Narrow Toward Deal
House Speaker Kevin McCarthy said talks on the debt ceiling resumed Friday, with negotiations stretching into the final
2023-05-27 00:28
Fed’s Mester Says ‘Everything’ on the Table for June Rate Action
Federal Reserve Bank of Cleveland President Loretta Mester said she wouldn’t rule out raising interest rates again next
2023-05-27 00:27