The Fed is secretly stress testing the US economy against nightmare scenarios
Federal Reserve Chair Jerome Powell seemed uncharacteristically relaxed yesterday at the European Central Bank conference in Portugal. The Fed head shed his reading glasses and wore his shirt collar open with no tie as he cracked jokes alongside a panel of his central banking contemporaries.
2023-06-29 19:57
Ukraine Recap: Intense Frontline Fighting; EU Plans More Support
Ukrainian reported advances with forces continuing to engage in intense fighting along the frontline, as European Union leaders
2023-06-29 19:18
The State of World Energy Explained in 4 Charts
Every year for nearly seven decades, oil major BP Plc published its Statistical Review of World Energy, tallying
2023-06-29 18:56
China Regulators Step Up Yuan Surveys as Currency Slump Worsens
China’s regulators are stepping up scrutiny of currency trading and cross-border capital flows, according to people familiar with
2023-06-29 18:24
Crispin Odey’s £561 Million Fortune Mostly Trapped Out of Reach
Crispin Odey, on paper, is a multi millionaire — commanding a vast wealth built over decades that’s unlikely
2023-06-29 17:59
Euro-Zone Inflation Expectations Gauge Slumps to Seven-Year Low
Euro-zone consumers’ inflation expectations dropped to the lowest since 2016 in a gauge compiled by the European Commission,
2023-06-29 17:51
UK Presses Investment Platforms Over Odey Fund Retail Access
The UK’s Financial Conduct Authority is quizzing investment platforms, including Hargreaves Lansdown Plc, over their decision to allow
2023-06-29 17:23
Zambia Inflation Slows Even Before Currency Rally Registers
Zambia’s inflation rate fell to a four-month low in June on food prices, and is set to decline
2023-06-29 17:17
Rouble hits 15-month low past 87 vs dollar on political risk concerns
The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic
2023-06-29 16:54
Riksbank Extends Tightening as Krona Weakness Fuels Prices
Sweden’s Riksbank raised borrowing costs and pledged accelerated bond sales, a response to stubborn inflation and a weak
2023-06-29 16:52
Casino’s Stock Tumbles as Grocer Warns of Shareholder Wipeout
Casino Guichard Perrachon SA‘s stock fell to a record low after it warned its shareholders will be “massively
2023-06-29 16:23
Wind Turbines That Shake and Break Cost Their Maker Billions
Wind turbines make money when they spin. But when they shake, it can cost billions. Siemens Energy AG
2023-06-29 16:18