List of All Articles with Tag 'ot'

By late-1923, hyperinflation had rendered Germany’s currency so worthless that one woman used several billion marks of banknotes

Bank of Japan Governor Kazuo Ueda said price growth remains slower than the central bank’s goal, explaining why

China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports

China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports

This weekend, the Class of 2027 checks into their college dorms at US institutions, from Columbia University in New York City to the University of Wisconsin-Madison to the University of Colorado Boulder.

Federal Reserve Chair Jerome Powell signaled interest rates will stay high and could rise even further should the

President Christine Lagarde stayed out of the debate over whether the European Central Bank should lift interest rates

President Joe Biden said he was speaking to the United Auto Workers union, which is locked in contentious

Federal Reserve Bank of Chicago President Austan Goolsbee said the Fed is part of the way down the

Premier League clubs have spent a fraction under £2billion in this summer’s transfer window already – with a week of business still to go. Data released by financial services firm Deloitte showed that as of 12pm on Friday top-flight teams’ spending had reached £1.95bn. That is already higher than the total, record figure calculated by Deloitte for last summer – £1.92bn. Deloitte said spending was £500m higher this summer compared to the same point last year, suggesting the final total could be around £2.5bn. Two of this summer’s deals so far have been worth over £100m – Arsenal’s signing of Declan Rice from West Ham and Chelsea’s recruitment of Moises Caicedo from Brighton. Premier League clubs’ net spend is calculated at £825m by Deloitte, 25 per cent lower than last summer (£1.1bn), which the firm attributes to a more active global transfer market. Calum Ross, assistant director in Deloitte’s Sports Business Group, said: “For the second year in a row, the summer transfer spending by Premier League clubs has surpassed the previous record and looks set to rise above £2bn for the first time before the window closes on September 1. “This sensational level of spending appears to be the new norm for Premier League clubs. They are generating unprecedented levels of revenue, which for some clubs is combined with the receipt of significant investment from new ownership. “As we approach the end of the transfer window, it remains imperative that clubs manage the buying and selling of players carefully and remain compliant with relevant financial regulations. “Sustainable business plans are essential to support continued competitiveness and long-term growth.” Chelsea’s spending in the last three windows – since a consortium led by American businessman Todd Boehly took charge – is believed to be edging close to the £1billion mark.

The United Auto Workers union is preparing for possible strikes at the nation's three unionized automakers next month, as the union tries to win back many of the concessions it lost more than 15 years ago and protect members during the transition to electric vehicles in the years ahead.

European Central Bank Governing Council member Joachim Nagel said that he’s not convinced inflation is under control enough