America’s Federal Reserve could soon be flying blind – The Economist
One of the most anodyne phrases a central banker can utter is that they are “data-dependent”. It is a sophisticated way of saying that they...
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Can Europe’s power grid cope with the green transition? – The Economist
“More energiewende, more business for us,” says Leonhard Birnbaum, chief executive of e.on, a German power-grid operator that enjoys a near monopoly in Europe’s biggest...
Another Worrisome Inflation Indicator: Surging Mining Costs – WSJ
Higher expenses threaten to increase prices for consumers and complicate central banks’ inflation fight. Two years ago, Liontown Resources LTR -1.34%decrease; red down pointing triangle...
UK economic growth revised up, but pound on track for worst month in a year – CNN
The Commerce Department’s final revision of second-quarter gross domestic product, the broadest measure of economic output, showed that economic growth was unchanged from the second...
Why fear is spreading in financial markets – The Economist
According to T. S. Eliot, April is the cruellest month. Shareholders would disagree. For them, it is September. The rest of the year stocks tend...
UK regulator to launch review of private market valuations – The Financial Times
The UK’s top financial regulator is preparing to launch a sweeping review of valuations in private markets, according to people familiar with its plans, amid...
Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets – The Guardian
Banks including some of Europe’s largest lenders have helped fossil fuel companies to raise more than €1tn (£869bn) from the global bond markets since the...
How Much Savings Do Americans Have Left, Anyway? – WSJ
Everybody knows that U.S. households’ savings soared after the pandemic struck, as the combined effects of checks from the government and fewer opportunities to spend...
Fed’s ‘higher for longer’ message hits US stocks and bonds – The Financial Times
US stocks and government bonds are on course for their worst month of the year as investors respond to the Federal Reserve’s message that interest...
Meta announces new Quest 3 VR headset as Apple competition looms – CNBC
Meta announced Quest 3, a sequel to the bestselling VR headset of all time, on Wednesday. The device, starting at $499, is more expensive than...