Rishi Sunak Becomes U.K. Prime Minister Amid Economic, Political Crisis – WSJ
Rishi Sunak, a former hedge-fund manager and U.K. Treasury chief, formally became Britain’s prime minister on Tuesday after he was appointed by King Charles III,...
Category : News En
Big Oil’s Surprisingly Bright Future. The Case for BP and Exxon – BARRON’S
Just two years ago, the world’s giant oil producers seemed to be going the way of the typewriter industry. No one wanted oil—the price of...
Why Natural Gas Prices in Europe Are Suddenly Plunging – The New York Times
A combination of full storage, lower demand and mild weather, among other factors, has eased concerns of a spike in heating and power prices —...
Google and Microsoft hit by advertising slowdown – BBC News
Sales at the tech giants Alphabet and Microsoft have slowed sharply, adding to fears of a downturn in the economy. Alphabet, which owns Google and...
Fed Is Losing Billions, Wiping Out Profits That Funded Spending – Bloomberg
Profits and losses aren’t usually thought of as a consideration for central banks, but rapidly mounting red ink at the Federal Reserve and many peers...
Global Economic Growth Is Weighed Down by Inflation, Rising Interest Rates – WSJ
Fresh economic data pointed to a slowdown in U.S. and global growth, as higher prices and interest rates weigh on consumer demand, Europe enters a...
How this Midwest bank is doing much better than Wall Street giants – CNN
Banks are in a bind. Rising interest rates should be good news for financial firms because they boost profitability for loans. But banking giants like...
Why investors aren’t going green – CNN
ESG investing — evaluating companies using environmental, social and governance factors — was one of the most-cited phrases in earnings calls during the first half...
U.S. economy likely grew a lot last quarter. Most people didn’t notice – The Washington Post
The U.S. economy is expected to have grown robustly in a sharp rebound from the first half of the year, but most Americans are unlikely...
ECB Preps Another Big Hike as Focus Shifts to Where It Will Stop – Bloomberg
The European Central Bank is priming another hefty hike in interest rates this week as the attention increasingly switches to how high it will eventually...