European Businesses Ride Out the Omicron Wave – WSJ
As Omicron loomed over Europe in December, Graham Cook braced for yet another blow to his bowling business in London, fearing a fourth lockdown, potentially without...
Category : News En
Australia Central Bank Ends Key Pandemic Program – WSJ
The Reserve Bank of Australia will end a bond-buying program that has anchored its response to the Covid-19 pandemic, given accelerated inflation and a tight...
Fed Officials Stress Not Jamming Brakes on Economy as Hikes Loom – Bloomberg
Federal Reserve officials said they want to avoiding unnecessarily disrupting the U.S. economy as they prepare to start raising interest rates, showing little stomach for...
The labor market is upside down. Here’s what CEOs can do about it – CNN
As the managing partner for McKinsey in North America, I talk to CEOs every week, and I keep hearing the same thing across all industries...
Why companies are obsessing over worker pay – CNN
What do banks, airlines and fast food chains have in common? They’re all keeping a close eye on rising wages, which could hold the key...
US stock markets endure worst January since global financial crisis – The Financial Times
The US stock market has suffered its worst start to the year since the global financial crisis, as the threat of rising interest rates, slowing...
Quantitative tightening is no substitute for higher interest rates – The Economist
Central bankers almost everywhere are tightening monetary policy to fight inflation. Markets expect interest rates to rise by about a percentage point in America and...
Bank of England poised to raise interest rates as high inflation takes toll – The Guardian
The Bank of England is poised to raise interest rates on Thursday amid growing concern over the pressure on households from high inflation in Britain’s...
World’s largest wealth fund warns ‘permanent’ inflation will hit returns – The Financial Times
The world’s largest sovereign wealth fund has warned that investors face years of low returns as the surge in inflation becomes a permanent feature of...
Stock Market Jitters Don’t Endanger Economy Yet – WSJ
The past few weeks of stock market turmoil don’t mean the economy is about to be derailed, but rather that the recovery is maturing and no...