ECB Is Set to Deepen Global Easing With Rate Cut It Didn’t Expect – Bloomberg
The European Central Bank will probably advance the global push for monetary easing in the coming week with an interest-rate cut that policymakers had all...
Author : Nelli Avetisyan
U.S. Consumer Confidence Declines Unexpectedly as Election Nears – WSJ
U.S. consumer confidence declined less than a month before the presidential election, an unexpected downturn after two months of gains.The University of Michigan’s index of...
Europe Is Almost Out of Time to Defend Its Place in a Brutal World – Bloomberg
The European project is approaching a tipping point. A combination of political paralysis, external threats and economic malaise is threatening to end the European Union’s...
U.S. Producers’ Selling Prices Held Flat in September – WSJ
Producers’ selling prices stayed flat in September, more evidence of cooling U.S. inflation. The producer-price index was unchanged last month compared with August, versus the...
Boeing to lay off roughly 10% of its workforce – CNN
The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff “over the coming months.” “Our business...
Inflation Continues Its Bumpy Decline With Mixed September Reading – WSJ
U.S. inflation eased to a new three-year low but is cooling more slowly than expected, new data showed. The consumer-price index rose 2.4% from a...
WTO Raises Forecast for Trade Rebound as Interest Rates Fall – WSJ
World trade is set to rebound this year at a slightly faster pace than previously forecast as central banks lower their key interest rates, the...
Big tech is bringing nuclear power back to life – The Banker
“Nuclear nightmare”, screamed the headline in Time magazine on April 9th 1979. One of the two reactors at a nuclear-power plant at Three Mile Island...
Recession fears are fading. Now it’s time for America’s companies to back that up – CNN
Hopes for avoiding a recession are growing on Wall Street. Now, investors are looking for the coming earnings season to support that optimism. Companies in...
Slash and burn: is private equity out of control? – The Guardian
Whenever I ponder the enormity of the multitrillion-dollar industry known as private equity, I picture the lavish parties thrown by Stephen Schwarzman – and then...