Some Investors Bet Fed Could Lift Rates to Two-Decade High – WSJ
Investors are bracing for the possibility that a second year of stubborn inflation could force the Federal Reserve to bring interest rates higher than they...
Author : Nelli Avetisyan
UK lags developed nations on post-Covid employment recovery – The Financial Times
The UK is set to be the only country in the developed world with employment still below its pre-pandemic level at the start of 2023,...
US Inflation to Cool Only Slightly, Keeping Big Fed Hike in Play – Bloomberg
US inflation probably moderated just slightly in October data due Thursday, and yet another above-forecast reading may dash expectations for the Federal Reserve to downshift...
The spectacular fall of FTX and Sam Bankman-Fried – The Economist
Last week Sam Bankman-Fried was the most important person in crypto. The floppy-haired 30-year-old former billionaire, who goes by “SBF”, is the founder of FTX,...
Meta cuts 11,000 staff in largest cull in company’s history – The Financial Times
Meta has laid off more than 11,000 employees, reducing its headcount by about 13 per cent, in the most dramatic cull in its history as...
Why the ‘S’ in ESG is starting to matter (again)
The modern Environmental, Social and Governance (ESG) movement began few decades ago with socially responsible investing, as asset managers reduced exposure to questionable areas, such...
Bank of England will raise interest rates again, says chief economist – The Guardian
The Bank of England is preparing to further raise interest rates over concerns that inflation could become embedded in the British economy, despite the growing...
Eurozone wage growth accelerating, job ads show – The Financial Times
Pay growth is accelerating across six leading eurozone economies including Germany and France, according to a new wage tracker based on real-time data from online...
Crypto World Is Rocked as World’s Largest Exchange Rescue Rival – The New York Times
The cryptocurrency world was rocked on Tuesday as one of the largest exchanges for digital currencies, seemingly on the verge of collapse, was bailed out...
Elon Musk sold nearly $4 billion worth of Tesla stock since Twitter deal closed – CNN
Elon Musk sold $3.95 billion worth of Tesla stock since completing his purchase of Twitter late last month. Musk’s Tesla stock sales, totaling 19.5 million...