What went wrong with Snap, Netflix and Uber? – The Economist
When evan spiegel, boss of Snap, wrote in a leaked memo that the social-media company had been “punched in the face hard by 2022’s new...
Author : Nelli Avetisyan
Bank of England Sold Bonds Outright Today to Speed up QT, Will Sell More at Regular Auctions: First Major Central Bank to Sell Bonds Outright – Wolf Street
The Bank of England today, as part of its quantitative tightening (QT), sold £750 million in UK government bonds (gilts) at auction. These bonds were...
Cyber-attacks on small firms: The US economy’s ‘Achilles heel’? – BBC News
When Elana Graham started selling cyber-security software to small companies five years ago, business was relatively slow. Now demand is booming, driven by a rapid...
Banks prepare to hold $12.7bn Twitter debt on books until early 2023 – The Financial Times
Banks that lent $12.7bn to Elon Musk for his $44bn Twitter takeover are preparing to hold the debt until early next year as they wait...
How will we remember the age of cheap money?
After the end of every era, a handful of images tend to linger in the mind. For me, the period of financial exuberance that came...
Lagarde Says ECB’s Rate Peak Must Ensure Inflation Returns to 2% – Bloomberg
European Central Bank President Christine Lagarde said the peak of the current cycle of interest-rate increases must ensure that inflation returns to the 2% target...
Higher Interest Rates Fuel Losses at the Federal Reserve – WSJ
The Federal Reserve’s aggressive interest-rate rises to fight inflation are leading the central bank to do something it has never consistently done before: lose money....
Inflation in Europe Reaches a Record 10.7% as Officials Face Hard Options – The New York Times
A startling new jump in consumer prices in Europe signals that inflation has more stubbornly burrowed its way across the continent despite slowing growth, complicating...
Europe’s energy crisis is very far from over – The Economist
In mid-october, off the Spanish coast, a number of slow-moving metallic domes emerged on the skyline. They were tankers, pregnant with superchilled liquefied natural gas...
A spooky forecast for the future of interest rates – CNN
When will central banks stop raising interest rates? That’s the multi-trillion dollar question that has Wall Street analysts wearing wrist braces from shaking their Magic...