U.S. Economy Grew 2.6% in Third Quarter, GDP Report Shows – WSJ
The U.S. economy grew in the third quarter but showed signs of a broad slowdown as consumer and business spending faltered under high inflation and...
Author : Nelli Avetisyan
France, Spain Slow as Europe Frets Over Recession: GDP Update – Bloomberg
The French and Spanish economies slowed but remained resilient in the face of fears that Europe is on the verge of a recession sparked by...
ECB raises rates by 75 basis points as markets detect ‘dovish pivot’ – The Financial Times
The European Central Bank has raised interest rates by 0.75 percentage points to their highest level since 2009, pledging to continue increasing borrowing costs in...
Bank of England left in the dark ahead of new interest rate decision – The Guardian
The Bank of England will next week consider how much to raise interest rates without having received any guidance from the government about its tax...
The surprising maturity of the crypto-rave crowd – The Economist
What springs to mind when you hear the words “crypto rave in Colombia”? Perhaps an image of sweaty programmers swaying out of sync to thumping...
Musk starts his Twitter ownership with firings, declares the ‘bird is freed’ – Reuters
Elon Musk became Twitter Inc’s (TWTR.N) owner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he...
Gloomy outlook for financial services in 2023
While traditional financial services players will face a difficult environment in 2023 due to weakening economic output and rising interest rates, new challengers will have...
ECB to Double Rates to Highest in Over a Decade: Decision Guide – Bloomberg
The European Central Bank is set to look past intensifying recession fears by lifting its main interest rate to the highest in more than a...
What’s the Inflation Rate? It’s a Surprisingly Hard Question to Answer – WSJ
What is the true rate of inflation? It is a critical question for the economy and financial markets, but a surprisingly difficult one to answer....
Deceptive fund name crackdown puts investment managers on edge – The Financial Times
Investment managers are up in arms about US plans to revamp the rules around fund names, saying they will discourage stockpicking and other active management...