UK factory output rebounds after increase in demand – The Guardian
Factory output grew this month at the fastest rate since December 2018 to record the first large increase in UK manufacturing production in almost two...
Author : Nelli Avetisyan
Fed to Publish Paper on Digital Currency This Summer – WSJ
The Federal Reserve said Thursday it plans to publish a discussion paper on the potential benefits and risks of issuing a U.S. digital currency, as...
US Backs Global Minimum Tax of at Least 15% to Curb Profit Shifting Overseas – The New York Times
The Biden administration wants other countries to back a minimum tax as part of its plan to raise the US corporate tax rate to 28...
Turn green or lose ‘licence to operate’, says Deutsche Bank chief – The Financial Times
Deutsche Bank chief executive Christian Sewing has warned that lenders “risk losing their licence to operate” if they fail to make green finance a priority,...
Australian Employment Dropped in April as Wage Subsidy Ended – Bloomberg
Australian employers cut jobs in April, coinciding with the first full month after the government’s JobKeeper wage subsidy concluded, while the unemployment rate also declined...
How to gauge investors’ fear of inflation – The Economist
What do investors fear most? In the Bank of America’s long-running survey of fund managers, the tail risk that has mostly preoccupied them until recently...
Whistleblowers’ hotline to the FCA – The Banker
Deciding to expose serious misconduct within a financial services firm is a tough decision for any individual, as it could impact career prospects and future...
Fed Signals Eventual Shift From Easy-Money Pandemic Policies – WSJ
The Federal Reserve has begun to telegraph an eventual shift away from the easy-money policies implemented during the pandemic as evidence builds of a robust...
Corporations scramble to interpret signs of overheating US economy – The Financial Times
The speed of the US rebound from the Covid-19 crisis has left executives, investors and economists scrambling to interpret whether labour shortages and rising prices...
As bitcoin lurches, Wall Street plots its way into cryptoland – The Economist
Crypto buffs have had a punishing week. On May 13th Tether, which issues a “stablecoin” widely used to facilitate bitcoin trading, said that just 2.9%...