For most of the past two decades, bankers have been waiting for a merger-and-acquisition recovery in their own industry. Their hopes have been dashed by,
Private-sector activity in the euro area grew less than anticipated in December as Germany’s industrial sector unexpectedly deteriorated.The Composite Purchasing Managers’ Index compiled by S&P
Federal Reserve Bank of New York President John Williams said monetary policy is well positioned for next year following last week’s interest-rate reduction, amid increased
Core banking systems were built for a world centred around high-street branches and statements by snail mail – one that no longer serves today’s customers.
Hedge funds and trading firms are piling into physical commodities markets in search of new sources of returns, despite lacking the decades of experience and
A prolonged period of elevated long-term bond yields is ramping up borrowing costs around the world. That’s because investors are demanding extra compensation for holding
In America, as markets surge despite fears of an artificial-intelligence bubble, one fact looms large: stocks are very expensive. That is true not just for
The government shutdown put the jobs report behind schedule. This week’s release will bring data on October and November, though some information will be missing.