More Work is Needed to Make Big Banks Resolvable
Almost a year ago, Credit Suisse, a globally systemic bank with $540 billion in assets and the second-largest Swiss lender, founded in 1856, failed and
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PODCAST: Poverty’s Hidden Dimensions
Countless resources and billions of dollars have been directed at poverty alleviation over the decades and yet almost 10 percent of the world’s population is
Federal Reserve holds key interest rate at more than 5% as inflation battle drags on – NBC News
The Federal Reserve held its key federal funds interest rate at about 5.5% for March as it continues to fight persistent inflation in the economy.
Lagarde Says ECB Can’t Commit to Cuts After Likely June Move – Bloomberg
The European Central Bank can’t commit to further reductions in borrowing costs after a likely first move in June, according to President Christine Lagarde. In
Gold prices have been hitting record highs — here’s why the rally is far from over – CNBC
The rally in gold continues with prices hitting an all-time high on Thursday — and there’s room for it to rise more as central banks
Reddit Prices IPO at Top of Range – WSJ
Reddit priced its initial public offering at the high end of its targeted range, a sign that investor enthusiasm could be returning for new issues.
The Global Effort to Make an American Microchip – New York Times
Semiconductors are vital to the modern economy, powering everything from video games and cars to supercomputers and weapons systems. The Biden administration is investing $39
Neuralink shares video of patient playing chess using signals from brain implant – CNBC
Elon Musk’s startup Neuralink streamed a live video on Wednesday that showed a patient using the company’s brain implant to move a mouse and play
EXPLORING THE RATIONALE BEHIND GLASS-STEAGAL
Readers, who have basic knowledge of the U.S. financial system history, have certainly heard about the famous “Glass-Steagall” Act, which was one of the measures
Investors bet on European consumer stocks as economic confidence grows – The Financial Times
Investors are buying up European travel, retail and luxury goods shares, betting that a rebound in the region’s economy will tempt consumers to spend on