Changing supervision for good
On the heels of a taxpayer-financed rescue of the industry following the financial crisis, outrage in the UK at banking sector misconduct led to the
Home
Page 361
Why the Fed Isn’t Ready to Declare Victory on Inflation – WSJ
Uncertainty over the path of inflation later this summer makes it hard to predict the Federal Reserve’s next steps following a likely quarter-percentage point increase
Pound on worst run since March 2020 as weak economy curbs interest rate rises – The Guardian
The pound has suffered its longest stretch of daily falls since the start of the Covid-19 pandemic amid growing speculation in the currency markets that
US Manufacturing’s Missing Ingredient: Women – Bloomberg
The US is undergoing a manufacturing renaissance as billions of dollars are invested in new factories. In fact, only last week the White House boasted
Companies See “Sticky” Inflation in July in Services, as they Pass on Surging Input Costs, Including Higher Wages – Wolf Street
The message about “sticky” inflation in services, as seen from the companies’ point of view, was the most interesting element in the S&P Global Flash
Why Walmart is trouncing Amazon in the grocery wars – The Economist
When Amazon announced the $13.7bn acquisition of Whole Foods Market in 2017, it followed some oddball attempts to strengthen its grocery business, some conceived by
Elon Musk has officially killed Twitter. The zombie platform lives on as X, a disfigured shell of its former self – CNN
Bye bye, birdie. Twitter, the text-based social media platform that played an outsized role on society by serving as a digital town square, was killed
Emerging Market Economies Bear the Brunt of a Stronger Dollar
The US dollar’s strengthening last year to a 20-year high had major implications for the global economy. We examine these spillovers from the currency’s appreciation
PODCAST: Signs of a UK inflation cool-down
A crackdown on password sharing helped Netflix add nearly 6mn subscribers, UK inflation fell to a 15-month low of 7.9 per cent in June, Ukraine’s
One Year After Liftoff, ECB Grapples With Endgame for Rate Hikes – Bloomberg
A year after the European Central Bank began lifting interest rates, officials are thrashing out the final stages of what’s already their toughest-ever campaign of hiking.