What an unusual auction says about the art market – The Economist
Penny pinch, a Chicago street artist, likes to have fun with art-world finances. His work—from murals to paintings to tote bags made in collaboration with
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Riding the Global Debt Rollercoaster
Global debt remained above pre-pandemic levels in 2021 even after posting the steepest decline in 70 years, underscoring the challenges for policymakers. Total public and
ECB to Slow Hike Pace as It Preps Market for QT: Decision Guide – Bloomberg
The European Central Bank is poised to slow the recent pace of interest-rate increases and outline plans to shrink its almost €5 trillion ($5.3 trillion)
Bank of England set to raise interest rates again – BBC News
Interest rates are expected to be increased again by the Bank of England as the cost of living soars. The benchmark rate stands at 3%
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely – WSJ
The Federal Reserve approved an interest-rate increase of 0.5 percentage point and signaled plans to lift rates through the spring, though likely in smaller increments,
Pandemic Loans Are Coming Due but Some Businesses Aren’t Ready to Repay – WSJ
Many small businesses that received federal pandemic aid are now on the hook for repayments, and some say the timing couldn’t be worse. WrightIMC, based
Goldman Sachs weighs bonus cut of at least 40% at investment bank – The Financial Times
Goldman Sachs is considering shrinking the bonus pool for its more than 3,000 investment bankers by at least 40 per cent this year, as chief
Bitcoin has rallied. What are crypto’s true believers still smoking? – The Guardian
As fraud and conspiracy charges were laid against FTX founder Sam Bankman-Fried in the US on Tuesday, a funny thing happened to the price of
To ringfence or not to ringfence – is that the question?
UK chancellor Jeremy Hunt’s decision to revisit the bank ring-fencing regime as part of his financial regulation reform agenda – the so-called ‘Edinburgh Reforms’, lauded
UK inflation eases to 10.7% as annual rate of price increases slows – The Guardian
The UK inflation rate declined to 10.7% in November as the momentum behind the rising cost of food and energy began to ease amid growing