An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/ Jonathan Ernst | Reuters The Federal Reserve and the European Central Bank look poised to make “major progress” in cutting interest rates this year, according to the central bank of central banks. Agustín Carstens, general manager of the Bank … Read more
Here are the most important news items that investors need to start their trading day: 1. Fretting over the Fed Stocks are limping into Monday. The three major U.S. averages have all posted at least two straight losing weeks. Last week, higher-than-expected inflation readings fueled investor concerns that the Federal Reserve may wait longer than … Read more
Boeing 787 Dreamliner Saudi Arabian. Aircraft to Fiumicino Leonardo da Vinci Airport. Fiumicino (Italia), Nov. 11, 2021 Massimo Insabato/Archivio Massimo Insabato/Mondadori Portfolio via Getty Images Saudi Arabia’s behemoth sovereign wealth fund is in talks to buy the kingdom’s national airline Saudia, Bloomberg reported over the weekend, citing people familiar with the matter. The reported move … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York. Bloomberg | Bloomberg | Getty Images Four of investors’ top five favorite destinations are in Europe, according to the Milken Institute’s Global Opportunity Index (GOI) report. Denmark topped this year’s rankings, scoring first on business perception, a measure of the … Read more
Conservative leader Pierre Poilievre has shot back at B.C. Premier David Eby’s comment that his plea to halt a federal carbon price increase is a “baloney factory” campaign tactic. Poilievre told The Roy Green Show on Saturday that Eby’s “constituents can’t even afford to buy baloney after eight years of him, and the NDP and … Read more
As the climate crisis continues to pose a global threat, top economists are debating its effect on the U.S. economy. Mark Zandi, chief economist at Moody’s Analytics, projects “physical risks” will be the biggest economic cost over the next 10 to 20 years. These are damages caused by natural disasters, which are now occurring at … Read more
A tanker truck sits near a Parker Drilling Co. oil rig in Prudhoe Bay, Alaska, U.S., on Wednesday, Feb. 15, 2017. Four decades after the Trans Alaska Pipeline System went live, transforming the North Slope into a modern-day Klondike, many Alaskans fear the best days have passed. Photographer: Daniel Acker | Bloomberg | Getty Images … Read more
Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s wild price swings have come down substantially over the past decade. “What’s driving the bitcoin market right now is a simple demand-supply imbalance,” the firm’s chief investment officer told CNBC’s “ETF Edge” on Monday. “We … Read more
Six veggies, five fruits, four proteins, three starches, two sauces and one fun thing — if that’s your grocery shopping list this week, you are probably a fan of Will Coleman, a New York City-based chef, TV personality and social media content creator. Coleman says his “6 to 1” method — which went viral on … Read more
A picture taken on August 14, 2018 shows the logo of Turkey’s Central Bank at the entrance of its headquarters in Ankara, Turkey. ADEM ALTAN | AFP | Getty Images Turkey’s central bank is opting for a different monetary tightening method as it grapples with climbing inflation, after previously signaling that its rate-hiking cycle was … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/24684341/FYZDF2qUsAARFTi.jpg "Trailers of the week: Thunderbolts, Rumors, and Disclaimer")
