Hawkish message from Cleveland Fed President Mester
Daily NewsFed officials continue to make statements on the path of monetary policy. Cleveland Fed President Loretta Mester said the Fed should raise interest rates and keep...
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Fed officials continue to make statements on the path of monetary policy. Cleveland Fed President Loretta Mester said the Fed should raise interest rates and keep...
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Estée Lauder is buying Tom Ford in a deal valued at about $2.8 billion. Estée Lauder is buying Tom Ford in what executives said Tuesday would be its biggest acqui...
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Swiss National Bank (SNB) Board Member Andrea Maechler said the bank will do everything to bring inflation down. Strong messages about the fight against inflation...
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According to UBS, Chinese banks face $200 billion in losses in real estate crisis The UBS Group estimated in a report published today that the crisis in China’s r...
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Meeting with representatives of the Japanese business community including Nikon, Fujitsu, Hitachi High-Tech and Tokyo Electron in Tokyo, US Vice President Kamala ...
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Apple is preparing to source chips for its devices from a factory under construction in Arizona in the United States, Bloomberg News reported on Tuesday. The repo...
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The World Bank has approved a $512 million loan to Turkey to increase financing for the retrofitting of housing and infrastructure against earthquakes and floods....
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Atlanta Fed President Raphael Bostic said he sees little evidence that the Fed’s sharp tightening of monetary policy is slowing inflation. While Fed officials ack...
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US Secretary of State Antony Blinken said that the leaks in the Nord Stream pipeline were being investigated and that initial reports suggested they may have been...
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Rishi Sunak is due to hold a surprise meeting with Xi Jinping at the G20 summit of world leaders in Indonesia on Wednesday to try to build a new, frank and constr...
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The European Bank for Reconstruction and Development (EBRD) has raised its 2022 growth forecast for Turkey from 2 percent to 4.5 percent. The bank noted in its as...
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Former US President Donald Trump has declared his candidacy for the 2024 presidential elections. Former US President Donald Trump has officially announced his can...
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British Finance Minister Kwasi Kwarteng is set to meet with Wall Street bankers today. Minister Kwarteng met with bankers, insurers and asset managers in the Lond...
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The ambassadors of NATO member countries will discuss the missile landing in Poland at the North Atlantic Council meeting. The NATO Spokesperson announced that th...
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San Francisco Fed President Mary Daly said the Fed is "determined" to bring down high inflation, but does not want to put the economy in a difficult position or i...
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Although US fund managers cannot reach a consensus on the possibility of a recession, according to JPMorgan modeling, the S&P 500 index indicates a 92 percent pro...
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BMW has chosen Alexa as its next-generation voice assistant. The first vehicles with BMW’s next-generation voice assistant will be released over the next two year...
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Elon Musk announced that the electric pickup Cybertruck can navigate water like a boat. The electric pickup model Cybertruck, announced by electric automotive gia...
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The Bank of Japan (BOJ) has increased the amount of regular bond purchases amid rising bond yields due to volatility in global markets. The bank is expected to in...
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Oil is posting a negative quarterly performance for the first time since 2020 as macro indicators are shaken. Oil lost ground as concerns over a global economic s...
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Former US Treasury Secretary Larry Summers stated that a level of anxiety similar to August 2007, when the first signs of the collapse in the US housing market we...
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