Wall Street slides with bond yields as recession worries flare
[ad_1] Bank of England expects recession throughout 2023 Treasury yield curve inversion deepens Dollar follows U.S. yields lower; sterling slides Oil resumes decline as demand...
Indian shares extend gains as IT stocks advance
[ad_1] People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to...
ECB risks forgetting 1990s currency crisis lessons
ECB President Christine Lagarde addresses a news conference in Frankfurt, Germany, March 10, 2022. Daniel Roland/Pool via REUTERS Register now for FREE unlimited access to...
Ten years on, Italy faces debt crisis Draghi may not solve
Draghi resigns but head of state asks him to stay Investors question Italy’s debt sustainability Core issue is lack of economic growth FRANKFURT/ROME, July 15...
Wall Street banks worry about economic storms ahead
Images and market data is displayed on digital display signs on the exterior of the headquarters of Morgan Stanley at 1585 Broadway in New York’s...
Sri Lanka hikes rates in face of record inflation, despite economic contraction
People walk past the main entrance of the Sri Lanka’s Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte Register now for FREE...
Ex-JPMorgan traders ‘ripped off’ metals market, prosecutor says at trial
July 8 (Reuters) – Three former JPMorgan Chase & Co (JPM.N) employees worked together to scam other traders in the precious metals futures market, a...
Central banks double down in fight against ‘galloping’ inflation
LONDON, June 9 (Reuters) – Major central banks are racing to ditch post-pandemic stimulus and picking up the pace of interest rate hikes to get...
U.S. household wealth drops for first time in 2 years
June 9 (Reuters) – U.S. household wealth declined for the first time in two years in the first quarter of 2022 as a drop in...
Russian central bank slashes key rate, sees room to cut further
A Russian state flag flies over the Central Bank headquarters in Moscow, Russia March 29, 2021. REUTERS/Maxim Shemetov/File Photo Register now for FREE unlimited access...