Switch to gold standard could stabilise prices – Philadelphia Fed research
Long-run price stability could be a key feature of the gold standard, researchers with the Federal Reserve Bank of Philadelphia find. In their working paper,...
Global markets and US futures slide as Fitch downgrades US debt rating
Hong Kong/London CNN — Global stock markets fell Wednesday after ratings agency Fitch downgraded its US credit rating, citing “a steady deterioration in standards of...
Global markets plunge after US bank stocks sell off
London/Hong Kong CNN — Markets in Europe and Asia tumbled Friday following a sharp selloff in banking stocks in the United States as a major...
Yellen warns of ‘global financial crisis’ if US debt limit agreement isn’t reached
CNN — Treasury Secretary Janet Yellen on Friday warned of the widespread global effects that could be felt if the federal government exhausts extraordinary measures...
Premarket stocks: The world has a major debt problem. Is a reset coming?
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There’s a 98% chance of a global recession, research firm warns
New York CNN Business — Warning lights are flashing in the global economy as high inflation, drastic rate hikes and the war in Ukraine take...
Inflation is a global problem, here’s how central banks are addressing it
New York CNN Business — Just like misery, inflation loves company. And as price increases linger near 40-year highs, the United States has plenty of...
Premarket stocks: The stock market sell-off could be just getting started
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen...