Finance

Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation

Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last…

Commerzbank board member warns of significant job losses with a hostile UniCredit takeover

Two-thirds of the jobs at Commerzbank could disappear if UniCredit successfully carries out a hostile takeover of the German lender,…

China launches probe into Calvin Klein parent over Xinjiang supply chain ‘disruptions’

BEIJING — China’s Ministry of Commerce said Tuesday it was launching a probe into Calvin Klein-parent PVH Group over alleged…

China central bank releases slate of support measures amid a deepening economic slump

BEIJING — China will cut the amount of cash banks need to have on hand, known as the reserve requirement…

Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead

Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate…