Stock markets are ignoring a ‘laundry list’ of risks, strategist says
Stock markets are ignoring a “laundry list” of potential risks in their recent bull run, and a big downturn could…
Why wealthy Americans love UBS, the secretive Swiss banking giant
With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS…
Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut
The market has long been pricing in interest rate cuts from major central banks toward the end of 2023, but…
ECB’s de Guindos warns financial markets are vulnerable to a sharp sell-off
Financial markets could face a sharp downturn in the event of any further shocks to the global economy, European Central…
Former Fed Chair Ben Bernanke says there’s more work ahead to control inflation
WASHINGTON — Former Federal Reserve Chair Ben Bernanke, who guided the central bank and the U.S. economy through the Great…
Covid caused huge shortages in the jobs market. It may be easing — but there’s another problem ahead
Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend…
Bank of England set for 12th straight interest rate hike, but the outlook remains murky
LONDON — The Bank of England is expected to hike interest rates for the 12th consecutive meeting on Thursday as…
Watch: ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 9:45 a.m. ET. Please refresh the page if you do not see a…
Here’s what to expect from today’s Federal Reserve announcement
There won’t be a lot of mystery surrounding what the Federal Reserve is going to do Wednesday with interest rates.…
After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation
After the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of…
