Economy

‘Nationalizing bond markets’ left central banks unprepared for inflation, top HSBC economist says

The prolonged period of loose monetary policy after the global financial crisis equated to central banks “nationalizing bond markets,” and…

Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more

Check out the companies making headlines in midday trading. Bed Bath & Beyond – Shares of the home goods retailer…

Jobless claims edge up to 198,000, higher than expected

Initial filings for unemployment insurance ticked higher last week but remained generally low in a tight labor market. Jobless claims…

Stocks making the biggest premarket moves: RH, Charles Schwab, Walmart and more

Check out the companies making the biggest moves in premarket trading: RH — The high-end furniture chain dropped 6.2% after…

‘It’s not a pretty picture’: Russia’s support is growing in the developing world

Russia’s sphere of influence is growing as propaganda and diplomatic efforts gather momentum and Western powers fail to counter the…

Stocks making the biggest moves midday: Lululemon, Micron, Carnival, Foot Locker & more

Check out the companies making headlines in midday trading Wednesday. Lululemon – Shares of the athleticwear company soared more than 13%…

House lawmakers tear into top bank regulators in second hearing this week on SVB collapse

House lawmakers tore into top U.S. bank regulators Wednesday, questioning their competency and saying examiners were asleep at the wheel,…

Credit Suisse whistleblowers say Swiss bank has been helping wealthy Americans dodge U.S. taxes for years

Credit Suisse, the collapsed Swiss bank taken over by UBS Group in a hastily arranged bailout earlier this month, may…

BlackRock warns that investors are making a mistake by betting on the Fed to cut rates

Investors are too confident the Federal Reserve will cut interest rates this year and could pay the price later, according…