Biden’s ‘billionaire tax’ takes aim at the super-rich — but can a wealth tax work in reality?
Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said…
This week provided a reminder that inflation isn’t going away anytime soon
From consumer and wholesale prices to longer-term public expectations, reports this week served up multiple reminders this week that inflation…
HSBC is ‘very positive’ about the future of China’s economy, CFO says
HSBC is “very positive” about the mid- to long-term outlook for the Chinese economy despite current headwinds, the British bank’s…
Wholesale inflation rose 0.6% in February, much more than expected
Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S.…
European Central Bank chief economist: Must ‘take our time’ on rate cuts, clearer picture due in June
The European Central Bank must take its time to get interest rate cuts right and will have a clearer picture…
