Inflation slowed to a 3.1% annual rate in November
Prices across a broad range of goods and services edged higher in November but were mostly in line with expectations,…
Yemen’s Houthi attacks Norwegian tanker after threat to target any Israel-bound ships
Yemen’s Houthi militants on Tuesday claimed an attack against a Norwegian tanker, days after the group pledged to target Israel-bound…
Michael Milken says the Fed won’t move too early and risk massive inflation like the 1970s
Famed investor Michael Milken expects the Federal Reserve will move slowly on monetary policy — if history is any guide.…
Warren Buffett’s Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%
Warren Buffett’s conglomerate Berkshire Hathaway has reduced its stake in HP to 5.2%, according to a regulatory filing released Monday night. The conglomerate previously…
Spanish economist picked to lead the EU’s massive lending unit lays out her priorities
The incoming head of one of the world’s largest development banks says it must become faster and more efficient in order…
‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says
Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund…
SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection
British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6…
