Bloomberg Business

Lagarde Says Inflation Is Strong, ECB to Hike Further

European Central Bank President Christine Lagarde said inflation pressures remain powerful and borrowing costs will be raised further to tackle them — cementing expectations for another interest-rate hike at next week’s meeting.

Lina Khan Is Upending Wall Street’s Merger-Arbitrage Playbook

Lina Khan is the most aggressive trustbuster the US has had in decades. Roughly two years into her tenure, Wall Street is still learning the hard way just how far she’ll take her fight against some of America’s most powerful businesses.

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