German Chancellor Olaf Scholz said he wants US President Joe Biden to be re-elected because the Democrat is better for America, adding that former President Donald Trump stands for a “great division” in his country which would also be bad for Germany.
(Bloomberg) — The European Central Bank still has some way to go to raise borrowing costs, which should remain high for a prolonged period to keep inflation under control, according to Governing Council member Pablo Hernandez de Cos.
When Jerome Eisenberg enrolled his daughter at the Brentwood School in Los Angeles, where Adam Levine met some of his Maroon 5 bandmates, the investment manager says he expected her to get a traditional liberal arts education.
JPMorgan Chase & Co. will gain an even bigger benefit from rising interest rates because of its purchase of First Republic Bank.
Turkish President Recep Tayyip Erdogan won the support of a nationalist rival, boosting his chances of extending his 20-year rule at Sunday’s runoff and deepening a selloff in Turkish assets as investors bet on a continuation of his unorthodox economic policies.
A consortium led by Partners Group is exploring a sale or initial public offering of Germany’s Techem GmbH, in a deal that could value the metering firm at as much as €8 billion ($8.6 billion) including debt, people familiar with the matter said.
New Zealand’s central bank is poised to raise interest rates for a 12th straight meeting and may signal it’s not done yet as surging immigration and looser fiscal policy counter its efforts to curb demand.
Spain’s football league has long attempted to promote its image by tightly controlling what can be broadcast. One star has had enough of this sanitized version of the competition though.
President Joe Biden and Republican House Speaker Kevin McCarthy will meet at 5:30 pm Monday at the White House for talks on averting a catastrophic US default as time runs short and key differences remain.
(Bloomberg) — Federal Reserve Bank of Atlanta President Raphael Bostic is still in the camp who would like to hold interest rates steady next month while his Richmond colleague Thomas Barkin prefers to keep his options open.
