Bloomberg Business

The United Auto Workers has confirmed that Shawn Fain will be sworn in as president on Sunday, taking over as the union prepares for contract talks with Detroit automakers later this year.

Traders expecting Australia’s central bank to stop raising interest rates next month, and then cut from July, may end up being disappointed.

Vladimir Putin said Russia is preparing to station tactical nuclear weapons in Belarus, escalating a confrontation with the US and its allies.

Federal Reserve Bank of Minneapolis President Neel Kashkari said recent bank turmoil has increased the risk of a US recession but that it was too soon to judge what it means for the economy and monetary policy.

Kyiv demanded an extraordinary meeting of the UN Security Council in its first official response to Vladimir Putin’s announcement that Russia will station tactical nuclear weapons in Belarus.

A contentious plan to reduce the power of Israel’s Supreme Court appeared on track for passage this week despite a dramatic speech Saturday night by Defense Minister Yoav Gallant calling for a freeze to the overhaul in the name of national security.

Leaving the European Union had an impact on the UK economy equivalent to the coronavirus pandemic and likely reduced output by 4%, the chairman of the Office for Budget Responsibility told the BBC.

The Federal Reserve’s preferred measure of underlying price pressures probably remained elevated in February, keeping officials in a precarious spot as they seek to balance inflation-fighting resolve and stress on the banking system.

Former Argentine President Mauricio Macri ruled out becoming a candidate in this year’s election, clearing the way for a primary race between leaders within his coalition.

European Central Bank Vice President Luis de Guindos said the banking sector is “going through a period of very high uncertainty” that dictates a meeting-by meeting approach on interest rate policy with no pre-commitment to a specific action.