The “buzz” of London’s West End is helping the shopping and theater district attract superior office occupancy to the capital’s financial center after the pandemic, according to Goldman Sachs Group Inc. analysts.
Microsoft Corp.’s chances of winning antitrust approval for its $69 billion takeover of Activision Blizzard Inc. got a boost after UK regulators narrowed the scope of their probe to focus solely on cloud gaming.
Federal Reserve Bank of St. Louis President James Bullard said that financial stability issues can be tackled via additional steps to ease bank strains, while monetary policy can keep targeting high inflation.
Deutsche Bank AG shares plunged the most in three years on Friday, suggesting that a week of soothing words from central bankers and politicians have failed to calm broad worries about the financial sector.
European Central Bank President Christine Lagarde told European Union leaders that the euro-area banking sector is strong despite the continued market turmoil, according to people familiar with the matter.
It takes guts to bid up stocks when the Federal Reserve is raising rates in the middle of a banking crisis. But what’s passing for bravery in a wild stretch for markets and the economy strikes many as willful blindness.
Orders for all durable goods declined unexpectedly in February, even as business equipment demand ticked up.
Thousands of job losses mask demand for workers to deliver the next new thing in tech
(Corrects story published on March 23 to remove data on several bonds that have or may have already been called and revises figures in story accordingly)
Norfolk Southern Corp.’s top executive was dragged before Congress a second time this week to answer for the train crash and chemical spill that forced the temporary evacuation of a small Ohio town last month.
