Increases in the price of core goods and services in France are expected to accelerate in the next three months, heaping more pressure on the government and the European Central Bank as they gauge how to rein in record inflation.
The Federal Reserve’s cornerstone method for determining whether US banks can survive an economic crisis has for years had a glaring oversight: Regulators haven’t tested a scenario that resembles the economy of 2023, and the financial conditions that precipitated the downfall of Silicon Valley Bank, in nearly a decade.
(Bloomberg) — The European Central Bank should either delay or pare back this week’s planned interest-rate increase to avoid a policy error reminiscent of 2011, former Executive Board member Lorenzo Bini Smaghi told Boersen-Zeitung.
NASA and Axiom Space Inc. are offering a first look at new spacesuits that will be part of the agency’s ambitious Artemis program to send humans back to the moon.
America’s largest owner of local sports channels filed for bankruptcy after its efforts to pivot its business model were stymied by its unwieldy balance sheet.
US producer prices and retail sales both declined in February, giving Federal Reserve officials more room to potentially pause interest-rate hikes as they weigh the impact of a banking crisis against inflation risks.
The pressure on Canadian home prices eased up in February after the central bank signaled it was ready to pause its campaign of higher interest rates.
Credit Suisse Group AG has lost its global head of strategic shareholder advisory as a months-long wave of senior departures continues, according to people with knowledge of the matter.
Traders are betting Christine Lagarde will pay heed to banking turmoil and not deliver on a promised half-point rate hike when the European Central Bank announces its policy decision Thursday.
BHP Group Ltd. may face a £36 billion ($44 billion) compensation payout if it loses a London class action lawsuit over its role in the deadly collapse of a Brazilian dam.
