Former Treasury Secretary Lawrence Summers warned that complacency is setting into financial markets about inflation, and that the Federal Reserve may need to tighten further than what investors are currently expecting.
The union behind frequent rail strikes across Britain since last summer has rejected another set of pay offers and threatened to stage more industrial action “for as long as it takes.”
Mexico analysts from JPMorgan Chase & Co to Barclays Plc raised their interest rate bets for Latin America’s second-largest economy after its central bank shocked investors with a larger-than-expected hike.
From Russian supply cuts to recovering Chinese demand, tightening oil markets are firing up oil bulls — threatening to stoke inflation.
The US government is exploring narrowly focused trade pacts on critical minerals with Japan and the UK, in addition to talks with the European Union, the latest salvo in its push to counter Chinese influence in key sectors, officials familiar with the matter said.
Families of people killed in two Boeing 737 Max crashes lost their bid to reopen or reject a controversial agreement the aircraft manufacturer struck with federal prosecutors in 2021.
The body count from the earthquake in southern Turkey is so high that graves are being marked by numbers instead of names as the authorities expedite burials.
The European Central Bank will need to see a strong sign that underlying price growth is slowing to its 2% goal before borrowing costs can be lowered again, Executive Board member Isabel Schnabel said.
Just weeks after professional stock pickers celebrated their best year since 2017, the wind in the stock market has shifted, upending their fate.
Canadian employment grew much faster than expected, raising questions as to whether the Bank of Canada is really done raising interest rates.
