Hedge Funds Boost Dollar Shorts on Bets for Slower Fed Hikes
Hedge funds are growing ever more bearish on the dollar, underscoring speculation the Federal Reserve will slow the pace of its interest-rate hikes.
Hedge funds are growing ever more bearish on the dollar, underscoring speculation the Federal Reserve will slow the pace of its interest-rate hikes.
UK shoppers taking out new credit cards face record-high interest rates on their bills.
Norway will be able to sustain gas production at last year’s elevated level until at least 2026 thanks to 300 billion Norwegian kroner ($30 billion) of investment in new offshore fields.
Over 800,000 UK households will see their mortgage rates more than double this year as they come off low fixed-rate deals, adding to the pressure on living standards.
The good news: The Copenhagen dining room will remain open until 2025.
Thailand withdrew a rule requiring foreign travelers to carry proof of Covid vaccination on Monday, just days after reinstating the barrier ahead of the arrival of Chinese tourists.
Workers on the London Underground will be balloted over whether to hold more strikes as soon as March in the latest sign of industrial strife in Britain.
Upcoming global average temperature measurements are unlikely to yield surprises. The real question is how we adapt, says one scientist.
Some Americans could end up paying more for their gasoline thanks to a plan by seven Midwestern state governors to boost the use of corn-based ethanol.
Macquarie Group Ltd. says it’s facing losses of tens of millions of dollars after currency derivatives trades with Italian builder Cimolai SpA went awry.