As the second quarter draws to a close, fears that the U.S. might already be sliding into a recession are picking up. On Wednesday, the final reading on the size Read more
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Bond yields slide ahead of crucial U.S. data
Bond yields softened on Thursday as a risk averse tone across markets encouraged buying of government debt and as traders waited for crucial U.S. data. What’s happening The yield on Read more
Senator Pat Leahy has broken his hip
MONTPELIER, Vt. (AP) — U.S. Sen. Patrick Leahy of Vermont has broken a hip in a fall at his home and was to undergo surgery to repair it, his office Read more
Sweden’s central bank becomes the latest to hike interest rates, with 50-basis-point move
Sweden’s Riksbank on Thursday became the latest global central bank to lift interest rates, making a 50-basis-point move as it cited rapidly spreading inflation. The Riksbank lifted the policy rate Read more
German jobless claims rise 133,000 for June, versus forecasts for a drop
Jobless claims in Germany rose strongly in June due to the registration of Ukrainian refugees in the German labor market, the Federal Employment Agency said Thursday. Jobless claims rose by Read more
German jobless claims rise 133,000 for June, versus forecasts for a drop
Jobless claims in Germany rose strongly in June due to the registration of Ukrainian refugees in the German labor market, the Federal Employment Agency said Thursday. Jobless claims rose by Read more
Sweden’s central bank becomes the latest to hike interest rates, with 50-basis-point move
Sweden’s Riksbank on Thursday became the latest global central bank to lift interest rates, making a 50-basis-point move as it cited rapidly spreading inflation. The Riksbank lifted the policy rate Read more
The U.S. dollar kicked off 2022 with a 6-month rampage — what that means for markets in the 2nd half
2022 is shaping up as a historic year for markets. But while the S&P 500 is headed for its worst first half since 1970, the dollar appreciated during the first Read more
Opinion: Why are Americans so grumpy about the economy? They’ve never lost so much purchasing power in one year, as the stimulus dries up and inflation boils over
If you want to know why Americans are so grumpy about the economy, let’s start with the fact that despite strong job growth and sizable increases in wages, their incomes Read more
Supreme Court: As Breyer retires, when will Ketanji Brown Jackson start?
The Senate on voted to confirm the nomination of Judge Ketanji Brown Jackson earlier this year to the Supreme Court. Jackson is set to become the first Black woman to Read more