Troubled Nations Mount Comeback to Debt Markets Amid Yield Hunt
Some of the world’s riskiest sovereign borrowers are returning to international debt markets, taking advantage of increasing appetite…
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Credit card debt hits record levels Americans are carrying a record amount of credit card debt, and interest…
World Economy Latest: Fed’s Powell Reins in Rate-Cut Expectations
Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt…
OpenAI May Target $1 Trillion Valuation in IPO, Reuters Says
Artificial intelligence startup OpenAI is preparing to file for an initial public offering as soon as next year…
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Credit card debt hits record levels Americans are carrying a record amount of credit card debt, and interest…
Moody’s cuts outlook on France as Lecornu struggles to pass budget – POLITICO
Friday’s decision “reflects the increased risk that the fragmentation of the country’s political landscape will continue to impair…
Economists Urge Carney to Set Output Targets Amid Debt Binge
Some economists are urging Canadian Prime Minister Mark Carney to set clear economic and investment targets when his…
China Finds Costly New Way of Boosting Xi’s Global Yuan Push
China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering…
AI Has Broken Graduate Hiring, a City Executive Warns of Gen Z Revolt
The post-pandemic job market was supposed to reward hard work and higher education. Instead, it’s become a high-stakes…
Congress Is Destroying Peru’s Economic Pillars, Watchdog Warns
Peru’s fiscal watchdog is issuing its most stern warning yet that the country’s solid economic pillars are at…
France’s Third Downgrade in a Year Is a Call to Step Up, Lescure Says
France can’t afford to ignore the third credit-rating reduction in less than a year, according to French Finance…
France Gets Debt Warning as S&P Downgrades in Unscheduled Move
S&P Global Ratings downgraded France, dealing another blow to the country’s credibility as a weakened minority government struggles…