Swiss Inflation Slowdown Sparks Fresh Negative Rate Speculation
Switzerland’s inflation unexpectedly slowed to near zero, adding pressure on the central bank to push back against the…
New World Plans $1.9 Billion Debt Swap With Creditor Haircuts
New World Development Co. plans to issue up to $1.9 billion of new debt in an exchange offer…
Real Estate CEO Says Gen Z’s Housing Struggles Aren’t Special — ‘It Is Just As Tough’ As It Was For Boomers
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. For…
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…
Fed’s Schmid Cites Inflation Risks in Dissent Against Rate Cut
Federal Reserve Bank of Kansas City President Jeff Schmid said he voted against the US central bank’s decision…
Şimşek says recent price data don’t alter disinflation perception
Türkiye’s disinflation process remains on track despite recent price data, Treasury and Finance Minister Mehmet Şimşek said on…
AI Boom Drives US GDP Growth
I’m Ben Holland, an economics editor in Washington. Today we’re looking at the US AI boom and its…
Is a Private Credit Crisis Brewing? Tricolor, First Brands Shake Wall Street
The business model of Tricolor Holdings didn’t sound especially stable to begin with. The auto lender, based in…
Fears over PTSB job cuts and free bus fares in Dublin – The Irish Times
PTSB’s move to put itself up for sale has stoked concerns a new owner will cut branches and…
Jerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero.’
Federal Reserve Chair Jerome Powell drew a stark picture of a labor market that looks fine on the…
ECB Holds Rates With Inflation Near 2% and Economy Expanding
The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…