Turkey tilts Hawkish with rate held at 50% for another month
(Bloomberg) — Turkey extended an interest rate pause in place since April, with the central bank telegraphing a tough path […]
Economy
Big banks pass an extreme stress test, including 10 percent unemployment
Raise your hand if you think banks are as sound as the Fed says they are. Stress test results Please
It’s shaping up to be a hot summer of travel debt for Gen Z and millennials
With Taylor Swift on tour in Europe, free Luxury travel options in Southeast Asia and the rise of leisurely vacations
CNBC’s Inside India newsletter: The humble onion could hold India’s economy hostage
A vendor arranges onions at a vegetable market in Nagaon district, in the northeastern state of Assam, India, on February
Orders of basic US capital goods fell sharply in May
WASHINGTON (Reuters) – New orders for key U.S.-made capital goods fell unexpectedly in May, suggesting business spending on equipment weakened
Message from the President: Renewed hope for inflation, but more confidence needed – June 27, 2024
By Raphael Bostic, President and Chief Executive Officer June 27, 2024 Since my last essay in March, the economy and
Hilsenrath: Trump and Biden share a legacy of massive debt accumulation and bad timing | Traffic light
Joe Biden and Donald Trump will take the stage in Atlanta with predictable stories about the US economy from 2017
Russia’s main coal industry on the brink of financial collapse
Stock photo: Getty Images Profits in Russia’s coal mining sector are down 93% in the first four months of 2024