Hints and tips:
Related Special Reports
...Can central banks claim much credit for bringing inflation down? Isabel Schnabel: It’s a myth that the inflation trajectory would have been the same in the absence of monetary policy action....
...Bernstein Litowitz has the right to ask the court to pay it up to one-third of the “benefit conferred” by the ruling....
...The market reaction came after the Federal Open Market Committee voted unanimously to leave rates unchanged at a 23-year high of 5.25 per cent to 5.5 per cent....
...One scoop to start: Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment...
...JPMorgan Chase spent about a year discussing a possible deal with Discover Financial before Capital One agreed a $35bn bid for the credit card company....
...China’s “credit impulse” — the change in the flow of credit — was a “headwind for growth for much of the last year” but has now moved back into positive territory, BofA’s analysts said....
...“You’ve got monetary policy on one side trying to slow the economy and you’ve got fiscal policy batting against it on the other, with the potential for tax cuts and employee retention credits totalling over...
...Milei has almost entirely eliminated discretional federal transfers, which made up 8 per cent of Santa Fe’s budget in 2023....
...The ECB’s new system is a hybrid between the one used by the US Federal Reserve, which plans to keep a large enough bond portfolio to maintain sufficient bank liquidity, and the Bank of England, which is...
...It has become one of Germany’s most high-profile tech investors, with €400mn in assets under management....
...Nominal credit card debt hit a record $1.13tn in the last three months of 2023, growing at one of the fastest rates in more than 20 years, according to the New York branch of the Federal Reserve....
...“The impact on increasing systemic risk is massive,” says one insurer....
...It is one of the few acronyms for which economists deserve forgiveness, Soumaya Keynes argues....
...The US president sought to ease the pressure on would-be homeowners through tax credits outlined in this month’s State of the Union address, but that benefit is unlikely to have as big an impact as lowering...
...changing behaviour,” the BPI and the American Bankers Association said in a joint submission to the Federal Reserve, the Federal Deposit Insurance Corporate and the Office of the Comptroller of the Currency...
...with the Teamsters union....
...(There is a parallel with the US economy where state bank licensing regimes coexist with a set of federal licensing rules.)...
...The divergence between European and US credit spreads has played out primarily at the weakest end of the credit quality spectrum....
...The US Federal Trade Commission last month sued to block Kroger’s $24.6bn bid to buy rival Albertsons, the largest supermarket deal in history....
...Biden has promised homebuyers a tax credit worth up to $400 a month for the next two years — though such a measure would require congressional approval....
...The euro itself was in part motivated by the need to make the single market work better: “One market, one money” the slogan went....
...The proposal issued by the Consumer Financial Protection Bureau on Tuesday would subject non-bank companies that offer digital payments to a regulatory scheme similar to that for banks or credit unions....
...Denmark’s largest union 3F announced yesterday that it had joined Scandinavia in the latest escalation in tensions over workers’ rights against US electric-car maker Tesla....
...The court also ruled that the government cannot put aside emergency loans authorised in one year for use in subsequent years....
...Joe Biden was wrapping up his annual State of the Union speech to Congress on Thursday night when he decided to take his final dig of the evening at Donald Trump....
International Edition