Italy’s shock tax on banks continues to prove controversial, even as the government insists it can “improve” it.
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Credit card losses are rising at the fastest pace since the Great Financial Crisis
Goldman Sachs predicts credit card losses will continue to climb through the end of 2024 or early 2025 for most...
The Fed would be ‘flying blind’ on interest rate decisions after a government shutdown
A looming government shutdown could prevent the Federal Reserve from raising rates in November, Bank of America says.
Striking unions impacting the economy at a level not seen in decades
So far, the UAW stoppage has impacted just a small portion of the workforce with limited implications for the broader...
August wholesale inflation rises 0.7%, hotter than expected
The producer price index was expected to increase 0.4% in August, according to the Dow Jones consensus estimate.
Shipping giant Maersk unveils ‘trendsetter’ green vessel as it aims to be carbon neutral by 2040
Shipping giant Maersk on Thursday presented its first container vessel moved with green methanol.
August core inflation, excluding food and energy, rose 0.3%, hotter than expected
The consumer price index was expected to increase 0.6% in August and 3.6% from a year ago, according to the...