Economy Archives - Page 4 of 10

After vowing to halt Japan’s economic decline, Kishida leaves mixed legacy | Business and Economy

In his first policy address after taking office in October 2021, Japanese Prime Minister Fumio Kishida pledged to “faithfully rebuild” the economy after [...]

Middle Eastern funds plowing billions into the hottest AI start-ups

22 SeptemberJohn Adams

Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley’s artificial intelligence darlings. Oil-rich nations like Saudi [...]

Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp

20 SeptemberJohn Adams

Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because inflation is falling [...]

Largest port on East Coast begins preparations for a strike

20 SeptemberJohn Adams

Port of New York/New Jersey executives tell CNBC they have begun preparations for a potential complete work stoppage by the International Longshoremen’s Association, [...]

Bank of England holds key rate after U.S. Fed makes 1st cut in 4 years – National

19 SeptemberJohn Adams

The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve, its [...]

Powell downplays impact of rate cut on Trump-Harris presidential race

18 SeptemberJohn Adams

U.S. Vice President Kamala Harris in Milwaukee, Wisconsin, U.S. August 20, 2024 and former U.S. President Donald Trump in Bedminster, New Jersey, U.S., [...]

Fed cuts interest rates by a half point

18 SeptemberJohn Adams

WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half [...]

Inflation is slowing but the Fed’s next move is still up in the air

14 SeptemberJohn Adams

US Federal Reserve Chair Jerome Powell arrives to testify before the Senate Banking, Housing, and Urban Affairs Hearings to examine the Semiannual Monetary [...]

Brazil top court unfreezes bank accounts of X, Starlink after $3m transfer | Social Media News

13 SeptemberJohn Adams

Billionaire Elon Musk has decried a ban on X in Brazil, where the social media company failed to comply with court orders. Brazilian [...]

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