Battling to survive, Hamas faces defiant clans and doubts over Iran
Short of commanders, deprived of much of its tunnel network and unsure of support from its ally Iran, Hamas is…
ECB should change inflation target, researchers to tell policymakers
The ECB should abandon targeting headline inflation and focus instead on price growth in discretionary spending to protect the bloc’s…
Fed chair’s foes form a risky new Team Transitory
U.S. Federal Reserve Chair Jerome Powell once tolerated what he deemed “transitory” inflation, only to see price rises spiral in…
Elon Musk says Senate bill would destroy jobs and harm US
Billionaire Elon Musk on Saturday criticized the latest version of President Donald Trump’s tax and spending bill released by the…
Germany’s big budget plan poses big questions
Germany announced a sweeping budget plan on Tuesday that aims to nearly double military spending and launch a 500 billion…
Fed says banks can withstand economic downturn, clears way for dividend hikes
Twenty-two of the largest banks in the U.S. are well-positioned to weather a hypothetical severe economic downturn and continue lending,…
A luxury experience in China: Global high-end brands bet on conceptual stores to revive sales
Louis Vuitton’s latest Shanghai store is not your average luxury flagship. The 30-meter-high, ship-shaped store, “The Louis”, is billed as…
Trump says he won’t appoint anyone to Fed who doesn’t back rate cuts
U.S. President Donald Trump said on Friday he would not appoint anyone to head the Federal Reserve who would not…
World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation
The recent de-escalation in US-China trade tensions has led Fitch Ratings to make broad-based upward revisions to its global growth…
Trade tensions aren’t stopping Chinese companies from pushing into the U.S.
Chinese companies are so intent on global expansion that even the biggest stock offering to date on Shanghai’s tech-heavy STAR…