Pension fund panic led to Bank of England’s emergency intervention: Here’s what you need to know
The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up…
IMF gives damning verdict on Britain’s tax cuts
The new economic measures laid out by the U.K. government “will likely increase inequality”, according to a spokesperson from the…
Pound tanking, massive tax cuts and talk of emergency hikes. Here’s what’s going on in the UK
Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp | Getty Images…
A.I.R. Gallery Broke Barriers. A New Online Archive Tells the Story of the Women-Run Collective
Today marks the 50th anniversary of the founding of Artists in Residence, Inc. (A.I.R. Gallery), the first nonprofit artist-run cooperative…
Stocks close higher for fourth straight session ahead of key inflation report, Dow rises 200 points
21 Min Ago S&P 500 and Nasdaq put together first 4-day advance in 2+ months The S&P 500 rose Monday…
Germany has worked hard to shore up winter gas supplies — and it’s ahead of schedule
European governments are scrambling to fill underground storage with gas supplies to provide households with enough fuel to keep homes…
Video game giants had a miserable second quarter as the pandemic gaming boom hits a wall
A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images…
China’s factory activity contracts unexpectedly in July as Covid flares up
An employee operates a spinning machine at a textile factory on May 26, 2022 in China. China’s factory activity contracted…
Stocks rally for a second day as investors shake off GDP contraction, Dow jumps 360 points
U.S. equities rallied Thursday for the second day in a row even after the latest GDP showed a second-straight contraction,…
What Were the Women in Egon Schiele’s Steamy Portraits Thinking? Novelist Sophie Haydock on How She Brought the Artist’s Muses to Life
Though he died at just 28 from the Spanish Flu in 1918, Egon Schiele remains an enduring figure in art…
Here’s how to know if we’re in a recession, and it’s not what you think
People shop in a supermarket as inflation affected consumer prices in New York City, June 10, 2022. Andrew Kelly |…
Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears
Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Investors are likely to switch their focus to…
Millennials are to blame for sky-high inflation, strategist says
Soaring inflation is putting markets on edge and triggering fears of a recession. The latest consumer price index data this…
Euro teeters on the brink of parity with the U.S. dollar on recession fears
A financial trader monitors data on computer screens as a desktop television shows euro currency banknotes at the Frankfurt Stock…
A Mysterious Georgia Rock Art Sculpture—Considered by Some the ‘American Stonehenge’ and by Others the Work of Satan—Has Been Bombed
The Georgia Guidestones, a mysterious public artwork sometimes called the “American Stonehenge,” are no more. In the early hours on…
Do You Know Who Designed the Lincoln Memorial Statue? A New Documentary About an Often Forgotten Sculptor Aims to Fix That
You may not know the name Daniel Chester French, but you absolutely know his work. The American Renaissance sculptor designed…
Recession fears flare and June jobs report looms as jittery markets head into third quarter
Investors are greeting the third quarter with greater trepidation about a recession, and that makes next Friday’s June jobs report…
Dow falls nearly 500 points as bear market bounce loses steam
U.S. stocks fell on Tuesday, erasing earlier gains as the market failed to keep its rebound from the bear-market lows…