In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents
Aerial view of the seafront Manara district near downtown Beirut. Bilwander | Getty Images When Georgio Abou Gebrael first heard…
The Fed is expected to raise interest rates by three-quarters of a point and then signal it could slow the pace
The Federal Reserve is expected to raise interest rates by three-quarters of a percentage point Wednesday and then signal that…
Singapore’s mortgage costs are rising — but some buyers are shrugging off higher rates
Blocks of condominiums in Singapore. The rising cost of borrowing is unlikely to have a major impact on Singapore’s property…
Elon Musk addresses Twitter takeover, possible recession on Tesla earnings call
Tesla reported third-quarter earnings after the bell, and executives addressed a broad range of questions during the earnings call, including…
UK’s Liz Truss pledges tax-cutting future in landmark speech plagued by protest and political infighting
Prime Minister Liz Truss is seeking to rally MPs around her her tax-cutting policies following political infighting and market turmoil.…
Mortgage mayhem sparks fears of a housing market crash in Britain
U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products…
Britain’s tax cut pivot might not be enough to quell market mayhem
LONDON — The U.K. government’s reversal on scrapping the top rate of income tax is down to political optics and…
‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world
Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept.…
Dow tumbles 500 points on Friday to end September down nearly 9%
Stocks fell in choppy trading Friday as Wall Street closed out a terrible week, month and quarter that brought the…
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…
An Honest Discussion About A Universal Basic Income
Get up to $10,000 when you transfer your account from another brokerage depending on the amount. Sign up at ➡️…
Fed expected to hike rates by three-quarters of a point again, but its forecast may matter most
It’s not what the Federal Reserve does, but what it says it could do in the future that will be…
Virginia Dwan, Pioneering Art Dealer Who Bankrolled Some of the Land Art Movement’s Masterpieces, Has Died at 90
Pioneering art dealer Virginia Dwan, who was instrumental in establishing the Minimalism, Conceptualism, and Land Art movements, has died at…
UK inflation hits new 40-year high of 10.1% as food and energy price surge continues
Liz Truss and Rushi Sunak during The Sun’s Showdown: The Fight for No10, the latest head-to-head debate for the Conservative…
Danger ahead: The U.S. economy has yet to face its biggest recession challenge
A person removes the nozel from a pump at a gas station on July 29, 2022 in Arlington, Virginia. Olivier…
Stocks rally to reverse two-day slide, surging on rosy earnings results and economic data
2 Hours Ago All three major averages closed higher, snapping two days of losses All three major averages rallied Wednesday,…
Inflation figure that the Fed follows closely hits highest level since January 1982
An inflation gauge that the Federal Reserve uses as its primary barometer jumped to its highest 12-month gain in more…