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…
Sterling hits record low against the dollar, as Asia-Pacific currencies also weaken
Loading chart… Critics say those economic measures will disproportionately benefit the wealthy and could see the U.K. take on high…
From the Fed to Europe’s currency crisis, here’s what’s behind this selloff in financial markets
Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that its…
Britain pursues ‘trickle-down economics’ despite scorn from Biden. And the stakes are sky-high
British Prime Minister Liz Truss and U.S. President Joe Biden formally met for the first time at the United Nations…
Fed raises rates by another three-quarters of a percentage point, pledges more hikes to fight inflation
The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will…
Graffiti Art Gets a Permanent Home in L.A. With the Opening of Beyond the Streets Gallery
Roger Gastman, the noted graffiti historian and street art collector, is opening a permanent Los Angeles home for Beyond the…
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…
The Japanese yen is at 24-year lows. Here’s what to expect at the next BOJ meeting
The Japanese yen is hovering close to its weakest levels since 1998, and authorities have hinted at taking action to…
Wall Street’s top analysts bet on these stocks as economic uncertainty increases
Apple CEO Tim Cook presents the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, U.S.…
Stocks close lower on Friday, extending sell off for worst week since June for S&P 500 and Nasdaq
Stocks fell Friday as Wall Street wrapped up one of its worst weeks in months and traders reacted to an…
Surya Pochareddy Named Head of M&A and Strategy at IDIQ
New role further develops company’s strategic growth across identity and credit solutions Temecula, California, Sept. 14, 2022 – IDIQ, an…
Dow tumbles 1,200 points for worst day since June 2020 after hot inflation report
Stocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism for…
Faded Photos Bought for $2,200 at an Estate Sale Turn Out to Be Two Rare Stieglitz Works Stuck Together
An eagle-eyed collector bought a framed photo at a tiny Connecticut auction house for just over $2,000 last year. He…
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…
European Central Bank raises rates by 75 basis points to tackle soaring inflation
The ECB announced a second consecutive interest rate rise to combat red-hot inflation. Daniel Roland | Afp | Getty Images…
In a Series of Behavioral Experiments, Viewers Preferred Works by Women Artists—But Assumed Works by Men Were More Famous and Valuable
Does gender bias affect our opinions about work made by male and female artists? According to a new study, people…
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…