SNB reverses forecasted loss with Q3 profit, despite earlier losses
The Swiss National Bank (SNB) reported a Q3 profit of 1.7 billion francs for 2021, defying previous loss forecasts. This turnaround was primarily driven
The market hinges on Jay Powell’s every word. The presidential race could too.
The focus of the country is about to switch to 24/7 wall-to-wall coverage of the presidential election, including primaries, debates, campaign-spending totals, and poll
Britain’s restrained approach to green subsidies raises concerns
The UK’s response to President Biden’s Inflation Reduction Act, a $369 billion green investment subsidy legislation, is causing concern among critics who believe the
AI could spark the next financial crisis, SEC Chair Gary Gensler says
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Fed meeting in focus, Chinese factory data disappoints — what’s moving markets
Investing.com — U.S. stock futures were mixed on Tuesday, with the Federal Reserve’s all-important policy decision later in the week front and center. Elsewhere, economic
U.S. fiscal deficit a ‘more serious problem than ever before,’ says Larry Summers
Former Treasury Secretary Larry Summers believes that the current federal budget deficit poses a greater challenge for the economy than it has before in
Fed’s reverse repo facility drawdown looms large in balance sheet debate
By Michael S. Derby NEW YORK (Reuters) – The eventual end of the Federal Reserve’s efforts to reduce its vast bond holdings increasingly appears
Bankman-Fried says he wasn’t aware of FTX’s missing $8 billion until just before its collapse
FTX founder Sam Bankman-Fried insisted Tuesday that he was unaware that $8 billion of customer money had disappeared until just before his crypto exchange
US lawmakers urge Yellen to speed up China outbound investment rules
By Michael Martina WASHINGTON (Reuters) – The Republican and Democratic leaders of a U.S. congressional committee on China urged Treasury Secretary Janet Yellen to
BOJ relaxes grip on rates as end to yield control looms
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -The Bank of Japan further loosened its grip on long-term interest rates by tweaking its bond
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