Bloomberg Markets
Former Federal Reserve Chair Ben Bernanke famously said monetary policy is 98% talk and only 2% action. Kevin Warsh wants to shake up the mix.
Bloomberg Markets
Sweden and Norway face contrasting economic risks, but the two Nordic neighbors are still likely to emerge with the same outcome of no change for borrowing costs this week.
Bloomberg Markets
Blackstone Inc. rolled out a platform to lend against physical assets like inventory and equipment, as alternative asset managers increasingly muscle into territory long dominated by banks.
Bloomberg Markets
Chancellor of the Exchequer Rachel Reeves said her ambition is to balance the budget in 2029, a more demanding target than her current fiscal rules as she pledged to make Britain less at the mercy of the bond markets.
Yahoo Finance
Yahoo Finance
MarketWatch
“When the time comes, there will be a substantial inheritance to be split 50/50 between our two children.”
Bloomberg Markets
Jeff Currie, executive co-chairman at Abaxx Markets, says “the uncertainty remains quite high” around the Strait of Hormuz as maintaining the US-Iran ceasefire will be challenging. Currie looks at what the interim agreement means for the global oil market, what’s behind the oil price drop, and how quickly Gulf nations can restore production. (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
Taiwan is easing regulations to give life insurers flexibility to invest in artificial intelligence projects, part of an ongoing campaign by authorities to redirect a larger slice of the industry’s $1 trillion asset pool back home.