Bloomberg Markets
Volkswagen’s supervisory board backed a sweeping restructuring that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint, giving Chief Executive Officer Oliver Blume his clearest mandate yet to overhaul Europe’s biggest carmaker.
US retail diesel rose to a record, threatening to further spike energy-driven inflation as wars in Iran and Russia roil the market.
The widely used fuel climbed to a nationwide average of $5.85 a gallon at the pump on Thursday, acc
MarketWatch
Many markets are priced for perfection warns Longview Economics.
Bloomberg Markets
As the US-Iran battle escalates, surging jet fuel prices are driving up borrowing costs for airlines, further dimming the prospects for smaller American carriers.
Washington Post Business
Lori Chavez-DeRemer resigned in April over the misconduct allegations. She oversaw a "toxic, intimidating and humiliating" work environment, a federal watchdog said.
MarketWatch
Government interventions, such as currency buying and bond buybacks, are supposed to reassure markets. But lately, they are doing the opposite.
Yahoo Finance
Yahoo Finance
Yahoo Finance
MarketWatch
Buying portfolio insurance to protect against falls in the market — if the outcome of the midterm elections is disputed — is so obvious to Kevin Muir, he regards it as a “chip shot.”
Bloomberg Markets
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Nouriel Roubini, Roubini Macro Associates CEO; Enrico Letta, Institut Jacques Delors President & Former Italian Prime Minister; Arancha González Laya, Sciences Po Dean of International Affairs & Former Spanish Foreign