Fed cuts rates to three-year low after fractious meeting
Three top US central bankers object to move in biggest revolt since 2019
Uncategorized
Uncategorized
US central bank to launch $40bn debt-buying scheme after money market strains
Central bank will purchase short-term Treasuries just weeks after it stopped shrinking its balance sheet
Uncategorized
Top economist Diane Swonk: Jerome Powell risks losing the Fed’s credibility on a gamble over AI and immigration
It all comes down to the reason behind the weakness in unemployment and Powell’s diagnosis of the “low-hire, low-fire” economy of 2025.
Uncategorized
Rivian CEO says buying an EV isn’t a political choice, pointing out that R1 buyers are split evenly between Republicans and Democrats
“I think that’s extraordinarily powerful news for us to recognize—that this isn’t just left-leaning buyers,” said Rivian CEO RJ Scaringe.
Uncategorized
Singapore’s latest antisocial scourge is pickleball
Enthusiastic picklers are fighting a war against neighbours sick of the sport’s relentless ‘pock, pock, pock’ noise
Uncategorized
The clash within civilisations
The important conflicts today take place inside cultural-religious blocs, not between them
Uncategorized
Paramount’s Warner Bros bid draws Gulf investors into rare alliance
Backing from Saudi Arabia, UAE and Qatar represents latest push into prized international media assets