Latest in World's biggest sovereign wealth fund warns markets at risk from tariff fueled inflation
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Threat of Trump tariffs adds to global economic uncertainty, IMF warns
Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the worldFinancial Times - Jan. 10 -
Former Broadway designer fuels Ravens' playoff hopes from behind the scenes
Ebony Short, a former Broadway designer, plays a key role in the Baltimore Ravens' playoff push, stitching custom uniforms that give the team an edge.CBS News - Jan. 10 -
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Brompton chief warns axing tariffs on Chinese bicycles could ‘kill’ business
Flood of cheaper products could hit an industry already struggling with stagnant post-pandemic demandFinancial Times - Jan. 10 -
Ontario leader warns of ‘pain’ for US if Trump imposes tariffs on Canada
Premier of most populous province says rhetoric clouds trade relationship worth hundreds of billions of dollars. The United States will “feel pain” if Donald Trump doesn’t back down from his ...The Guardian - Jan. 10 -
Most of the world's 35,000 online pharmacies are run illegally, U.S. warns
Ninety-six percent of online pharmacies were found to violate the law, meaning they were operating without a license and selling medications without prescriptions.CBS News - Jan. 9 -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - Jan. 9 -
UK charity that raised funds for Israeli soldier given warning
Regulator acts over complaints about fundraising activity as trustees fail to explain how IDF individual spent the donationFinancial Times - Jan. 9 -
US warns of risk from most of world’s online pharmacies
The Office of the U.S. Trade Representative warned there’s a risk of ineffective or dangerous drugs from online pharmacies that are being illegally run. In a report released Wednesday, the office ...The Hill - Jan. 9 -
USTR warns of risks from online pharmacies in its 'notorious markets' report
An annual U.S. government report on “notorious markets” known for counterfeiting and other violations of intellectual property says that nearly all 35,000 online pharmacies around the world are ...ABC News - Jan. 9 -
Fund managers to warn FCA over US activist’s plans to shake up UK trusts
Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boardsFinancial Times - Jan. 9 -
Tariff threat looms over the year's biggest electronics show
Tech companies big and small are offering bold visions of AI-backed products that could be headed into our everyday lives soon. Unless tariffs trip them up.NBC News - Jan. 8 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
U.S. Funding Dispute With World Anti-Doping Agency Boils Over
After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.The New York Times - Jan. 8 -
Biden: Biggest regret failing to counter misinformation, including from Trump
President Biden in an interview published Wednesday reflected on the highs and lows of his administration, stating his biggest regret was failing to challenge misinformation — including claims ...The Hill - Jan. 8 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
The market’s wobbling. Here are BlackRock’s shields for the biggest risks.
Here are the hedges the $11 trillion asset manager recommends for the concerns weighing on investor minds.MarketWatch - Jan. 8 -
Here are the top risks the world faces in 2025, according to Eurasia Group
The Eurasia Group, a geopolitical risk and consulting firm, named a lack of international leadership as the world's biggest risk for 2025.CBS News - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry
Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administrationFinancial Times - Jan. 7 -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - Jan. 6 -
Trudeau resigns as inflation and other economic woes keep toppling leaders around the world
The move by Canadian Prime Minister Justin Trudeau is a fresh sign of how inflation and other economic headwinds have hammered incumbent parties around the world in the past 12 months.MarketWatch - Jan. 6 -
Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - Jan. 6 -
This money bias is 'the biggest barrier to building wealth,' says financial psychologist
Putting off some key financial moves because they seem too complex? You could be costing yourself over the long run.CNBC - Jan. 5 -
UK faces ‘significant risk’ from procurement collusion, CMA warns
Agency is trialling an AI-backed programme that scrapes data to identify bid-riggingFinancial Times - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - Jan. 4 -
Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - Jan. 4 -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - Jan. 3 -
Alcohol labels should carry cancer risk warning, U.S. surgeon general urges
Alcohol is the third leading cause of cancer in the U.S., after tobacco and obesity, according to a new report from the U.S. surgeon general.NBC News - Jan. 3 -
The Surgeon General Wants Alcohol Companies to Add a Warning about Cancer Risk
Congress is unlikely to approve new labeling on alcohol anytime soon, but studies linking consumption with cancer put liquor companies in a tough spot.Inc. - Jan. 3 -
Who's left on MLB free-agent pitching market? Roki Sasaki is biggest puzzle piece in arms picture.
Five teams have successfully addressed their rotation needs. Which clubs are still searching for help? And most important: what seven arms, including Sasaki, are still available?Yahoo Sports - Jan. 3 -
U.S. surgeon general calls for cancer risk warnings on alcohol labels
The U.S. surgeon general on Friday issued a new advisory on the link between alcohol consumption and increased cancer risk.CNBC - Jan. 3 -
Iran warns Italy that bilateral ties at risk if it bows to 'hostile' US demands over drone suspect
The fate of an Italian journalist detained in Tehran and an Iranian engineer imprisoned in Italy on a U.S. warrant have grown even more intertwinedABC News - Jan. 3 -
Surgeon general warns of link between alcohol consumption and cancer risk
The U.S. surgeon general issued an advisory on Friday warning of a link between alcohol consumption and cancer risk.ABC News - Jan. 3 -
Massive cleanup under way in Ghana after fire destroys one of world’s biggest secondhand markets
Thousands of traders face ruin after blaze razes two-thirds of Accra’s Kantamanto, which receives an estimated 15m used clothes from global north each week. A huge cleanup operation is taking place ...The Guardian - Jan. 3 -
Surgeon General calls for cancer risk warning on beverages with alcohol
Dr. Vivek Murthy issued an advisory Friday about alcohol and cancer risk and called for changes to beverage warning labels.CBS News - Jan. 3 -
Alcohol should carry warning label for cancer risk, US surgeon general says
Advisory warns alcohol is third leading preventable cause of cancer in US and seeks to raise consumer awareness. Alcohol use is the third leading preventable cause of cancer in the US after ...The Guardian - Jan. 3 -
Blast of frigid US weather revives volatility in heating fuel markets
Parts of the country may face the coldest January in more than a decade after years of warmer winter temperaturesFinancial Times - Jan. 3