World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
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Top stories - NBC News
Fed Governor Christopher Waller sees need for more caution when lowering interest rates
Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern that the economy could ...October 14 - Federal Reserve -
Business - MarketWatch
Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation
A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...October 14 - Federal Reserve -
Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyOctober 14 - United Kingdom -
World - The Guardian
Trio of professors win Nobel economics prize for work on post-colonial wealth
British-born Simon Johnson and James A Robinson and Turkish-American Daron Acemoğlu share £810,000 prize . Three US-based professors, including two UK-born academics, have been awarded this year’s ...October 14 -
Politics - The Hill
Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll
Economists expect higher inflation, national deficits and interest rates under former President Trump’s proposed agenda than under policies proposed by Vice President Harris, a new survey by The ...October 14 - Donald Trump -
Business - Financial Times
Trio of economists wins Nobel Prize for work on wealth of nations
Daron Acemoglu, Simon Johnson and James Robinson commended for advancing understanding of inequalityOctober 14 -
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Business - CNBC
European Central Bank set for third interest rate cut of the year in meeting this week
Markets are eyeing two more rate cuts from the euro area's central bank this year amid a weak growth outlook and lower inflation.October 14 -
Business - Financial Times
Expect more emerging market sovereign defaults, says S&P
Countries exiting restructurings have lower ratings than in the past and may struggle to access capitalOctober 14 -
World - Financial Times
Where interest rates are heading
The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curveOctober 14 -
Sports - The New York Times
Ranking the Potential World Series Matchups, From Least to Most Interesting
Aaron Judge and Shohei Ohtani could be making their World Series debuts against each other in one scenario.October 14