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Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
Trump picks Peter Navarro as top trade advisor
President-elect Donald Trump announced that Peter Navarro will serve as "Senior Counselor for Trade and Manufacturing" in his next White House term.CNBC - Dec. 4 -
Senator Blasts Airlines, Saying They See Passengers as ‘Walking Piggy Banks’
Sen. Richard Blumenthal (D-Conn.) ripped the five largest airlines for collecting $12.4 billion in seat fees between 2018 and 2023.Inc. - Dec. 4 -
Flyers Have Big Need To Address Through Trade
The Flyers should look to fix this need through the trade market.Yahoo Sports - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
'No Other Land,' from an Israeli-Palestinian alliance, looks at West Bank destruction
Filmmakers overcame assault and lost equipment to finish 'No Other Land,' a documentary about the West Bank. But while it's eligible for an Oscar, it still does not have U.S. distribution.Los Angeles Times - Dec. 4 -
If Trump’s tariffs start a trade war, it would be an economic disaster | Mark Weisbrot
The president-elect’s two main arguments for his tariff threat – to reduce migration and to combat drugs – are not credible. “To me, the most beautiful word in the dictionary is tariff, and it’s my ...The Guardian - Dec. 4 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Norway Oil Fund Divests of Israel's Bezeq Over Services to West Bank Settlements
Norway’s $1.8 trillion sovereign wealth fund said it decided to exclude Israeli telecommunications company Bezeq from the fund over concerns the company could be contributing to human-rights ...The Wall Street Journal - Dec. 4 -
Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - Dec. 4 -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - Dec. 4 -
China bans exports of key microchip elements to US as trade tensions escalate
Semiconductor restrictions on China announced by Washington a day earlier prompt retaliation involving critical minerals including gallium and germanium . The Chinese government has said it will ...The Guardian - Dec. 4 -
Kospi heavyweight stocks fall in volatile trade amid political chaos
South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.CNBC - Dec. 4 -
Campbell's CEO Trades Soup and Snacks for the NFL
Mark Clouse will join the Washington Commanders as president early next year after more than five years as the food-company’s bossThe Wall Street Journal - Dec. 3 -
Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals
Bank of America has teamed with FIFA for a second timeABC News - Dec. 3 -
Canada's Trudeau Says He Addressed Trade Irritants With Trump
In his first public comments about his dinner last week with President-elect Donald Trump, Canadian Prime Minister Justin Trudeau said he addressed trade issues related to steel, aluminum, energy ...The Wall Street Journal - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - Dec. 3 -
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I retired at 30 with $540,000 in the bank and 'I don't have any regrets'—3 moves that helped me get there
After feeling disappointed by her dream job, one millennial decided to retire early. She's happy with her choice: "I'm very good at doing nothing and relaxing."CNBC - Dec. 3 -
Third base not exactly flush with options if Phillies do trade Bohm
With little at third base in free agency after Alex Bregman, who would even be the Phillies' options if they trade Alec Bohm this offseason? Here are some candidates.Yahoo Sports - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
Sabres Should Swing Trade For Surging Blackhawks Forward
With the Sabres needing more offense, they should consider making a push for this Blackhawks forward.Yahoo Sports - Dec. 3 -
This bank’s outrageous predictions include the dollar tanking and Nvidia becoming twice the size of Apple
Denmark’s Saxo Bank annually produces their outrageous predictions -– which is their attempt to create unlikely-but-plausible forecasts, to spark discussion and challenge consensus.MarketWatch - Dec. 3 -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - Dec. 3 -
The White House Goes on the Defense, and Israel and Hezbollah Trade Fire
Plus, mail trucks get a “goofy” upgrade.The New York Times - Dec. 3 -
Can the world’s trade police survive Trump II?
Relevance of World Trade Organization under scrutiny amid US president-elect’s protectionist stance. The sting of teargas was a price worth paying, said Michael Dolan, as he looks back on the ...The Guardian - Dec. 3 -
Singapore gets tough on commodity trading practices after series of scandals
Long jail sentence for 82-year-old former oil trader is sign of ‘zero tolerance’ for fraudFinancial Times - Dec. 3 -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - Dec. 3 -
Middle East latest: Israel and Hezbollah trade fire, threatening Lebanon ceasefire
The Lebanese militant group Hezbollah has fired into a disputed border zone held by IsraelABC News - Dec. 2 -
Hezbollah and Israel Trade Fire, Further Testing Cease-Fire
Both sides have accused each other of violating the deal; Hezbollah fired into Israel for the first time since the truce took effect, and Israel responded with airstrikes.The New York Times - Dec. 2 -
Global arms trade soars in 2023 amid deadly conflicts
The top 100 global arms producers increased weapons and military-related sales by 4.3 percent last year, according to new research, as nations react to a more volatile and dangerous geopolitical ...The Hill - Dec. 2 -
Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - Dec. 2