Investors only have themselves to blame as Jay Powell steals Christmas
For markets, US Federal Reserve chief Jay Powell is the Grinch who stole Christmas. But the festive shakeout in bonds, ...
US Homeland Security chief attacks EU effort to police artificial intelligence
Alejandro Mayorkas warns tensions between US and Europe have grown over differences in regulating top AI companies ...
Sam Altman-led nuclear start-up signs major AI power supply deal
Oklo, a nuclear energy start-up chaired by Open AI’s Sam Altman, has struck a major corporate power supply deal as the ...
A Copernican revolution in EU economic thinking?
From 2009 to 2019, the collective cyclically-adjusted fiscal stance in the euro area averaged 0.3%, compared with -3.9% in ...
Israel hits Yemen capital Sana'a in strikes against Houthi militants
The Houthis began firing on merchant shipping in the Red Sea and launching drones and missiles at Israel after Gaza-based ...
Spain’s Navantia to buy Harland & Wolff
Spanish state-owned shipbuilder Navantia has agreed the long-awaited purchase of Harland & Wolff, rescuing the ailing Titanic ...
Bank of Japan holds rates and shifts to cautious tone as economic risks rise
Dissent from hawkish member Naoki Tamura overridden by cautious language from governor Kazuo Ueda speaking after decision ...
Biden makes final big push to bolster climate action ahead of next Trump era
The US has unveiled new stronger greenhouse gas emissions targets in the final weeks of Joe Biden’s presidency in a bid to galvanise international and state efforts on climate change despite Donald ...
A new year’s resolution for central bankers
The ultimate new year’s resolution would be to publish the likely path of the policy rate back to neutral. A good place to ...
A big, broad view of British tax
Taxes in the UK are historically high. In fact, according to the OBR, they’ve never been higher. But progressively higher tax ...
Show me your cat: why pets are community heroes
A cat tour is a little twee, sure. And some people (perhaps justifiably) view cats as nothing more than invasive flowerbed ...
Trump and the Fed: battle lines
The possibility of a conflict between the incoming Donald Trump administration’s policies and the Federal Reserve’s price stability mandate has been a topic of discussion since before the election. We ...