"Central Bank Observers Take Note": HSBC Warns "Weak Bull" Commodity Run Has Begun Commodity prices provide a real-time snapshot of the global economy through spot prices, which are essentially high-frequency data about the current supply and demand environment. These prices are key components in measuring inflation, which has shown signs of easing over the past year. However, a recent surge in the Bloomberg Commodity Index and signs of a reacceleration in US inflation data are...
Sheila Bair, who ran the FDIC during the financial crisis, is nervous about a handful of regional banks going into earnings.
15 State Officials Warn Bank Of America About 'De-Banking' Of Christians Authored by Naveen Athrappully via The Epoch Times, A group of 15 financial officials from 13 states sent a notice to Bank of America, raising concerns about the institution’s “de-banking” of Christians. “We write to express our concerns over Bank of America’s troubling track record of politicized de-banking. Bank of America’s de-banking policies and practices threaten the company’s financial health, its...
UK fans estimated to have lost over £1 million since tickets went on sale and thousands have fallen victim, losing an average of £332 each.
More than £1 million could already have been lost in the UK to fraudsters pretending to offer Taylor Swift concert tickets, Lloyds has warned.
In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped in as receiver, with Fulton Bank assuming nearly all deposits and assets. Republic First Bank Shuttered as FDIC […]
Emergency services are increasingly likely targets for cyberattacks, warns the Department of Homeland Security.
Fog blanketing the Australian economy is unlikely to lift this year, with a weak growth outlook and volatile global conditions setting a complex scene for the federal budget. Australia’s economic growth is expected to rise 1.5 per cent in 2024 and two per cent in 2025, the International Monetary Fund said in its latest global […]
China, Australia's biggest trading partner, is tipped to suffer the most severe economic slowdown in almost 50 years. Here's what it means for government revenue ahead of the May Budget.
The U.S. also announced its largest package of military aid to date, valued at US$6 billion, at the latest meeting of the Ukraine Defense Contact Group.
The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) is issuing a public health alert for ground beef products from Greater
Barclays said victims of this type of fraud lost £14,313 on average last year, with younger adults aged 21 to 40 accounting for nearly half (48%) of reported investment scams