HONG KONG (AP) — Asian markets were mostly higher Wednesday ahead of expected guidance by the Federal Reserve on the timing of its cuts to interest rates. Oil prices and U.S. futures fell. Japan’s markets were closed for a holiday. On Tuesday, the Bank of Japan hiked its benchmark interest rate for the first time []
The mythical vampire could be stabbed repeatedly but always would rise from the dead. The modern-day iteration of the vampire is the carbon tax, an idea that gets defeated repeatedly, yet some members of Congress continue trying to bring it back to life. Sadly, among those attempting the latest resurrection is one of my state’s senators, Sen. Bill Cassidy (R-LA), who is sponsoring two pieces of legislation that would create a carbon offset scheme and a tax increase at the same time. The idea of...
As influencer marketing has continued to grow and normalize for B2C brands, marketers behind B2B brands have taken notice.
It's that time of the year again, college hockey is winding down; to the point it's already ended for many players. Even those fortunate enough to still be in contention for the NCAA playoffs only h
I quite frequently use this space to lament the untimely demise of the antiwar movement in this country and to wallow shamelessly in the miseries of what could have been. Those of my readers who have gone on to join the ranks of the loyal followers whom I lovingly describe as my very dearest motherfuckers More
Neoliberalism was never about shrinking the state to unfetter markets and enhance human freedom. In her new book, Vulture Capitalism, Grace Blakeley argues that neoliberalism has always sought to wield state power to maximize profits for the rich.
The main indexes notched new record closes Wednesday after the Federal Reserve kept its outlook for rate cuts unchanged.
The Federal Reserve held steady on interest rates at the conclusion of its
Markets will continue to rally even if the Fed chooses not to cut interest rates this year, according to Steven Blitz, TS Lombard's chief U.S. economist.
"I'm in the camp that the Fed does not change policy in the summer of an election year," the Bianco Research president told CNBC's "Fast Money" on Monday.
Mortgage interest rates rose last week for the first time in three weeks.
The daily London update: Moving news from the FTSE 100 and around the world from City A.M.'s newsroom in the heart of the Square Mile.