It’s only March, and investors have already absorbed a hot war in the Middle East, a credit system showing cracks, a brutal tech repricing, and two of the world’s most …
Business
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The Bank of England (BoE) held its benchmark interest rate steady on Thursday but signaled a more hawkish stance as rising energy prices linked to the Middle East conflict threaten …
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The number of Americans filing new applications for unemployment benefits unexpectedly declined last week, pointing to stable labor market conditions and a potential rebound in job growth in March, even …
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Business
US wholesale inflation hits one-year high adding to inflationary concerns
by adminby adminUS wholesale inflation accelerated to its highest level in a year in February, adding to concerns that price pressures remained high even before the Iran war began. Data released by …
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The Bank of Canada held its benchmark interest rate steady on Wednesday, signaling a cautious approach as policymakers balance rising energy-driven inflation pressures against weakening economic growth. Officials led by …
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Business
Lloyds share price crawls back ahead of BoE decision: will the gains hold?
by adminby adminLloyds share price rose for three consecutive days as London stocks continued their recovery today. It rose to 97.45p on March 18, up by 5.95% from its lowest level this …
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Germany is in the midst of a slow-motion economic unravelling — one that is almost entirely self-inflicted. Once the uncontested engine of European prosperity, the country now posts some of …
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The Justice Department’s endeavor to break up Live Nation, Ticketmaster’s parent company, has officially made its way to the courtroom. The antitrust case, which began with jury selection Monday, is …
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Business
United Airlines says it will boot passengers who refuse to use headphones on planes
by adminby adminListen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening to content on their personal devices, and such behavior could …
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Business
China central bank conducts 1.7 trln yuan of outright reverse repos in Jan
by adminby adminSHANGHAI (Reuters) – China’s central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January. The People’s Bank of China (PBOC) said the repo …