Bank of Canada Governor warns against political interference amid rate hike debate
The Governor of the Bank of Canada, Tiff Macklem, has issued a warning about the potential risk to the bank's...
Economy
State Farm reports dramatic drop in catalytic converter theft claims
Insurance giant State Farm says claims over the theft of catalytic converters are down significantly this year after skyrocketing in...
Treasury yields end at some of 2023’s highest levels ahead of GDP, inflation data
Two- through 30-year Treasury yields jumped on Wednesday, sending long-term rates back to some of their highest levels of this...
Global Conflicts Unlikely to Impact Economy, Says Standard Chartered CEO
Standard Chartered (OTC:)'s CEO, Bill Winters, expressed his view at the Future Investment Initiative conference in Riyadh, also known as...
Biden says he’s not worried House Speaker Johnson will try to throw out election results
President Joe Biden on Wednesday said he’s not worried that new House Speaker Mike Johnson will try to overturn the...
Analysis-Argentina’s clash of economic models stirs investor fears
By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) - Argentina's presidential election run-off next month will pitch big...
Battery maker warns demand could slow for EVs as GM-Honda partnership falls apart
High interest rates and global economic uncertainty could upset climate regulators and automakers who have bet big on the global...
Opinion: China is ignoring this painful Achilles’ heel threatening its economic growth
Chinese President Xi Jinping recently sought to assure a bipartisan delegation of U.S. senators that China and the United States could still...
UBS sees peak in yields
UBS Global Wealth Management Chief Investment Officer believes we are close to the peak in yields after the rose above...
As Mike Johnson becomes House speaker, analyst puts risk of government shutdown at 20% to 30%
Could newly elected U.S. House Speaker Mike Johnson deliver a partial government shutdown next month? Don’t bet on it, according...
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