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Restaurants and cafes are closing down in Russia at the fastest pace since the start of the war in Ukraine four years ago as consumption stalls even in affluent Moscow. Source: reuters.com
Bangko Sentral ng Pilipinas lowered its benchmark overnight reverse repurchase rate by 25 basis points to 4.25% from 4.50% on Thursday. Source: wsj.com
Upheaval at Davos changed calculus on finding permanent chair, according to people familiar with discussions Source: ft.com
National Economic Council Director Kevin Hassett said Wednesday that researchers at the New York Federal Reserve who produced a study finding American businesses and consumers are shouldering 90% of the cost of President Donald Trump’s tariffs should be “disciplined.” Source: cnn.com
Source: gov.ca.gov
The career services hotlines are busier than usual at HK, one of Denmark’s largest unions. On the phones are office workers, computer scientists and laboratory technicians anxious about their professional futures. Just a year ago, Danes were enjoying the spoils of a national hiring spree. Now, career transitions and reskilling are top of mind. A […]
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Fidelity’s Jurrien Timmer, Williams Trading’s Sam Poser, Bank of America’s Wendy Stewart, Wellington Management’s Jean Hynes, Franklin Templeton’s Dina Ting, Travel + Leisure’s Michael Brown, Coach’s […]
Billionaires threaten to leave the state to avoid paying a tax that would replace the US government’s cuts to Medicaid. Source: aljazeera.com
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy The Big Story Hassett lashes out at Fed researchers for tariff a… Source: thehill.com
The International Monetary Fund faulted China’s economic policies for causing waste at home and damage abroad and called for a reorientation by Beijing to embrace a model based on domestic consumer spending. Source: bloomberg.com
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