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Economy

Economy

Peterson Institute study casts doubt on Chinese help for Russia

Placeholder while article actions load Global exports to Russia fell sharply after the Ukraine invasion, not only from Western countries that enacted sanctions but also from non-sanctioning countries including China, …

Peterson Institute study casts doubt on Chinese help for Russia Read More
Economy

How to Calculate Your Personal Inflation Rate (and Why You Should)

Photo: Africa Studio (Shutterstock) If you’ve checked the news even once over the past few months (or tried to buy basically anything)you know the United States is currently dealing with …

How to Calculate Your Personal Inflation Rate (and Why You Should) Read More
Economy

Luxottica founder Leonardo Del Vecchio dies aged 87

Leonardo Del Vecchio, the billionaire founder of eyewear group Luxottica who rose from a childhood spent in an orphanage to become Italy’s second-richest man, has died at the age of …

Luxottica founder Leonardo Del Vecchio dies aged 87 Read More
Economy

Loneliness and proximity bias: Two major hybrid work realities managers must get right

Managers must think about two significant features of the hybrid office world – proximity bias and loneliness. Proximity bias involves giving intentional or unintentional disparate treatment to the people closest …

Loneliness and proximity bias: Two major hybrid work realities managers must get right Read More
Economy

The Daily Chase: Crypto faces Lehman-like moment; G7 gets tougher on Russia

It’s a broadly positive mood in equity markets this morning after stocks surged into the weekend. It also feels like shoulder season for investors ahead of a long weekend in …

The Daily Chase: Crypto faces Lehman-like moment; G7 gets tougher on Russia Read More
Economy

Guilty: Credit Suisse hit with money laundering conviction | Banks News

The verdict is the first ever criminal conviction of a major Swiss lender in the country’s history. Cocaine. Stashes of cash. A down-on-his-luck Bulgarian wrestler. For days during the February …

Guilty: Credit Suisse hit with money laundering conviction | Banks News Read More
Economy

Bitcoin miners sell their holdings amid crypto winter’s chill

Bitcoin miners have been forced to tap into their cryptocurrency stashes as a plunge in prices, rising energy costs and increased competition bite into profitability. The number of coins miners …

Bitcoin miners sell their holdings amid crypto winter’s chill Read More
Economy

World at ‘tipping point’: if inflation becomes entrenched, it’ll trigger ‘major paradigm shift’ – BIS

(Kitco News) The top economies of the world are at a tipping point. If inflation becomes entrenched, it will trigger “a major paradigm shift,” the Bank for International Settlements said …

World at ‘tipping point’: if inflation becomes entrenched, it’ll trigger ‘major paradigm shift’ – BIS Read More
Economy

Abysmal manufacturing surveys are the latest signs of a major economic slowdown

Dismal regional manufacturing readings are sounding alarm bells that business activity is slowing down heading into the summer. The latest bad news came Monday out of Texas, where the Dallas …

Abysmal manufacturing surveys are the latest signs of a major economic slowdown Read More
Economy

We can not stop the war in Ukraine but we can prevent it causing world hunger | Bob Geldof

So here we are. The pound has slumped and Britain has the lowest growth and highest inflation in the G7. Manufacturing output has stalled and the financial markets are advising …

We can not stop the war in Ukraine but we can prevent it causing world hunger | Bob Geldof Read More

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