Wednesday, December 25, 2024

Economy

Poor performance is ‘bad’ in the long run for active fund managers

The Standard & Poor's 500 Trading may be around 2022 lows, but a new report finds active managers are having their best year since...

International Coffee Day discounts at Burger King, IKEA and more

Coffee lovers rejoice.October 1 marks World Coffee Day - a holiday created by the International Coffee Organization in 2014 to celebrate coffee lovers around...

Japan spent a record $20.0 billion on intervention to prop up the yen

The intervention drains approximately 15% of readily available fundsJapan can avoid selling US Treasuries for now - AnalystsImpact of further intervention may wane -...

Wall Street records its third consecutive quarterly loss with rising inflation and a looming recession

S&P 500 records biggest September percentage drop in 20 yearsAll three major US stock indexes have fallen in three quartersCore inflation data is hotter...

Fed Vice Chairman Brainard warns of early rollback in the fight against inflation

Lyle Brainard, a member of the US Federal Reserve Board, speaks after US President Joe Biden nominated her to serve as Vice Chair of...

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