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World Bank Forecasts Sri Lankan Economy to Shrink by 4.3%
4.3%

World Bank Forecasts Sri Lankan Economy to Shrink by 4.3%

Amid the ongoing economic crisis, the Sri Lankan economy is projected to
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Pete Sadler
Surprise Half-Point Rate Hike by RBNZ Causes Jump in Kiwi
Banking

Surprise Half-Point Rate Hike by RBNZ Causes Jump in Kiwi

New Zealand’s central bank unexpectedly raised interest rates by 50 basis
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Pete Sadler
Swiss Regulator Warns of Full-Scale Bank Run if Credit Suisse Goes Bankrupt
bank

Swiss Regulator Warns of Full-Scale Bank Run if Credit Suisse Goes Bankrupt

Allowing the bankruptcy of troubled lender Credit Suisse would have crippled Switzerland’
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Pete Sadler
ECB Officials Unite in Support of Ending Rate Hikes Soon
Banking

ECB Officials Unite in Support of Ending Rate Hikes Soon

A growing chorus of European Central Bank officials predicts that interest-rate increases
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Pete Sadler
Saudi Arabia Increases Oil Prices to Asia in Response to OPEC+ Surprise Cuts
arabia

Saudi Arabia Increases Oil Prices to Asia in Response to OPEC+ Surprise Cuts

Saudi Arabia hiked official selling prices for all of its oil sales
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Pete Sadler
UBS Chair Expects Credit Suisse Integration to Last Up to Four Years
Banking

UBS Chair Expects Credit Suisse Integration to Last Up to Four Years

UBS Group AG Chairman Colm Kelleher said the integration of Credit Suisse
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Pete Sadler
S&P 500 and Treasury Yields Drop as Recession Worries Intensify Amidst Soft Data
$500

S&P 500 and Treasury Yields Drop as Recession Worries Intensify Amidst Soft Data

U.S. stocks lost ground on Wednesday and Treasury yields extended their
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Pete Sadler
World Bank Nominee Banga Backs Lending Expansion and Promises More
and

World Bank Nominee Banga Backs Lending Expansion and Promises More

The U.S. nominee to run the World Bank, Ajay Banga, said
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Pete Sadler
Switzerland Lowers Bonus Payouts for Credit Suisse's Senior Management
Banking

Switzerland Lowers Bonus Payouts for Credit Suisse's Senior Management

Switzerland has instructed Credit Suisse (CSGN.S) to cancel or reduce all
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Pete Sadler
Inverted US Yield Curve Expected to Worsen, According to PGIM's Greg Peters
according

Inverted US Yield Curve Expected to Worsen, According to PGIM's Greg Peters

The US yield curve is set to invert even further, barring a
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Pete Sadler
Gen Z's Impending 'Student Loan Cliff' Could Have Major Repercussions for the American Economy, Experts Say
‘student

Gen Z's Impending 'Student Loan Cliff' Could Have Major Repercussions for the American Economy, Experts Say

Millions of Gen Z grads have never had to pay their monthly
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Pete Sadler
Billionaire Leon Cooperman Signals More Economic Turmoil and Recommends These 2 Stocks as Safeguards
and

Billionaire Leon Cooperman Signals More Economic Turmoil and Recommends These 2 Stocks as Safeguards

We’re in a turbulent economic environment right now, and the headwinds
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Pete Sadler
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