Economy

4 reasons why Bank of America is in 'risk-off' mode for the next month

The near-term case against stocks is growing, according to Bank of America.

For restaurants Covid-19 was a crisis

Low-interest loans kept many eateries afloat. But the industry never recovered enough for them to repay the debt

Longtime money columnist on the advice everyone needs to hear: 'If debt was a person I would slap it'

Michelle Singletary rejects 'good debt,' supports living with parents to save and says folks knowing your numbers is key to beating the affordability crunch.

Stock fixing scandal could see Turkish companies frozen out of global indexes

Turkey's status as an emerging market is also at risk.

Norway's $2 trillion wealth fund was frozen out of major defense companies. That may be about to change

Existing ethical rules mean the fund is not permitted to invest in companies like Lockheed Martin and Boeing.

Marco Rubio to visit Indian billionaire Ambani's refinery in Gujarat as U.S. diesel prices surge

Not only is Ambani's Reliance investing in a U.S. refinery and buying Venezuelan oil, but its strong ability to supply diesel has put Jamnagar on the map during Rubio's visit.

The IPO drought is driving private equity-owned companies to the debt market to pay investors

Private equity firms are increasingly using debt-funded dividend recaps to return cash to investors as exits remain subdued.

One Singapore ship was sunk, but here's why others are still transiting the Strait of Hormuz

Singapore vessels are set to continue navigating the perilous Strait of Hormuz despite attacks on two container ships, said maritime experts.

Fed's Warsh withholds rate signal, praises recent global tightening with 'no free riders'

Warsh refrained from signaling another interest rate hike this month, pointed to a "synchronous tightening" by central banks in the fight against inflation.

‘People’s dignity, and democracy, is at stake’: meet the economist ditching ideology for reality

Exclusive: Isabella Weber prescribes a common-sense solution to poverty, inequality and fascism – making life’s essentials affordable for all

Hybe shares jump 10% as K-pop sensation BTS' tour lifts earnings hopes

BTS' world tour and rising global demand for newer K-pop acts are fueling earnings expectations, sending Hybe shares soaring.

India's Rupee Forecast to Weaken Toward 100-Per-Dollar Level Even as RBI Pushes Back

The RBI's latest moves have helped the rupee recover from 96.79 rupees per dollar to the 95-level over recent days.