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RBC Capital Markets strategists expect the euro to strengthen to $1.24 in the fourth quarter of 2026 from its current $1.1759. They argue the European …
The Wall Street Journal (gated) with the report. In brief: Saks Global is considering selling 49% of Bergdorf Goodman for about $1 billion to unlock …
Axios carried the report that the US Bureau of Labor Statistics postponed the release of a key annual report central to future inflation data. the …
European Central Bank (ECB) Governing Council member Edward Scicluna said current interest rates are appropriate and there is no immediate need for change. He noted …
South Korean President Lee Jae Myung warned that Seoul could face a financial crisis similar to the 1997 meltdown if it accepts U.S. demands for …
European Central Bank (ECB) Governing Council member Martins Kazaks said inflation hovering slightly below 2% is acceptable, stressing that the central bank should avoid knee-jerk …