Banking and Financial Institutions – Page 153

Economists Warn a Summer of Fun Could Lead to Autumn Pain

Consumers are splurging on expensive but fun experiences, from nights out to concerts — and that may force central banks to keep raising rates.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Banking and Financial Institutions Compensation for Damages (Law) Epstein, Jeffrey E (1953- ) JPMorgan Chase & Company Manhattan (NYC) Sex Crimes Suits and Litigation (Civil) United States Virgin Islands (US)

JPMorgan’s Epstein Settlement Sets No Cap or Minimum on Claims

A claims administrator will determine how to disburse $290 million in funds from JPMorgan’s deal with alleged victims of sexual abuse.

By Matthew Goldstein

Banking and Financial Institutions Global Warming International Monetary Fund International Relations Macron, Emmanuel (1977- ) Paris (France) Politics and Government World Bank

Global Climate Economy Conference Begins in Paris

Hundreds of representatives from about 80 countries are gathering in Paris to talk about rebuilding a monetary system many say is ill-suited to a changing planet.

By Catherine Porter

Bank of England Banking and Financial Institutions Government Bonds Great Britain Inflation (Economics) Interest Rates Mortgages

U.K. Inflation Remains Stuck at 8.7 Percent

The rate, which had been expected to edge lower in May, shows that Britain’s cost-of-living crisis persists, and is likely to prompt the Bank of England to raise interest rates again.

By Eshe Nelson