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With Investors on Edge, Fed Minutes Take on New Urgency

Bank of America Corporation Banking and Financial Institutions Federal Reserve System Interest Rates internal-storyline-no Kashkari, Neel T Stocks and Bonds United States Economy

With Investors on Edge, Fed Minutes Take on New Urgency

Inflation fears have led to a sell-off in stocks and bonds in August as the markets fret the possibility of more interest-rate increases.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

China and Hong Kong Stocks Slump as Economic Gloom Spreads

Banking and Financial Institutions China China stocks chinese economy Deflation (Economics) Hong Kong People's Bank of China Stocks and Bonds

China and Hong Kong Stocks Slump as Economic Gloom Spreads

A string of worrying data has taken the fizz out of markets.

By Vivek Shankar

Lebanon Freezes Accounts of Riad Salameh

Banking and Financial Institutions Currency Embargoes and Sanctions Lebanon Salameh, Raja Salameh, Riad

Lebanon Freezes Accounts of Riad Salameh

The action comes days after a U.S.-led coalition accused Riad Salameh of decades of corruption to enrich himself at the expense of his country.

By Liz Alderman

Russia’s Interest Rate Hike Highlights Economic Struggle Amid Ukraine War

Banking and Financial Institutions Central Bank of Russia Currency Economic Conditions and Trends Embargoes and Sanctions Inflation (Economics) Interest Rates International Trade and World Market Nabiullina, Elvira S Politics and Government Prices (Fares, Fees and Rates) Putin, Vladimir V Ruble (Currency) Russia Russian Invasion of Ukraine (2022) Ukraine

Russia’s Interest Rate Hike Highlights Economic Struggle Amid Ukraine War

With the third-largest interest rate increase in a decade to shore up the ruble, Moscow’s policymakers are pursuing the conflicting goals of paying for the war against Ukraine and taming inflation.

By Anatoly Kurmanaev