A better-than-expected Consumer Price Index report triggered a big surge in stocks and bonds, as investors bet that interest rates will begin to fall.
Category: Politics and Government
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German Court Says Government Cannot Shift Covid Funds to Climate Projects
The decision could rip a hole in Berlin’s budget and complicate the transition to a greener economy.
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Biden’s Pacific Trade Pact Suffers Setback After Criticism From Congress
The administration will no longer try to announce the completion of the trade terms this week, after prominent Democrats objected to some provisions.
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More Semiconductors, Less Housing: China’s New Economic Plan
Policymakers, wary of inciting reckless borrowing in real estate, are instead investing heavily in factories and trying to help indebted local governments.
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Rishi Sunak Interviews Elon Musk on Perils and Benefits of A.I.
Some saw the prime minister’s conversation with the tech billionaire as an attempt to raise Britain’s standing with entrepreneurs and tech companies at a time when the country’s economy is languishing.
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In Global Race to Offer Green Subsidies, U.K. Prefers Slow and Steady
Competing against sizable U.S. incentives, Britain is choosing a less expensive route, winning some fans while exasperating others.
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In Global Race to Offer Green Subsidies, U.K. Prefers Slow and Steady
Competing against sizable U.S. incentives, Britain is choosing a less expensive route, winning some fans while exasperating others.
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Jill Biden Wears Lebanese American Designer to the Australian State Dinner
Could the timing be a coincidence? Doubtful.