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Eshe Nelson
Posts
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Why the Price of Gold Keeps Going Up
The precious metal, considered a haven asset, is usually sought out by investors during times of turmoil.
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Britain’s Economy Squeezes Out 0.1% Growth
The unexpected increase eases pressure on the government, which has been trying to spur investment and development.
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Bank of England Cuts Interest Rates as British Economy Weakens
The central bank cut rates for the third time in about six months as it said growth had been weaker than expected.
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Novo Nordisk Annual Sales Jump on Demand for Ozempic and Wegovy
The Danish maker of Ozempic and Wegovy reported a 25 percent increase in sales to $40.6 billion, but said it expected slower growth this year.
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European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
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U.K. Government Backs Heathrow Expansion in Push for Faster Growth
The country’s top finance official supported adding a third runway to the London hub, a decision that has been held up for decades, and other...
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Big Banks Quit Climate Change Groups Ahead of Trump’s Term
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.
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Soaring Bond Yields Put U.K. Government’s Economic Plan at Risk
Investors are demanding sharply higher yields on government bonds, threatening to upend the Labour Party’s plans to reinvigorate a stagnant British economy.
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Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty
Stubborn inflation, tax rises and high interest rates makes it difficult for many to muster optimism, at least in the short term.
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Global Central Banks Gird Themselves for Another Trump Term
Central bankers are alert to the risk that global trade tensions will make managing inflation more challenging.