President Trump vs. the Fed: Larry Summers Warns of a Credibility Crisis
President Trump’s push to oust Fed governor Lisa Cook and to change the composition of the FOMC raises questions about…
German Ruling Tests London’s Status as Go-To Restructuring Hub
Frankfurt court set aside restructuring deal approved in London Source: Original
Junk Bonds Are the New High Grade Bonds
Junk debt is about as safe as investment-grade now, at least according to prices in credit markets. Source: Original
OPEC+ Agrees in Principle to Increase Production in October
OPEC+ has agreed in principle to increase production again next month, according to delegates, as the group doubles down on…
Air Canada Cabin Crew Union Resoundingly Rejects Pay Package
«`html Air Canada Flight Attendants Firmly Reject Proposed Pay Package In a significant move, the majority of Air Canada’s over…
OPEC+ to Dominate Singapore’s Glitzy Oil Bash as Surplus Looms
An expected move by the world’s top oil-producing nations to once again increase output will set the tone for Asia’s…
France Political Mess Poses ‘Long-Lasting’ Risk to Stocks, Bonds
For investors, the risk from France’s unstable politics lies beyond Monday’s confidence vote in Parliament, when François Bayrou is likely…
Political Paralysis Puts France in Market’s Crosshairs
The French government is likely to collapse on Monday after its attempts to deal with a ballooning fiscal deficit were…
Bessent Wants Independent Fed Review, Including Monetary Policy
Treasury Secretary Scott Bessent blasted the Federal Reserve for putting its own independence at risk through “mission creep” and called…
Fed’s Goolsbee Wants Inflation Data Before Making Rate Call
Federal Reserve Bank of Chicago President Austan Goolsbee said he’s still undecided on what course of action he will support…