Wednesday, June 20, 2018

Senate moves to repeal Obama-era car loan rule

Congress just moved a step closer to gutting an Obama-era safeguard against discriminatory auto lending. The...

Fed official: Trade fears are hurting business optimism

Escalating trade tensions have all but wiped out the optimism that businesses felt because of tax cuts,...

The number of new banks in America has fallen off a cliff

THE single-storey main branch of the Texas Hill Country Bank, in Kerrville, sits at the back of a tired shopping centre, in the shade of a six-storey Wells Fargo building....

Fed official worried about recession indicator

A top Federal Reserve official is worried about a warning sign in the bond market. The yield...

There is madness, but perhaps also method, in America’s trade policies

DIVINING meaning in the Trump administration’s trade announcements is a thankless task. No sooner does a policy seem settled than it is thrown up in the air once more. On...

Most investors think 2018 is the peak year for stocks

The nine-year bull market might be on its last legs. Fifty-eight percent of global money managers...

China is killing his business. Tariffs could make or break it

Garry Hartman hoped tariffs would save the factory he runs in Berwick, Pennsylvania. Now he's not so...

Germany’s biggest lender is in the doldrums

JOHN CRYAN has spent almost three years on the thankless task of revitalising Germany’s biggest bank. Deutsche Bank’s shares fetch around €11 ($13.50) each. That is less than half their...

Spotify makes its stockmarket debut

WHEN Spotify, a music-streaming service, went public on April 3rd, its founder, Daniel Ek, rang no bells on the trading floor of the New York Stock Exchange. Rather than the...

Wakandanomics

“THIS will require a quick lesson in global economics…bear with me,” says Erik Killmonger, the muscular villain in “Black Panther”, a long-running Marvel Comics series. In that saga and the...
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NEWS

How developing countries weave social safety nets

SOUP kitchens serve the needy for free; restaurants serve the hungry for money. In parts of South Asia, eateries near mosques sometimes fall...

How open is America?