Authored by Daniel Lacalle, More than ninety central banks worldwide are increasing interest rates. Bloomberg predicts that by mid-2023, the global policy rate, calculated as the average of major central banks’ reference rates weighted by […]
The banks financing Elon Musk’s acquisition of Twitter to the tune of $13 billion have abandoned plans to sell the debt to investors due to uncertainty around the social media giant’s future, as well as […]
Credit card debt among Americans continues to rise as regular bills and every day costs continue to get more expensive due to record levels of inflation. CreditCards.com issued a new report which showed 60% of […]
Oil and gas producers drove a surge in share buybacks in the fourth quarter, before energy prices hit their highest in over a decade this year, according to data from S&P Dow Jones Indices. The […]
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