Fed Chairman Jerome Powell in a bank symposium in Sweden emphasized the need for...
WHO Recommends Travelers to Wear Masks as New Covid Variant “XBB.1.5” Spreads
The World Health Organization (WHO) urged travelers to wear masks on long-haul flights on...
World Bank Slashes 2023 Global Growth Forecast, Warns of Recession
The World Bank slashed its 2023 growth projections for most countries to levels on...
Microsoft Looks to Invest $10 Billion in “OpenAI”
Microsoft Corp is in negotiations with OpenAI, the owner of ChatGPT, with an investment...
Investors Look Positive as Short-Term Inflation Expectations Edge Lower
The New York Fed’s survey of 1-year-ahead inflation expectations continued to decline in December,...
Oil Prices Fall as Markets Await Clarity on Fed’s Rate Hike
Oil prices dropped slightly on Tuesday, wiping out some of the previous session's gains,...