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Fed’s Preferred Inflation Gauge Seen Staying Elevated
(Bloomberg) -- Perhaps the Fed's preferred measure of underlying rate pressures remained elevated in February, keeping officials in a precarious place as they seek to balance an anti-inflationary solution with stress on the banking…
Why does Warren Buffett love Apple and hardware tech? One analyst may have the answer
Eric Francis It's no secret that in the past, Warren Buffett and Berkshire Hathaway (BRK.A) (New York Stock Exchange: BRK.B) Avoid investing in technology stocks. But in recent history, this slogan has changed, as the group has made…
Wine growers fear funding will wither after fall of Silicon Valley Bank
As venture capitalists and tech founders exchanged frenzied WhatsApp messages that fueled a historic rally on a Silicon Valley bank on March 9, the lender's other important clients were toiling in the dirt, oblivious to what was…
Investors brace for week of turmoil amid banking woes, interest rate hikes: ‘Things break when…
Global financial markets are preparing for another turbulent week, as traders close A Amazing month Cascading concerns about US and European lenders dominated sentiment and complicated central banks' fight against inflation.
FX markets…
State close to approve Kenya Airways restructure plan
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The country is about to approve Kenya Airways' restructuring plan
Friday, March 24, 2023
Kenya Airways CEO Allan Kilafuka. file image | Diana Ngella | NMG
The Kenya Airways CEO told Reuters that the Kenyan government…
Business Champion Award winners 2023 announced
A glittering night of celebration for the 140 finalists in the UK for the Business Champion Awards.
Over 300 guests filled East Wintergardens in London's Canary Wharf and again hosted by the nation's favorite broadcaster, Huw Edward's,…
As banking sector confidence falters, central banks called on to do more
breadcrumb links PMN Business Article author: Posted March 26, 2023 • 3 minutes to read Article content NEW YORK - Some investors and analysts are calling for more coordinated interventions by central banks…
Shekel rollercoaster amid political drama
Much has been said about the effects of the drama and uncertainty in the Israeli political arena in the crisis caused by the disagreement among Israelis in particular over the fluctuations of the shekel and external…
US House speaker says lawmakers to move forward with TikTok bill By Reuters
© Reuters. FILE PHOTO: A person holds a smartphone as the Tik Tok logo appears behind him in this pictogram taken November 7, 2019. REUTERS/Dado Ruvic/File Photo
Written by Kanishka Singh and Leah Douglas WASHINGTON (Reuters) - U.S.…
Dow Jones Futures: Quiet Bank Weekend For Market Rally; Microsoft, Tesla Near Buy Points
Dow futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The banking crisis remains in focus, but headlines have been relatively modest so far this weekend.
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The stock market rally is still going…
