US rose in March, beating expectations and posting the strongest increase in more than three years, but a significant portion of the spending was driven by gasoline sales—an effect of the spike in energy costs due to the Iran war. The…
A mass trial of 486 suspected MS-13 gang members has begun in El Salvador, the country's attorney general's office has said.Footage released by the attorney general's office shows large groups of men in prison attending the trial via…
As progress on malaria stalls, the case for local research in Africa is stronger than ever, write Edwine Barasa of KEMRI-Wellcome Research Programme and David Mukanga at the Gates Foundation.
As we mark World Malaria Day (25 April),…
Market rally marches on, as do solid earnings results.Â
The rally is broad-based. This is best seen in the even-weighted outpacing the market-weight, along with small caps being stronger than large caps. A big driver of the current…
Thank you, David and thank you to Brookings for having me speak today.1 Whenever anyone hears the words "Federal Reserve" they immediately think about monetary policy and the…
For many traders, the first hour of the trading day provides the most important clues about where price is likely to go.
Professional futures traders pay close attention to this period because it often reveals where institutions are…
British neobank Revolut seems to be eyeing a major valuation bump when it eventually goes public. The company is targeting a market cap between $150 billion and $200 billion in an initial public offering, the Financial Times reported on…
Responding to the Sunday Times report in December about Lord Doyle's previous campaigning for Morton, after his peerage was announced, No 10 told the newspaper the pair's past association was "thoroughly investigated, including through…
Kevin Warsh’s confirmation hearing to be the next Fed Chair will see him having to tread a fine line between making the case for lower borrowing costs, which helped him get the nomination from the President, and preserving the Fed’s…
US market rally surprises hedge funds as jet fuel constraints build across Europe and Asia.Are V-Shaped Rebounds Becoming the New Normal for the ?Deutsche Bank notes that the speed of the latest rally has been remarkable, with the index…