News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. DUBAI, United Arab Emirates–(BUSINESS WIRE)– Under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the 8th World Green Economy Summit...Read More

WASHINGTON — Federal Reserve Vice Chair Lael Brainard said Friday that U.S. interest rates will likely have to remain high for an extended period to combat inflation, capping a week of tough rhetoric by Fed officials. In remarks at a conference hosted by the Federal Reserve Bank of New York, Brainard said that international turmoil...Read More

Economists warn that the dollar will soon exceed the threshold of 200 Cuban pesos. (EFE) Independent economists do not rule out that the exchange rate will soon exceed the 200 bar and even reach 300 pesos to the USD. HAVANA TIMES – The exchange rate in the informal market in Cuba is about to break...Read More

In summary California’s economy, which contracted into recession during the COVID-19 pandemic and then exploded, may be headed downward again due to national and global economic trends. SIGN UP FOR A WEEKLY ROUND-UP OF DAN’S COLUMN EVERY FRIDAY California’s economy exploded as the state emerged from a relatively brief but severe recession caused by business...Read More

There is a global economic crisis at play here. More than a decade of cheap money is coming to an end, and global economies are now playing catch-up. The punch bowl is now being taken away, and chaos is ensuing. The Great Britain Pound (GBP) hit its lowest point against the US$ only last week...Read More

Istanbul, a melting pot of historic European and Asian influences, is home to sites like the Hagia Sophia and the Blue Mosque. The city straddling Europe and Asia is also home to the Grand Bazaar and vibrant nightlife. And now, you can experience the rich culture and history of Istanbul with premium economy fares to...Read More

It was an action-packed week on the global currency market. The US dollar index surged to another 20-year high of 114.78, the British Pound and the Indian Rupee tumbled to a new low against the greenback and the Chinese Yuan fell to a 14-year low versus the US dollar. The hawkish stance of the US...Read More

When the government of British Prime Minister Liz Truss unveiled the details of her first budget one week ago—with a major tax cut for the country’s highest earners at its center—panic ensued: Britain’s currency fell in value to historic lows, the interest rate on government debt increased, and the Bank of England was forced into...Read More

RALEIGH – The president and CEO of the Federal Reserve Bank of Richmond believes that the economy is showing strength. That’s despite feeling that the U.S. economy was on the brink of an economic recession as recently as two months ago, said Tom Barkin, at a Thursday event sponsored by Wake County Economic Development. Now, though,...Read More

Chief Economists are mostly in agreement that the outlook for the economy is bleak and that recession is likely. This new reality will take its toll on inequality and widening societal gaps. Four experts explain how policies might address the immediate crisis with an eye to beefing up resilience in the long term. The latest...Read More