Inflation dove Paul Krugman, hawk Larry Summers converge ahead of Fed meeting

As the calendar ticks over to 2023, signalling a new phase in the months-long fight against record inflation, America’s two leading left-of-center economists—Paul Krugman and Larry Summers—continue to...

White House sees $4.7 billion from insurance companies over 10 years from Medicare Advantage...

The Biden administration estimated Monday that it could collect as much as $4.7 billion from insurance companies with newer and tougher penalties for submitting improper charges on the...

Despite hitting debt ceiling, Treasury plans to borrow $932 billion in first quarter of...

The Treasury Department said Monday it plans to increase its borrowing during the first three months of 2023, even as the federal government is bumping up against a...

UBS profits rise after Credit Suisse client defections

UBS enjoyed a 23 per cent rise in pre-tax profits in the final quarter as it benefited from clients switching from rival Credit Suisse.The Swiss bank on Tuesday...

‘Colossal’ central bank buying drives gold demand to decade high

Demand for gold surged to its highest in more than a decade in 2022, fuelled by “colossal” central bank purchases that underscored the safe haven asset’s appeal during...

Gautam Adani’s $2.4bn share sale enters final hours

Gautam Adani’s $2.4bn equity sale has received bids for just over 60 per cent of shares on offer as it enters its final hours, with the Indian billionaire...

Simon Case: can the head of Britain’s civil service survive?

Simon Case, Britain’s youngest ever head of the civil service in recent times, has been in post for little over two years, but some in the country’s mandarin...

Jobs and wages boom in America’s busiest oilfield

At the Burger King outlet in central Hobbs, New Mexico, a new sign has been plastered across the front window: “NOW HIRING: COOKS/CASHIERS APPLY WITHIN!” Similar notices proliferate...

Finland prepares to go solo if Turkey stymies Sweden’s Nato bid

Finland, not its larger neighbour Sweden, has taken the lead throughout the year-long application process to become Nato members. Now there are growing signs that Sweden could be...

Britishvolt founder to bid for bankrupt battery start-up

The ousted founder of Britishvolt is preparing a bid to try to buy back the defunct battery start-up out of administration, according to people with knowledge of the...

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Crypto Industry Cuts Jobs Despite Bitcoin Highs

Significant crises and unpleasant events negatively impacted Bitcoin and other crypto asset prices in 2022. Some notable events include the collapse of Terra...

Dogecoin superfans push meme coin to 2-month high as Elon Musk considers crypto payments...

Dogecoin is on a rip, and, once again, it’s thanks to Elon Musk. On Monday, the Financial Times reported that Twitter is finally preparing...

Feds To Spend $25M To Entice Food Stamp Recipients To Eat More Fruits, Vegetables

By Tom Gantert (The Center Square) The U.S. Department of Agriculture’s Food and Nutrition Service will invest $25 million into three states to encourage...