Bank of England urged to stop QE and take inflation seriously
The Bank of England should scrap the final £50 billion of its planned quantitative easing and deliver a clear signal that it is worried about rising inflation at this week’s policy decision, The Times’s shadow committee of ratesetters has said.Tomorrow’s vote, which will be published alongside the B
The Times · 35 minutes ago · By Philip Aldrick, Economics Editor
Prudential Financial Stock To Top The Estimates In Q2?
The insurance giant surpassed the earnings estimates in the last quarter, mainly driven by lower benefits and expenses as a % of revenues, leading to a significant increase in its net income from -$270 million to $2.8 billion in the quarter...
Forbes · 23 hours ago · By Trefis Team
Thousands flee homes as heat wave fuels Greek wildfire
Thousands of people fled their homes north of Athens on Tuesday as a wildfire broke out of the forest and reached residential areas. The hurried evacuations took place just as Greece grappled with its worst heat wave in decades.
New York Post · 6 hours ago
Chicago-based Alliant Credit Union ends all overdraft fees as banking industry faces backlash for penalizing struggling customers
Chicago-based Alliant Credit Union eliminated overdraft fees on all of its accounts, becoming the latest financial institution to back off on the penalty for struggling customers.
Chicago Tribune · 7 hours ago · By Robert Channick
Investors Eyeing Bonds For Economic Growth-Rate, Delta And Inflation Concerns
This morning we’re seeing some signs of hope as the market looks like it may give another try at hitting those highs. The question is whether markets will be able to hold on to this morning’s bounce.
Forbes · 23 hours ago · By JJ Kinahan
Local Governments Should Use Budget Surpluses to Pay Down Debt
If California's cities and public agencies are experiencing a large surplus, they should look to pay off debt, including other post-employment benefits liabilities. If California's cities and public agencies are experiencing a large surplus, they should look to pay off debt, including other post-employment benefits liabilities.
Reason Foundation · 8 hours ago
© Copyright 2020 - 2021 All Rights Reserved