The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data today, and according to the report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in eighteen months. According to the BLS, Consumer Price ...
The owner of Facebook and Instagram will cut another 10,000 jobs, months after laying off 11,000 staff, as the technology group prepares for years of economic disruption. Meta Platforms unveiled a fresh wave of redundancies as it battens down the ...
The number of companies entering insolvency rose by almost a fifth last month as a result of the cost of living crisis and higher interest rates. Registered company insolvencies increased by 17.5 per cent year-on-year to 1,783 in February, according ...
NatWest is limiting the amount of money customers can transfer to cryptocurrency exchanges. From today, customers will be able to transfer a maximum of £1,000 a day to such exchanges, and no more than £5,000 per month. The bank says ...
SEOUL – South Korean President Yoon Suk Yeol said on Wednesday that cooperation with Japan is vital in confronting North Korea’s growing threats and protecting global supply chains, calling on both countries to not snarl relations in domestic politics. Mr. Yoon made the remarks in a written interview with international media, including Reuters, as he prepares ...
SINGAPORE – Cryptocurrency exchange Coinbase will let customers in Singapore move funds to and from accounts via local banks, smoothing one path to investing in digital assets at a time when markets are on edge over financial stability and crypto banking. Transfers, in ...
SUKARAJA, Indonesia – As plans by Indonesia’s president to build a new $32 billion capital city on Borneo island slowly start to take shape, the once sleepy settlement of Sukaraja is being rapidly transformed. Headman Rizki Maulana Perwira Atmadja, 38, said land ...
WASHINGTON– The US government launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank SIVB.O, the largest bank collapse since the 2008 financial crisis. The measures seem, at least so far, to have stemmed ...
Folks are calling the FED opening swap lines on the entire US Banking deposit base to the tune of $17.6 trillion as QE infinity. Moody’s cut its outlook on the banking system to negative, saying that it is a rapidly ...
Resources are scarce even when money is not. Original Article: “A Permanent Wartime Economy” This Audio Mises Wire is generously sponsored by Christopher Condon. ...