Barclays’ private credit partner struggles to raise new funds
Tie-up with AGL Credit Management launched last year with $1bn from Adia but has attracted little money since
Rocket to buy Mr Cooper in $9.4bn deal to create US mortgage giant
Combined group will service loan book worth more than $2.1tn
Trump Administration Tallies Trade Barriers That Could Prompt Tariffs
The Office of the United States Trade Representative released a report highlighting foreign trade barriers that could influence tariffs the president puts into effect this week.
American Wealth Is at a Record High. Sentiment Is Low, and Falling.
A surge in U.S. wealth has been driven by stock and home values. But the gains are concentrated at the top, leaving others in a sour economic mood.
FEDS Paper: The Evolution of Inflation Targeting from the 1990s to 2020s: Developments and New Challenges
Michael T. Kiley and Frederic S. MishkinSince the initial launch of inflation targeting in the early 1990s in New Zealand and a few other countries, inflation targeting has become the predominant monetary policy strategy in large advanced and emerging market economies. Inflation targeting has been remarkably successful in anchoring inflation, likely owing to core elements of the framework across central banks.
Looking for a job? Understanding how you make career decisions can help
Mix and Match Studio/ShutterstockIf you’re getting ready to leave school or university and are trying to figure out your future career, you may well have been given the advice to start with some self-exploration. This means thinking about what you are like as a person and what you want from a job.
How Beijing plans to bounce back against Trump’s tariffs
China’s president Xi Jinping recently held a meeting with 40 leaders of multinational companies, including BMW and AstraZeneca.
Trump Science Funding Cuts May Hurt Economy, Experts Say
Since World War II, U.S. research funding has led to discoveries that fueled economic gains. Now cutbacks are seen as putting that legacy in jeopardy.
With Car Tariffs, Trump Puts His Unorthodox Trade Theory to the Test
With sweeping auto levies, the president is putting his beliefs about tariffs into practice on the global economy. Economists aren’t optimistic.
Trump Announces 25% Tariffs on Imported Cars and Car Parts
The measure, which is intended to bring car factories to the United States, could significantly raise prices for consumers.
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