A hard landing as China transitions to slower economic growth poses the biggest threat to the global economy, said Ken Rogoff, Harvard professor and former chief economist of the International Monetary Fund. “I think the […]
The Bank of England is adding corporate bonds to its shopping list when it launches a series of reverse auctions Tuesday, focusing first on utilities and industries. Market participants fear expanded quantitative easing will dampen […]
Iconic hedge fund firm, Perry Capital, is shutting down its flagship hedge fund, according to a letter sent to investors Monday. “Although I continue to believe very strongly in our investments, process and team, the […]
The Federal Reserve has proposed rules that would force banks that invest heavily in commodities and energy to hold more capital against costly accidents. The Fed says the rules would “better address the potential legal, […]
Google’s virtual-reality development kit is coming out of beta for a full launch. Developers can use the kit to create VR experiences for Daydream-enabled phones and headsets, part of Daydream’s mission of applying VR to […]
The German economy heavily relies on an anomalous trade surplus, said Peter Praet, a European Central Bank Executive Board member, and he urged the government to work toward lower taxes, higher wages and investment to […]
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