Recent Posts

India Sensex falls to two-month low

Bloomberg India stocks plunged in a last-hour selloff as investors weighed positions ahead of the national election results due next week and as escalation in the trade war between the US and China remained an overhang on the region’s risk assets. The S&P BSE Sensex dropped 1 percent, after fluctuating between gains and losses for most of the session. The ...

Read More »

Kashkari adds income inequality to argument for Fed’s low rates

Bloomberg Federal Reserve officials are speaking out about rising inequality and the harm it does the US economy, but most still hesitate to say monetary policy can do much to help. Neel Kashkari is starting to sound like an exception. Since becoming president of the Minneapolis Fed in 2016, he’s been a consistent dove, arguing for keeping interest rates lower ...

Read More »

Not all banks are evil, says German finance app to clients

Bloomberg Germany’s latest banking upstart has a message for the millennials it’s trying to lure away from giants like Deutsche Bank AG: We’re one of the good guys. Hamburg-based Tomorrow, which offers free current accounts via mobile phones, promises to use customer deposits to finance only sustainable projects such as renewable energy and organic agriculture. The company claims that its ...

Read More »
Send this to a friend