New Zealand central bank governor Adrian Orr has been reappointed for a second five-year term, giving him the opportunity to complete an aggressive tightening cycle as the bank seeks to regain control of inflation. Finance Minister Grant Robertson reappointed Orr after a “unanimous recommendation” from the Reserve Bank Board, Robertson said on Tuesday in Wellington. Orr’s second term begins on ...

Citigroup Inc is increasing holiday allowances for UK staff, the latest bid by a bank to improve its working culture. From January, new employees will get 27 days of annual leave, increasing to 28 after two years and 29 after five years, Kathryn Skelton, head of human resources in the UK, said in an internal memo seen by Bloomberg. Previously ...

Matthew A. Winkler As Americans cast their votes near the end of Democrat Joe Biden’s second year in the White House, his 42% approval rating and the outcome of such midterm elections historically favoring the party not currently in charge gives the edge to Republicans. But the history of more than a dozen measures of relative prosperity shows Biden outperformed ...