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Market News

September 28, 2021
At Least Some in Congress Are Getting Behind the Trillion-Dollar Coin
Last week, I wrote multiple times about an elegant way out of the debt-ceiling crisis: The Treasury can legally mint a $1 trillion coin, use it to...
September 28, 2021
Dan Berkovitz to Become SEC’s New General Counsel Under Gensler
September 28, 2021
Housing-Market Risk Jumps to High in Canada Government Rating
Canada’s housing agency said the country is now at high risk of a sharp correction in home valuations as the continued appreciation in prices...
September 28, 2021
Milley Says China Calls Were Coordinated With Trump Aides
General Mark Milley, head of the Joint Chiefs of Staff, said two calls he made to his Chinese counterparts in the final weeks of the Trump...
September 28, 2021
Bank of Russia’s Computer Says Officials Must Speak More Simply
A computerized neural network has spoken: central banker Elvira Nabiullina needs to use simpler language if she wants more Russians to believe she...
September 28, 2021
SNC-Lavalin Targets Return to Investment-Grade Amid Growth Pivot
The Canadian engineering giant SNC-Lavalin Group Inc. is targeting a return to an investment-grade credit rating as it seeks to reduce risk in its...
September 28, 2021
China’s Coal Shortage Means Higher Prices for the Whole World
September 28, 2021
ECB’s Kazimir Says Boost to Older Tools Not a Given After Crisis
The European Central Bank won’t necessarily have to boost an older bond-buying program when pandemic stimulus is phased out, according to Governing...
September 28, 2021
Kenya Holds Rate at Decade-Low as Inflation Seen in Target
Kenya’s central bank held its key interest rate at a decade-low to aid economic growth as inflation expectations remain anchored within its target...
September 28, 2021
Airlines Add Winter Flights Between U.S., Europe in Sign of Hope