Sweden’s central bank raised its benchmark rate at a sharper-than-expected pace on Tuesday and signaled more hikes to combat high inflation. The Executive Board of Riksbank decided to raise the policy rate by 1 percentage point to 1.75 percent and…
Read MoreBeyond Meat COO suspended after altercation
video FOX Business Flash top headlines for September 20 Check out what’s clicking on FoxBusiness.com Beyond Meat said Tuesday it has suspended Chief Operating Officer Doug Ramsey following his arrest for allegedly biting a man's nose during an altercation over…
Read MoreRailroad strike deal shows ‘sign’ that labor movement has ‘enormous amount of power’: FreightWaves CEO
video Railroad labor deal shows ‘sign’ that workers have ‘enormous amount of power’: FreightWaves CEO FreightWaves CEO Craig Fuller argues that the tentative railroad strike agreement has ‘empowered’ the labor movement. After the Biden administration brokered a labor deal between…
Read MoreIs Philip Lowe right to say our taxes might have to rise?
It appears our Reserve Bank governor is warming to his new role as the nation’s bad-news-deliverer-in-chief. Having already announced the most aggressive series of interest rate rises since the 1990s, Philip Lowe raised eyebrows again on Friday during a routine,…
Read MoreMemphis families suffering from ‘shrinkflation’ over high gas and grocery prices, but don't blame Biden
video Memphis families suffering from ‘shrinkflation’ over high gas and grocery prices but don’t blame Biden People in Memphis, Tennessee detailed their struggles with high gas and grocery prices as inflation remains painfully high. "You are paying the same amount…
Read MoreAfter years of chaos, can travel agent Flight Centre stick the landing?
After a torrid few years of grounded flights and shuttered borders, travel agency behemoth Flight Centre says its future looks bright, amid a post-lockdown world packed with seemingly insatiable demand for tourism. Flight Centre had a rough time during COVID-19,…
Read MoreAmericans' inflation expectations dropped again in August, New York Fed says
video Fed is slowing economy by decelerating hiring: Apollo Global Management chief economist Apollo Global Management chief economist Torsten Slok analyzes the U.S. economy as the Federal Reserve tries to bolster the alleviation of inflation rates, on ‘Barron’s Roundtable.’ Consumer…
Read MoreInflation now causing financial pain for most Americans, survey shows
video Investors await key inflation data as Fed expected to raise rates again Former president of the Kansas City Federal Reserve Thomas Hoenig joined ‘Maria Bartiromo’s Wall Street’ to discuss whether or not the Federal Reserve will raise interest rates…
Read MoreThe world’s third-richest man sells a green dream built on coal
Early one evening in April, Asia’s newly minted richest person strode onto the stage of the National Centre for the Performing Arts, in Mumbai. Stocky and mustachioed, Gautam Adani was there to deliver a speech at the India Economic Conclave,…
Read MoreArk Invest's Cathie Wood predicts inflation will see 'major downside surprises' in coming months
video Cathie Wood predicts ‘major downside surprises’ in inflation in the next 3 to 6 months Ark Invest CEO and CIO Cathie Wood discusses the Fed, her inflation outlook, investments and cryptocurrencies in a wide-ranging interview on ‘Mornings with Maria.’…
Read More