threatens

Market turmoil threatens to undermine inflation-fighting efforts, says BIS

Market turmoil threatens to undermine inflation-fighting efforts, says BIS

Central banks could be forced to prop up crucial parts of the financial system that are vulnerable to higher interest rates, undermining their attempts to fight inflation, the Bank for International Settlements warned on Monday. The BIS, dubbed the bank of central banks, said the crisis that unfolded in Britain’s gilt markets in September underscored …

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Not just the housing market: Recession threatens 'unprecedented' slowdown in manufacturing that will extend into next year

Not just the housing market: Recession threatens ‘unprecedented’ slowdown in manufacturing that will extend into next year

Topline Growing evidence has emerged this week that the Federal Reserve’s interest rate hikes, which have already caused a sudden collapse in the once-hot housing market, have fueled an unprecedented downturn for manufacturers, paving the way for which could lead to a prolonged downturn in the industry. production. ‘One of the biggest deteriorations in world …

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Battle over paid vacation threatens to cripple US economy

Battle over paid vacation threatens to cripple US economy

American railroad workers prepare to strike over their latest negotiations with management. Joe Biden is urging Congress to codify an existing deal as is, calling the timing “critical.” A strike could threaten car and food shipping as well as vacation travel and even drinking water. Loading Something is loading. Thank you for your registration! Access …

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Red drought further threatens DC office market

Red drought further threatens DC office market

Government gridlock is coming for the DC office market. A historically strong midterm performance from the president’s party will mean a tightly divided House and Democrats once again barely in control of the Senate. That means dim prospects for new legislation – which means fewer office upgrades for lobbying firms and advocacy groups seeking to …

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Europe shows united front against Biden's Cut Inflation Act, says it threatens industry

Europe shows united front against Biden’s Cut Inflation Act, says it threatens industry

German Federal Finance Minister Christian Lindner (L) and French Economy, Finance and Recovery Minister Bruno Le Maire (R) both criticized the US Inflation Reduction Act for discriminating against towards European companies. Thierry Monasse | Getty Images News | Getty Images EU member states are strongly opposed to President Joe Biden’s Cut Inflation Act, fearing it …

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