Federal Reserve officials made a stand Wednesday, switching from champions for employment equality to fighters of inflation. Can they pull it off?
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The Fed faces ‘so many unknowns’ now as it digs in to fight against inflation
World
Trump says India will buy oil from Venezuela
U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, helping to replace some of the Russian oil that the world’s third-biggest oil importer buys. “We’ve already made that deal, the concept of the deal,” Trump told reporters aboard Air Force One as he traveled to his vacation home in Florida from Washington. […]
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India’s finance minister projects modest fiscal consolidation in budget
India’s government plans a modest improvement in its fiscal picture in the coming financial year, with reductions in the fiscal deficit and debt, while boosting manufacturing in sectors ranging from textiles to chips. Finance Minister Nirmala Sitharaman, in her ninth consecutive budget speech, said on Sunday that the government sees its fiscal deficit falling to […]
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World
AstraZeneca is listing in New York, as Big Pharma balances the huge U.S. market with China’s tempting innovation
Pharma giant AstraZeneca will list on the New York Stock Exchange on Monday, days after it announced big commitments on the other side of the world. Like the rest of Big Pharma, the company has a balancing act. It wants a close relationship with the U.S., its biggest market, and the listing is intended to […]
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