FirstFT: UBS to buy Credit Suisse for $3.25bn
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Unchecked corporate pricing power is a factor in US inflation
Profit margins of US companies have reached levels not seen since the aftermath of the second world war.There is a strong correlation between the rising share of corporate profits in…
Things are only getting harder for the Fed
The writer is a professor of economics and public policy at Harvard university and former chief economist at the IMFThe Fed’s expansive actions to prevent the Silicon Valley Bank collapse…
FirstFT: Banks scramble to reassure investors and regulators
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ECB urged to reconsider rate hike plans amid financial market chaos
This article is an on-site version of our Europe Express newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday and Saturday morningGood morning. The…
What Does the Silicon Valley Bank Collapse Mean For The Economy?
Welcome to FiveThirtyEight’s politics chat. The transcript below has been lightly edited. amelia.td (Amelia Thomson-DeVeaux, senior reporter): On Friday, financial regulators announced that they were taking control of Silicon Valley…
UK wage growth slows to 5.7% as unemployment remains near record lows
UK wage growth slowed in the three months to January as economic pressures made employers more uncertain about hiring, official data showed on Tuesday.The Office for National Statistics said the…
FirstFT: Silicon Valley Bank fallout
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The Fed’s Inflation Goal Is Completely Arbitrary
PHOTO ILLUSTRATION BY FIVETHIRTYEIGHT / GETTY IMAGES Over the past 18 months, inflation has dominated our understanding of the pandemic economy. Americans have endured the highest yearly price increases in…
China’s reform generation is retiring
During China’s annual political congress this weekend, a slew of the country’s officials are expected to step down. Most prominent among them is the embattled premier Li Keqiang, as well…
