2026-01-28 13:00:32
Banging down the dollar like Trump is obviously hurts. But so does China’s gold binge.
2026-01-28 13:00:30
Keir Starmer may have killed off the chief threat to his crown by blocking the popular Manchester Mayor Andy Burnham’s return to Parliament, but the vacancy as chief pretender was immediately filled. Health Secretary Wes Streeting now has a few months to show he’d make a better British prime minister than Starmer. It’s far from certain that he would.
2026-01-28 12:30:30
Central bank independence is a subject that has leapt from the dusty precincts of academia to center stage because of Donald Trump’s attacks on the Federal Reserve. Jerome Powell’s Western peers have rallied to his cause. They fear a hostile Fed takeover would destabilize markets, forcing the cost of US debt to rise and creating doubts about whether the country would provide dollar liquidity abroad in any future crisis.
2026-01-28 12:00:30
European politicians are learning to stand up to US bullying. Some hope the bloc’s investment banks can mount a fightback against their American competitors, too. Big US firms have squeezed weaker European rivals for years, taking an ever-greater share of global fees from dealmaking and trading. Now, the likes of Barclays Plc, Deutsche Bank AG and UBS Group AG are in far better shape to compete — but the chance of them collectively making a real dent in American dominance is slender.
2026-01-28 06:21:58
AI seems poised to drain our wallets, not leave us flush with cash for senior center bowling excursions.
2026-01-28 05:00:30
The sharp selloff in Japanese bonds has a message for the India’s annual budget on Feb. 1. If vigilantes could bring such turmoil to a global safe haven on the hint of a tax slippage, they could rip apart any sign of fiscal recklessness in a developing economy faced with a chronic shortfall of resources to create jobs and provide welfare.
