Lucas Papademos Fast Facts | CNN
CNN — Here’s a look at the life of Lucas Papademos, economist and former prime minister of Greece. Birth date: October 11, 1947 Birth place: Athens, Greece Birth name: Lucas…
Bank of England intervenes to buy UK bonds, warns of risk to financial stability
London CNN Business — The Bank of England said Wednesday it would buy UK government debt “on whatever scale is necessary” in an emergency intervention to halt a bond market…
Hong Kong police arrest man who played harmonica at Queen’s vigil on suspicion of sedition
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it…
Stocks sink as investors wait for the Fed’s rate hike
New York CNN Business — So much for Wall Street sitting back and taking it easy while awaiting the Federal Reserve’s latest interest rate decision on Wednesday. Stocks slid Tuesday…
Lower gas prices push consumer confidence to highest level since May
CNN — Lower gas prices helped consumer confidence bounce back in August, breaking a three-month stretch of worsening sentiment. However this improvement, while welcome, is tempered by ongoing worries that…
Five state-owned Chinese corporations to delist from New York Stock Exchange
CNN — Five state-owned Chinese corporations, together with the rustic’s main power and chemical corporate, have selected to delist from the New York Stock Exchange through the top of August.…
What is inflation? This is why costs move up, and who is accountable
New York CNN Business — Confused about inflation? You’re now not by myself. Inflation is, ironically, each extremely easy to know and absurdly sophisticated. Let’s get started with the most…
Who owns your credits rating? Not you
New York CNN Business — Credit businesses know so much about Americans. The businesses collect data, corresponding to Social Security numbers, birthdays, how a lot financial savings other folks have,…
How Iran exploited Rushdie’s Satanic Verses
Editor’s Note: A model of this tale first gave the impression in CNN’s Meanwhile within the Middle East e-newsletter, a three-times-a-week glance within the area’s greatest tales. Sign up here.…
The US economic system did not get the recession memo
New York CNN Business — The American economic system didn’t get the memo that it’s intended to already be in a recession. The brutal GDP report launched on July 28,…