1. Home
  2. Business

Category: Business

Nobel economics prize winners showed economists how to turn the real world into their laboratory

Nobel economics prize winners showed economists how to turn the real world into their laboratory

The Nobel committee’s decision to award its economics prize for 2021 to David Card, Josh Angrist and Guido Imbens marks the culmination of a revolution in the way economists approach the world that began more…

Read More
FSB publishes final report with policy proposals to enhance money market fund resilience

FSB publishes final report with policy proposals to enhance money market fund resilience

Press enquiries: +41 61 280 8477[email protected] Ref: 24/2021 The Financial Stability Board (FSB) today published its final report with policy proposals to enhance money market fund (MMF) resilience. The report, which was delivered to…

Read More
RBNZ names new deputy governor amid leadership changes

RBNZ names new deputy governor amid leadership changes

The Reserve Bank of New Zealand Christian Hawkesby will become deputy governor of the Reserve Bank of New Zealand from January 2022, the central bank announced on October 6. The RBNZ announced two days later…

Read More
Crude Oil Ends Off New 7-Year High but Global Energy Squeeze Continues By Investing.com

Crude Oil Ends Off New 7-Year High but Global Energy Squeeze Continues By Investing.com

© Reuters. (updates with settlement prices) By Geoffrey Smith  Investing.com — Crude oil prices were higher early Monday in New York but came off the seven-year highs posted overnight on a rare sign of spot market…

Read More
If the US defaults on debt, expect the dollar to fall – and with it, Americans’ standard of living

If the US defaults on debt, expect the dollar to fall – and with it, Americans’ standard of living

Congress has seemingly kicked the debt ceiling deadline down the road – but the threat of a future default still exists. On Oct. 7, 2021, lawmakers in the Senate agreed to extend the government’s ability…

Read More
Computer Space launched the video game industry 50 years ago – here’s the real reason you probably haven’t heard of it

Computer Space launched the video game industry 50 years ago – here’s the real reason you probably haven’t heard of it

Before Pong there was Computer Space, the first commercial video game. The progenitor of today’s US$175 billion industry debuted on Oct. 15, 1971, at the Music Operators of America trade show in Chicago. Housed in…

Read More
FSB Chair updates the G20 on enhancing resilience in non-bank financial intermediation and addressing challenges in cross-border payments

FSB Chair updates the G20 on enhancing resilience in non-bank financial intermediation and addressing challenges in cross-border payments

Press enquiries: +41 61 280 8477[email protected] Ref: 23/2021 The Financial Stability Board (FSB) today published a letter from the FSB Chair, Randal K. Quarles, to G20 Finance Ministers and Central Bank Governors ahead of…

Read More
Crude jumps on global energy crunch; U.S. oil at 7-year high By Reuters

Crude jumps on global energy crunch; U.S. oil at 7-year high By Reuters

© Reuters. FILE PHOTO: Pipelines run to Enbridge Inc.’s crude oil storage tanks at their tank farm in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford By Bozorgmehr Sharafedin LONDON (Reuters) -Oil prices rose 2% on…

Read More
Supply chains can easily break – here’s how they can be made more resilient to prevent shortages

Supply chains can easily break – here’s how they can be made more resilient to prevent shortages

Supply chains are essential to everyday life, bringing materials to factories, food to your plate, and fuel to your car. The links in those chains – the manufacturers, logistics companies, warehouses and retailers – combine…

Read More
Artificial intelligence is now part of our everyday lives – and its growing power is a double-edged sword

Artificial intelligence is now part of our everyday lives – and its growing power is a double-edged sword

A major new report on the state of artificial intelligence (AI) has just been released. Think of it as the AI equivalent of an Intergovernmental Panel on Climate Change report, in that it identifies where…

Read More