Federal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start coming down this year, but is not ready yet to say when. In prepared remarks for congressionally mandated appearances on Capitol Hill Wednesday and Thursday, Powell said policymakers remain attentive to the risks that inflation poses and don’t want to … Read more
The Saudi National Bank headquarters and other buildings in Riyadh. Bloomberg | Bloomberg | Getty Images RIYADH — Saudi Arabia is holding on to its ultimatum that foreign companies will need to base their regional headquarters in the kingdom or be barred from lucrative government contracts. The deadline: Jan. 1, 2024. In a bold surprise … Read more
ATHENS, Greece — Greek authorities strengthened firefighting forces within the northeastern a part of the nation Monday, the place an enormous lethal wildfire was burning for a tenth day with no indicators of abating. The fireplace within the Alexandroupolis and Evros areas close to the Turkish border has been blamed for 20 of the 21 … Read more