Recent Posts
EU Plans to Reduce Dependence on US Dollar in “Post-Trump Era”
According to the Financial Times, when the U.S. President-elect Biden is about to take office, a reporter from the newspaper obtained a policy draft...
PNC pays Spain’s BBVA $11.6 billion for its US business
The Pittsburgh-based lender is buying the American unit of Spanish financial group BBVA (BBVA) for $11.6 billion, the companies said Monday.The cash deal...
Asia’s economies are bouncing back. The West is headed in the other direction
Japan reported Monday that its economy expanded 5% in the July-to-September quarter, allowing it to emerge from recession. That translated to an annual...
Former New York Fed President: Even with the Covid-19 vaccine, the U.S. economy...
On Monday, Former New York Fed President Bill Dudley said that even though the possibility of widespread distribution of Covid-19 vaccine increases now,...