Rate cut advocates complain that rising rates have made lending more profitable for banks. A recent FT headline notes that the Fed’s rate increases handed banks a “$1tn windfall”.

Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. The head of the IMF has warned of an “unforgiving” economic backdrop for government finances around the ...

KP.3.1.1 is still the dominant COVID-19 variant in the United States as it accounts for nearly 60% of positive cases, but the XEC variant is not far behind, recent Centers for Disease Control and ...

What did this amendment do? The measure amended the Missouri Constitution to provide the right for reproductive freedom, defined as "the right to make and carry out decisions about all matters ...