warn

Markets bullish as China eases Covid rules, but experts warn of danger ahead

Global stocks and the price of some key commodities rose on hopes that easing China’s strict zero-Covid measures would help lower inflation, although some experts have warned the country will not was not ready to live with the disease. The Chinese government on Wednesday announced a major shift towards living with the virus. People with …

Markets bullish as China eases Covid rules, but experts warn of danger ahead Read More »

Markets bullish as China eases Covid rules, but experts warn of danger ahead

Global stocks and the price of some key commodities rose on hopes that easing China’s strict zero-Covid measures would help lower inflation, although some experts have warned the country will not was not ready to live with the disease. The Chinese government on Wednesday announced a major shift towards living with the virus. People with …

Markets bullish as China eases Covid rules, but experts warn of danger ahead Read More »

Rail workers warn of exodus after Congress pushes through deal

Rail workers warn of exodus after Congress pushes through deal

Railroad workers could leave the industry after Congress forced a contract that grants them no paid sick leave, an exodus that would ripple through an economy dependent on freight railroads to move goods. The exit of thousands of train drivers and engineers would be felt by big business and American consumers alike. It could slow …

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German property market ripe for serious price correction, economists warn

German property market ripe for serious price correction, economists warn

The German property market has been remarkably strong over the past two decades, but faces a severe price correction over the next two years, some analysts say. Tim Graham/Contributor/Getty Images The German housing market has been remarkably strong for decades, but faces a severe price correction over the next two years, analysts say. Mortgage rates …

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Crisis Managers Warn Bankman-Fried: Shut Up

Crisis Managers Warn Bankman-Fried: Shut Up

“Every time he opens his mouth, he increases his civil and criminal liability,” said Niki Christoff, a Washington-based strategy consultant who previously held senior positions in political communications at Uber and Google. “It costs nothing to be quiet, but he can’t seem to do it.” FTX CEO Sam Bankman-Fried testifies during a hearing before the …

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