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You might think a celebrity CEO smoking weed on a live show just after a class-action lawsuit was filed against his firm is the sort of thing a financial columnist dreams about. And you’d be right. But it also presents something of a conundrum: What can sensibly be written about Elon Musk at this point that doesn’t come off as a parody?
NEW YORK: The Federal Reserve's steady interest rate hikes are the best way to protect the U.S. economic recovery and keep job growth as strong as possible and inflation under control, Fed Chair Jerome Powell said on Friday in a high-profile endorsement of the central bank's current approach to policy
SEOUL/WASHINGTON: "I truly believe North Korea has brilliant potential and will be a great economic and financial Nation one day. Kim Jong Un agrees with me on this. It will happen!" Trump added
It is generally accepted in economics that financial variables tend to adjust more rapidly than real and policy variables. This seems to be the case this year with the three major transitions that are critical to the longer-term well-being of the global economy and markets.
BEIJING: ZTE Corp. may have just gone from being a serious contender in the high-stakes world of next-generation networking to -- quite possibly -- a mobile industry washout.
DAVOS, Switzerland: Trust in U.S. institutions, particularly the government, has plunged in President Donald Trump's first year in office, according to a leading survey released on the eve of the World Economic Forum in Davos
FRANKFURT: Siemens will test the appetite of sovereign wealth funds ahead of the planned listing of its healthcare unit Healthineers next year, its chief executive told a German weekly, possibly to secure anchor investors for the flotation.