BERLIN — Germany is convinced that a divorce deal between Britain and the European Union can still be reached, but there is little time left and …
Germany says only a little time is left in Brexit divorce deal talks
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Oil falls after Saudi cuts prices, China slows imports
LONDON — Oil prices fell on Monday as Saudi Arabia made its deepest monthly price cuts to supply for Asia in five months and uncertainty over …
Oil falls after Saudi cuts prices, China slows imports
Euro dips as traders look towards ECB meeting
LONDON — The euro fell on Monday as traders that have pushed the single currency to multi-year highs took a breather and prepared for the European …
Euro dips as traders look towards ECB meeting
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Econ News
The low mortgage rates are not being shared equally. While the usually low national mortgage rates should be a windfall for many homeowners, one group is not getting a fair share of the wealth. As noted in this blog, the Velocity of Money flows in an uneven manner. Historical, the poor and minorities have always spent more on housing.
What Happens When a Noted Female Economist Fights Toxic Culture in the Field? — Institute for New Economic Thinking
Claudia Sahm, Director of Macroeconomic Policy at the Washington Center for Equitable Growth, has worked as an economist for over a decade. Her experience includes a 12-year tenure at the Federal Reserve, where she rose to the position of section chief in the Division of Consumer and Community Affairs. She is the architect of the…
What Happens When a Noted Female Economist Fights Toxic Culture in the Field? — Institute for New Economic Thinking
Warren Buffett’s Duracell sues Energizer over battery life claims — Financial Post
NEW YORK — Duracell, the battery unit of Warren Buffett’s Berkshire Hathaway Inc, sued the maker of Energizer batteries on Tuesday, accusing it falsely advertising that its Energizer MAX batteries last up to 50% longer than other alkaline batteries. Read More
Warren Buffett’s Duracell sues Energizer over battery life claims — Financial Post
UK firms, worried about pandemic and Brexit, hire temp workers — Financial Post
LONDON — British firms hired temporary staff in August at the fastest pace since the end of 2018 as they tried to recover from the COVID-19 lockdown but remained wary of the pandemic and the Brexit impasse, a recruiters industry group said. Read More
UK firms, worried about pandemic and Brexit, hire temp workers — Financial Post
the Exchange After Hours
Euro dips as traders look towards ECB meeting — Financial Post
LONDON — The euro fell on Monday as traders that have pushed the single currency to multi-year highs took a breather and prepared for the European Central Bank meeting on Thursday to see if policymakers will introduce yet more stimulus. Read More
Euro dips as traders look towards ECB meeting — Financial Post
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