Catherine Bosley

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Cathie Wood Seeks Risks For Auto Debt If Car Prices Fall

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Her comments follow a series of tweets from last week saying the Fed is “making a mistake” with its rate increases.

$2.7 Trillion In Crisis Savings Stay Hoarded By Wary Consumers

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There are signs that the savings people collected during the pandemic aren't flowing back into the economy.

Goldman's Hatzius Sees No Fed Hike Next Year As Growth Slows

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Goldman Sachs Chief Economist Jan Hatzius doesn't expect rates to rise until sometime in 2023.

Central Bank Portfolios Worth $3.8 Trillion Look To Go Green

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Just 25% of institutions weren't embarking on the trend, a survey showed.

Global Baby Drought Of Covid-19 Crisis Risks Population Crunch

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Drops in births and fertility could worsen the retirement crisis, and may lead to economic struggles.

Goldman Economists See 4.1% Unemployment In U.S. By End Of Year

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The pandemic crushed the job market, but economists expect hiring to recover with increased immunizations.

World's Richest Shake Off Crisis In Record Setback For Equality

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Oxfam is urging governments to do more to address inequality, including making tax policies more equitable.

Covid-19 Is Driving Down Wages And Women Are Worst Hit, ILO Says

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The global crisis is exacerbating inequality, with potentially long-lasting economic, social and political ramifications.

Covid-19 School Closures Will Reduce Children’s Income As Adults

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Closures and lockdowns will cause an entire generation of children, according to a recent report.

Virus Plunges Euro-Area Into Deep Recession

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Spain took the biggest hit, shrinking 18.5%, while French and Italian output also dropped by double digits.

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