Developed Economies

Ivory Coast Cocoa Surplus Bigger Than Markets Thought

Côte d'Ivoire is holding 350,000 tonnes of unsold cocoa this season, nearly three times the previous official estimate, a gap that is pulling global...

Fund Chief Warns Index Investors Hold Hidden Tech Bet

US fund manager Steve Neamtz says investors in the S&P 500 hold a concentrated technology wager, with ten stocks now making up about 40%...

ECB Rate Hike Forces Fed to Confront Inflation Choice

The European Central Bank raised rates for the first time since 2023, intensifying pressure on the US Federal Reserve as American inflation climbs to...

Rate Cut Bet Faces Twin Inflation Shocks Today

US inflation hit its highest reading in three years Wednesday while the European Central Bank (ECB) prepares its first rate rise since 2023, shaking...

US Inflation Hits Three Year High Before Warsh Debut

US consumer prices rose 4.2 percent in the year to May, the fastest since April 2023, data showed Wednesday, a week before Kevin Warsh...

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