Page 43 - Rel News Today

(Bloomberg) -- Federal Reserve Chair Jerome Powell and his colleagues in the coming week can expect to see their key inflation metric accelerate to a fresh four-decade high last seen when Paul Volcker led the U.S. central bank.

(Bloomberg) -- Almost exactly a year after China’s property-market debt squeeze sparked the first in a wave of defaults by developers, the industry is fighting for survival.

(Bloomberg Opinion) -- “That woman from Michigan” is the T-shirt worn by the 49th governor of the 10th-largest U.S. state after President Donald Trump berated her for ordering some indoor business services closed in 2020.

(Bloomberg) -- Former President Donald Trump and two of his adult children must testify in New York Attorney General Letitia James’s civil probe of the Trump Organization, a state judge ruled.

Track the global Covid-19 pandemic and vaccination efforts here.

(Bloomberg) -- Dubai is finally choking off the glut of properties that’s plagued the market for years, according to one of the city’s top builders, though numbers hardly show it.

(Bloomberg) -- Headwinds are growing for the Philippine peso even after it fell near the bottom of emerging Asia’s currency ranking this month.  The peso has managed to avoid weakening past 51.50 per dollar several times this year partly due to intervention by Bangko Sentral ng Pilipinas.

(Bloomberg) -- U.S. consumer prices surged to a fresh four-decade high in January, adding pressure on the Federal Reserve to be more aggressive in its highly anticipated rate-hike cycle.

(Bloomberg) -- Iceland’s central bank Governor Asgeir Jonsson said raising interest rates earlier this week will probably help “substantially” slow Europe’s fastest house-price rally.

(Bloomberg) -- Investment arms of Chinese local governments became major purchasers of land for property development last month, highlighting the financial strain on the real-estate sector and renewing concerns about repayment risks among these off-balance sheet state borrowers.