Weekly Comic: Biden, OPEC and the Crude Crap Shoot

© Investing.com By Geoffrey Smith  Investing.com — When tight supply meets rampant demand, there is little that even coherent policy-makers can do about it. Sadly for the global economy, the oil…

U.S. Supply-Chain Hurdles to Last Well Into 2022, Raimondo Says

© Bloomberg. Gina Raimondo (Bloomberg) — U.S. supply chains will take “some number of months” to normalize next year, and vaccine mandates for companies will help to address the disruptions…

UK to consult on possible central bank digital currency

© Reuters. FILE PHOTO: A person walks past the Bank of England, in London, Britain October 31, 2021. REUTERS/Tom Nicholson/File Photo LONDON (Reuters) -The Bank of England and Britain\’s finance…

Americans Ramp Up Credit-Card Spending in Return to Old Habits

© Reuters. Americans Ramp Up Credit-Card Spending in Return to Old Habits (Bloomberg) — Americans are racking up bills on credit cards, returning to pre-pandemic habits after emergency relief programs…

Analysis: Inflation may persuade Bank of Israel to embrace shekel strength

2/2 © Reuters. FILE PHOTO: People walk around an alley in Jerusalem\’s Old City March 9, 2020 REUTERS/ Ronen Zevulun 2/2 By Steven Scheer JERUSALEM (Reuters) – It has taken…

U.S. House plans to pass \’Build Back Better\’ bill Nov 15 week -Pelosi

© Reuters. U.S. House Speaker Nancy Pelosi speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 9, 2021. REUTERS/Yves Herman (Reuters) – The U.S. House of…

Pressure to raise pay will grow for some sectors – Bank of England\’s Broadbent

© Reuters. Bank of England Deputy Governor Ben Broadbent attends a Bank of England news conference, in the City of London, Britain November 1, 2018. Kirsty O\’Connor/Pool via REUTERS LONDON…

ECB can\’t ignore developing housing bubble, Schnabel says

© Reuters. FILE PHOTO: sabel Schnabel, member of the German advisory board of economic experts attends the 29th Frankfurt European Banking Congress (EBC) at the Old Opera house in Frankfurt,…

Fed\’s Daly looks to mid-2022 for more clarity on jobs, inflation

© Reuters. FILE PHOTO: Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, U.S.,…

If it ain\’t broke: Canadians want central bank to keep policy framework

© Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo By Julie Gordon OTTAWA (Reuters) –…

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