Spencer Platt / Getty Images There are good, bad, and ugly outcomes for the stock market as inflation continues to weigh, Charles Schwab warned. Though inflation is coming down, it could easily rebound if central banks begin cutting too soon. "This whipsawing pattern may support a continued environment of volatility and wide market swings as […]
Tag: Central
Central banks around the world are willing to risk recession to fight inflation — and early signs suggest widespread pain for everyone, everywhere
Ina Fassbender/AFP/Getty Images More than 80 central banks are aggressively raising interest rates to cool inflation. Rate hikes are the best tool for easing price surges but bring with them the risk of recession. The synchronized rate hikes could throw the world economy into a slump. Countries around the world are rushing to crush inflation. […]
The European Central Bank pulled the trigger on a record interest rate hike as Europe battles a Russian energy crisis and spiraling food prices
ECB president Christine Lagarde has presided over two consecutive interest rate hikes. Philipp von Ditfurth/Getty Images The European Central Bank just pulled the trigger on its biggest interest rate hike. The central bank increased rates by 75 basis points, and signaled further hikes. Economies around the world are raising rates as they battle to keep […]
Central Park Adds Umbrella Academy Star to Voice Kristen Bell’s Former Role
RELATED STORIES Central Park‘s Molly wasn’t voiceless for long: The Apple TV+ animated comedy has tapped The Umbrella Academy star Emmy Raver-Lampman to voice the character originally played by Kristen Bell, TVLine has learned. “After an extensive casting process that brought a number of incredible contenders to the forefront of our Molly search, we could […]
Lights Out With David Spade Cancelled at Comedy Central, Will Be Shopped Around to Other Networks
RELATED STORIES Comedy Central is turning off the lights at Lights Out With David Spade: The late-night talk show won’t return to the cable network after its current run, according to our sister site Variety. Comedy Central will, however, shop the show around to other networks and platforms. Production was shut down on Lights Out […]
The Central Bank of Russia shifts its reserves away from the dollar
The move is part of Russia’s desire to hedge against further American sanctions
How a Phallic Baguette Found a Home in Central Paris
There are many ways to come out to one’s grandmother. A heartfelt one-on-one, a personal letter, dispatching another family member to do it for you. For Richard Legay, the right way was to open a bakery specializing in penis-shaped bread and be the subject of a story on national TV. “For me, it was like […]
‘Parks and Recreation’ Reruns Heading to Comedy Central Starting in January 2019
Comedy Central already has reruns of The Office airing all the time, and they’ve just picked up the syndication rights to the spiritual sister to the mockumentary series that takes place in the historic town of Pawnee, Indiana. All seven seasons of Parks and Recreation are heading to Comedy Central starting in January of 2019. […]
US pledges $10.6bn in aid to Mexico & Central America to stop migration – still no cash for Wall
The State Department has announced $ 10.6 billion in aid for Mexico, Honduras, Guatemala and El Salvador to help stem migration, amid a looming government shutdown over funding President Donald Trump’s border wall proposal. Some $ 5.8 billion in economic development assistance will be given to the three Central American countries, and another $ 4.8 […]
Central Londoners to be subjected to facial recognition test this week
Enlarge / A public notice of a previous Met Police facial recognition test. (credit: Metropolitan Police) London’s Metropolitan Police Service will be testing facial recognition technology in a handful of locations across the central core of the British capital on both Monday and Tuesday for eight hours each day. This trial marks the seventh such […]