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Hafize Gaye Erkan, seen here in a photo dated March 2017, has been picked to run Turkey's central bank.
Economy
Former co-CEO of failed U.S. lender First Republic lands on her feet with a new job—taking on one of the toughest tasks in international finance
By Christiaan HetznerJune 9, 2023
The IMF warns that shadow banks that hold nearly 50% of global assets are vulnerable as central banks raise rates to tackle inflation
Economy
The IMF warns that shadow banks that hold nearly 50% of global assets are vulnerable as central banks raise rates to tackle inflation
By Will DanielApril 5, 2023
Economist Nouriel Roubini
Finance
Wall Street’s ‘Dr. Doom’ sees ‘Bermuda Triangle’ of risks for economy and warns of a 2008-like crisis 
By Steve MollmanMarch 23, 2023
Tesla CEO Elon Musk
Finance
Elon Musk says Jerome Powell is so bad at his job that GPT-4 would be a better Fed chair: ‘This foolish rate hike will worsen depositor flight’
By Steve MollmanMarch 23, 2023
Piles of U.S. dollars are pictured.
Finance
Central banks around the world have said they’ll boost the flow of U.S. dollars into the global financial system. Here’s why
By Chloe TaylorMarch 20, 2023
Schoolchildren wave Australian flags as Prince Charles, Prince of Wales visits Kilkenny Primary School on November 7, 2012 in Adelaide, Australia.
Politics
Australia won’t have King Charles III on its new banknotes, despite him being the country’s head of state
By Chloe TaylorFebruary 2, 2023
Shot of Rebeca Grynspan, director of UNCTAD, speaking at a UN event
Finance
‘Excessive’ policy choices could trigger an economic downturn even worse than the 2008 recession, UN agency says
By Tristan BoveOctober 3, 2022
Hate Bitcoin? There’s a new ETF that allows you to easily short the controversial crypto coin
The Coins
Hate Bitcoin? There’s a new ETF that allows you to easily short the controversial crypto coin
By Christiaan HetznerJune 22, 2022
Haruhiko Kuroda, governor of the Bank of Japan.
Finance
Another ‘stable’ currency peg is falling, but this time it looks like it might vindicate crypto bulls
By Christiaan HetznerJune 16, 2022
Scott Minerd, chairman of investments and global chief investment officer of Guggenheim Partners LLC
The Coins
Guggenheim’s Scott Minerd once saw Bitcoin hitting $400,000. Now he says it’s more like $8,000. ‘Everything is suspect’
By Marco Quiroz-GutierrezMay 26, 2022
‘A pyramid scheme,’ ‘worth nothing,’ ‘not reliable’: Crypto is being savaged at Davos by critics. Here’s a list of who said what
Finance
‘A pyramid scheme,’ ‘worth nothing,’ ‘not reliable’: Crypto is being savaged at Davos by critics. Here’s a list of who said what
By Chloe TaylorMay 24, 2022
Inflation? IMF chief warns you better get used to it
Finance
Inflation? IMF chief warns you better get used to it
By Chloe TaylorMay 20, 2022
Salvadorean president Nayib Bukele
The Coins
El Salvador’s crypto-loving president is hosting the Davos for Bitcoin with more than 40 countries represented
By Marco Quiroz-GutierrezMay 16, 2022
Russian official admits sanctions are crippling the economy as the country grapples with a selloff and mass shortages
Finance
Russian official admits sanctions are crippling the economy as the country grapples with a selloff and mass shortages
By Christiaan HetznerApril 22, 2022
A crumpled U.S. dollar
Commentary
The West froze Russia’s foreign reserves. Should Asia—with its even larger dollar hoard—be worried?
By Vasuki ShastryApril 21, 2022
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