Finance

Finance

Rising treasury yields hit tech stocks

U.S. government borrowing costs advanced for a sixth week, hurting tech stocks. This is because the investors are betting on rising interest rates, while three-year

Finance

German inflation could stay above 2%

German inflation is likely to accelerate from its already high level. The Bundesbank said in a monthly report, that it will stay above 2% through mid-2022.

Finance

Georgieva defended by Ex-World Bank official

A former World Bank official who prepared reports at the center of a data-rigging scandal defended IMF chief Kristalina Georgieva. Because, the Economist magazine called for her