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Finance & Markets

When Companies Stop Driving a Hard Bargain, This Fed Official Starts Worrying

Beth Hammack says businesses’ pricing power and a sturdy economy show interest rates aren’t yet high enough to tame inflation.

When Companies Stop Driving a Hard Bargain, This Fed Official Starts Worrying

We haven't written up this one. WSJ Markets has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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Chinese brokers work to crack the final code: win clients on global stage

China’s investment banks spent decades trying to emulate Goldman Sachs, the Wall Street powerhouse that became a benchmark for the country’s financial ambitions and whose alumni included senior US policymakers like former Treasury secretary Henry Paulson. Today, Beijing’s goal has evolved beyond building a Chinese version of Goldman.

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