• One interest rate hike won't stop emerging market pain

    11 days ago - By CNN Mone

    Emerging markets beware: In today's climate, even a major interest rate hike can fail to impress worried investors.
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  • Turkey's Central Bank Defies Erdogan With Drastic Interest Rate Hike

    Turkey's Central Bank Defies Erdogan With Drastic Interest Rate Hike

    11 days ago - By NPR

    These days it's rare for Turkish officials to contradict President Recep Tayyip Erdogan, who has vowed not to raise rates. But that's what happened Thursday, in an urgent bid to save a deflating lira. (Image credit: Adem Altan/AFP/Getty Images)
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  • Turkey's Central Bank Defies Erdogan With Drastic Interest Rate Hike

    Turkey's Central Bank Defies Erdogan With Drastic Interest Rate Hike

    11 days ago - By NPR

    These days it's rare for Turkish officials to contradict President Recep Tayyip Erdogan, who has vowed not to raise rates. But that's what happened Thursday, in an urgent bid to save a deflating lira. (Image credit: Adem Altan/AFP/Getty Images)
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  • Morning News: September 13, 2018

    11 days ago - By Crossing Wall Street

    Turkey Raises Rates, Sending the Hard-Hit Lira Up Sharply
    Fed's Brainard Says An Inverted Yield Curve Won't Get in Way of Rate Hikes
    Bernanke Admits Fed Made Mistakes Combating Crisis 10 Years Ago
    Ten Years After Lehman Bankruptcy, New Books Point Finger at Two Men
    JPMorgan Predicts the Next Financial Crisis Will Strike in 2020
    Here's What Wall Street Is Saying About Apple's iPhone Revamp
    Facebook ‘Better Prepared' to Fight Election Interference, Mark Zuckerberg Says
    Walmart's Jet.com to Offer Nike Products in Bid for Urban Consumers
    The NFL's Very Profitable Existential Crisis
    Champagne...
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  • Turkey Hikes Interest Rates

    11 days ago - By Economy

    The weakening lira and rising inflation moved the central bank to raise its policy rate from 17.75% to 24%.
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