Remove Economics Remove Financial Institution Remove Government
article thumbnail

Sports Investment Banking: How to Win the Super Bowl and the World Cup in the Same Year

Mergers and Inquisitions

No matter the economic climate, you can always bet on sports fans to show up for their favorite teams. For example, a franchise could offload many facility-related expenses to its city if the local government owns the stadium. Is it a mixed public/private project with some government contribution?

article thumbnail

President Trump, Jerome Powell, and Why Their Relationship Matters

The New York Times: Banking

The president has talked about firing Jerome H. Powell, the chair of Federal Reserve. Their tensions could have major implications for the global economy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Trump’s Attacks on Powell and the Fed Ripple Through Global Economy

The New York Times: Banking

The independence of central banks, which allows policymakers to operate free from political meddling, is considered sacrosanct by investors and economists.

Bank 82
article thumbnail

Happy Birthday, Money

The New York Times: Banking

Americans have had 250 years of legal tender. We’re still figuring it out.

IT 80
article thumbnail

Fed Holds Rates Steady Amid Vast Economic Uncertainty

The New York Times: Banking

Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies on trade, taxes and immigration.

article thumbnail

Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure

The New York Times: Banking

Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market to weaken to reduce interest rates.

Bank 52
article thumbnail

The Fed Isn’t Calling It ‘Stagflation,’ but the Risks Are Rising

The New York Times: Banking

President Trump’s trade war is likely to lead to higher prices and slower growth, a challenging combination for the Fed. War in the Middle East could make the job harder still.

IT 56