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Simultaneous rate hikes could trigger a rare global recession

Simultaneous rate hikes could trigger a rare global recession

Text size The US Federal Reserve is expected to implement a third of its “unusually large” rate hikes this year. Drew Angerer/Getty Images About the authors: Mr. Ayhan Kose is Acting Vice President for Equitable Growth, Finance and Institutions at the World Bank. Justin D. Guenette is a Senior Economist in the Prospects Group of …

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Adobe's stock has come under fire for spending $20 billion on Figma.  But he now owns a rare business.

Adobe’s stock has come under fire for spending $20 billion on Figma. But he now owns a rare business.

Adobe beat revenue and profit expectations and announced the same day that it would acquire a smaller but faster-growing rival in online design collaboration tools. The stock market rewarded the company by driving down its ADBE shares, -3.12% to the lowest level in almost three years. Investors punished the company not for its earnings report, …

Adobe’s stock has come under fire for spending $20 billion on Figma. But he now owns a rare business. Read More »

In rare encounter, Nobel Prize-winning economist Peter Diamond sees a 'significant shift of power from employers to workers' underway

In rare encounter, Nobel Prize-winning economist Peter Diamond sees a ‘significant shift of power from employers to workers’ underway

Peter Diamond, winner of the Nobel Prize in economics in 2010, avoided the press for most of his long and illustrious career, saying he feared being misunderstood. Given the chance to interview him, MarketWatch jumped at the chance. His supporters think Diamond is probably the smartest economist. His selection by President Barack Obama to serve …

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