Turkey hikes interest rates to 40% to battle sky-high inflation

Tech Insider : Economy
A man purchasing food from a street vendor in Istanbul, Thursday, Nov. 16, 2023.

AP Photo/Francisco Seco

Israel's currency tumbles to 7-year low, prompting its central bank to sell $30 billion in foreign reserves

Tech Insider
Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023.
Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023.

REUTERS/Ammar Awad

Markets see higher odds the Fed plows ahead with rate hikes after the blowout September jobs report

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jerome powell
Federal Reserve Board Chair Jerome Powell testifies during a House Committee on Financial Services hearing, Wednesday, July 18, 2018, Capitol Hill in Washington.

Jacquelyn Martin/AP

Russian ruble sinks to level that previously triggered emergency measures from Moscow

Tech Insider : Economy
russia ruble banknote
REUTERS/Ilya Naymushin

An employee counts Russian ruble banknotes at a private company's office in Krasnoyarsk, Siberia, December 17, 2014

US stocks inch up as investors cheer iPhone demand outlook and await start of Fed meeting

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Tim Cook
Tim Cook.

AP

Russia will increase foreign currency sales 830% as deadline for Eurobond repayment nears

Tech Insider : Economy
russia central bank
Central Bank of Russia

Hank5/Getty Images

Here's what Wall Street expects from Jerome Powell at Jackson Hole

Tech Insider
Powell Jackson Hole
Federal Reserve policymakers including chairman Jerome Powell in Jackson Hole, 2022.

Amber Baesler/AP Photo

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