Federal Reserve minutes show close call on September interest rate hike
Three central bankers voted in favor of increasing rates amid easing risks of Brexit but experts still expect only one hike this year, after December meeting. The Federal Reserves decision not to increase rates in September was a close call, the minutes released on Wednesday show. When the Federal Open Markets Committee (FOMC) met in […]
Leonard Cohen: giving Nobel to Bob Dylan like ‘pinning medal on Everest’
At an event in Los Angeles to launch his album, the 82-year-old singer-songwriter rows back on claims he was ready to die by saying he now wants to live for ever. On Thursday, Bob Dylan was awarded the Nobel prize for literature, sparking controversy among musicians, novelists and fans. That evening in Los Angeles, his […]
After Dylan’s Nobel, how about Springsteen, Mitchell, Cohen?
(CNN)For those who annually pay attention to such things (other writers, mostly), the Nobel Prize in Literature always offers an occasion for often-impassioned chatter over who won and, even more ardently, who didn’t. For every fan who delights over, say, Canadian Alice Munro being acknowledged by Stockholm three years ago for her long career achieving […]
Fascinating, infuriating, enduring: Bob Dylan deserves his Nobel prize
Many have questioned the accolade, but there is no question that he is a singular talent even if he’s not really a poet. As you will no doubt have noticed, Bob Dylan is the recipient of the 2016 Nobel prize for literature for having created new poetic expressions within the great American song tradition. It […]
Pound falls further against the euro and the dollar – BBC News
Image copyright AFP The pound extended losses against both the dollar and the euro in late US trade on Tuesday, but recovered slightly in early Asian trade. Against the dollar, the pound had fallen more than 2%, at one point dropping below $1.21, while against the euro it fell below 1.10. It has now fallen […]