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Sterling falls for a third day as investors favour safe-haven dollars

Sterling falls for a third day as investors favour safe-haven dollars

The pound fell against the dollar for a third day on Thursday, as investors favoured the U.S. currency above most other assets in the face of a rising ​oil price and no end in sight for the war in the Middle East.Amanda Cooper
Iran war takes an inflationary toll on U.S., OECD projects

Iran war takes an inflationary toll on U.S., OECD projects

The Organisation for Economic Co-operation and Development projects U.S. headline inflation will be 4.2% this year.Courtenay Brown
How Kevin Warsh could shrink the $6.7T Fed balance sheet

How Kevin Warsh could shrink the $6.7T Fed balance sheet

After nearly two decades of quantitative easing and other programs to respond to crises, the Fed's total assets are up to 21% of GDP.Neil Irwin
New AAA games could cost $300 million or "much more" to make, insider says, which might help "explain the current state of the industry" amid layoffs and studio closures

New AAA games could cost $300 million or "much more" to make, insider says, which might help "explain the current state of the industry" amid layoffs and studio closures

Modern games are only getting pricier to shipAnthony Mcglynn
Avon PZC Backs Public Works HQ Expansion Project

Avon PZC Backs Public Works HQ Expansion Project

Preliminary cost estimates range from $127,000 to $260,000 for the plan, which would increase storage and office space.Michael Lemanski