(Bloomberg) -- Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesS&P 500 Roars Back From Six-Day Slide; Bonds Surge: Markets WrapPutin’s Mobilization Hits Russia’s Economy in Its Weak SpotsRussia Declares Victory in Sham Ukraine ‘Referendums’The Bank of England staged a dramatic intervention to stave off an imminent crash in the gilt market by pledging unlimited purchases of long-dated bonds. With the
Last week, the Federal Reserve continued its fight against inflation, raising its benchmark interest rates by 75 basis points. Since March, the central bank has raised interest rates from near-zero to 3.25%. This sector is one of CEO Warren Buffett's favorites to invest in, with Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio holding stock in various banks, rating agencies, and payment processors.
(Bloomberg) -- A spate of defaults by Chinese borrowers with seemingly impeccable onshore ratings has left antsy investors in the world’s second-largest credit market craving credible research to distinguish good debt from bad. Now a little known startup is seeking to tap that demand and is winning fans.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandGermany Suspects Sabotage Hit Russia’s Nord Stre