Bankers urge US companies to use reprieve in market swings to sell debt
US corporate debt markets have stabilised after volatility prompted by Trump’s ‘liberation day’ tariff announcement
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Taiwan dollar jumps 6.5% in two days on trade deal fears
Currency surges as life insurers move to cover under-hedged positions in US assets
‘It’s pretty bad’: Bank of England top official on the lack of female economics students
Deputy governor Clare Lombardelli calls for more women and people from poorer backgrounds to take key subject
Economics has an image problem, says Clare Lombardelli, a deputy governor at the Bank of England.
With few children from poorer backgrounds studying the subject and only a small proportion of women pursuing it to undergraduate level, the profession is heavily weighted towards men from well-to-do backgrounds.
Warren Buffett to step down from Berkshire Hathaway
Plus, Trump adviser struggles to calm investors, the US economy contracts, and Edvard Munch at the National Portrait Gallery