Turkey’s central bank needs to raise interest rates to contain the country’s financial crisis, veteran economist Stephen Roach told CNBC on Monday. Earlier in the day, Turkish lira dropped to a new all-time low of 7.24 against the U.S. dollar. It later pared some of those losses to trade around 6.99. “The markets clearly want much more decisive action,” […]
House intelligence committee Who leads it: Rep. Mike Conaway, Texas Republican, and Rep. Adam Schiff, California Democrat. What’s the latest: The committee is back on track, planning to hear from FBI Director James Comey on May 2 and former acting Attorney General Sally Yates later. It’s a far cry from where they were just three […]
A group of Tinder founders and executives has filed a lawsuit against parent company Match Group and its controlling shareholder IAC. The plaintiffs in the suit include Tinder co-founders Sean Rad, Justin Mateen and Jonathan Badeen — Badeen still works at Tinder, as do plaintiffs James Kim (the company’s vice president of finance) and Rosette […]
