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☆ Emma Raducanu says she sometimes wishes she had not won US Open
▼ + stars: | 2023-06-19 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +3 min

CNN —After winning the US Open at just 18 years old, Emma Raducanu had the world at her feet. Speaking to The Sunday Times, Raducanu touched on the side of sporting success that many don’t see and the impact it has had on her. “When I won I was extremely naive,” Raducanu admitted. Raducanu won the 2021 US Open, becoming the first qualifier to win the major, after defeating Canadian Leylah Fernandez 6-4 6-3 in Flushing Meadows’ first all-teen final since 1999. And sometimes I think to myself I wish I’d never won the US Open, I wish that didn’t happen,” Raducanu acknowledged.

Persons: CNN —, Emma Raducanu, Raducanu, ” Raducanu, it’s, Canadian Leylah Fernandez, Brit, Leylah Fernandez, Al Bello, I’ve, I’d, “ Organizations: CNN, Sunday Times, Canadian Locations: British, Flushing Meadows

☆ Raducanu says she sometimes wishes she had not won US Open
▼ + stars: | 2023-06-18 | by ( ) www.reuters.com time to read: +2 min

June 18 (Reuters) - Former U.S. Open champion Emma Raducanu said she sometimes wishes she had not won the Grand Slam due to the pressure that came with the success and instant fame. "That moment on the court, when I was celebrating, I was like, I would literally trade any struggle in the world for this moment," Raducanu told the Sunday Times. The win came with praise but also exposed Raducanu to a previously unknown world, often ruthless and paved with expectations. When I won I was extremely naive," Raducanu said. Raducanu missed this year's French Open and will be absent from Wimbledon too while she recovers from surgery on her wrists and ankle.

Persons: Emma Raducanu, Raducanu, I've, I'd, it's, Sebastian Sachs, Anita Kobylinska, Christian Radnedge Organizations: Former U.S, Sunday Times, U.S ., Wimbledon, Thomson Locations: Former, Gdansk

☆ Goodbye Shein, Hello Temu. US shoppers are reportedly spending 20% more at the Chinese dollar store than at the hot fast-fashion retailer.
▼ + stars: | 2023-06-16 | by ( Jennifer Ortakales Dawkins | Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Spending on bargain Chinese shopping app Temu surpassed Shein in May, according to Bloomberg data. Consumer spending on Chinese apps is still only a fraction of spending on Amazon. Chinese e-commerce giants Shein and Temu are going head-to-head in a race to become America's most-beloved online shopping destination. Just in May, US spending on Temu was 20% higher than on Shein, Bloomberg reported on Wednesday. According to data from Bloomberg Second Measure, which analyzes credit and debit transactions data, spending on Shein and Temu is still just a fraction of Amazon.

Persons: Temu, Shein Organizations: Bloomberg, US, China Economic, Security Locations: Shein

It's focused on maximizing your after-tax yield with a diverse, low-cost blend of bond ETFs. Read our review Read Our Review A looong arrow, pointing rightWhy you should consider an automated bond portfolioWealthfront's automated bond portfolio pays a 5.59% yield, which is higher than Wealthfront's own cash account that pays 4.55% to 5.05%. Also, the automated bond portfolio may be tax-advantaged, but there's no guarantee that it will work. But neither platform offers automated investing specifically for bond ETFs, so passive investors are better off with Wealthfront. It also invests in a blend of commission-free bond ETFs and iShares bond ETFs.

Persons: Wealthfront, —, Charles Schwab, you'll Organizations: Bond, Service, SEC, Reading Chevron, Treasury, Fidelity, Wealthfront

A spokesperson for the hedge fund declined further comment on Thursday. Big banks typically agree terms with hedge funds that allow them to cut ties at short notice, five sources from prime brokerages and hedge funds told Reuters. Prime brokerages may now refine due diligence processes and perform more thorough background checks on hedge funds, said Jim Neumann, chief investment officer of Sussex Partners, which advises investors on how they give their money to hedge funds. But many of these agreements mainly focus on the financial viability of the hedge fund, two of the sources said. One hedge fund manager said he was asked in his due diligence with the bank if he was approved by the UK regulator, the Financial Conduct Authority.

Persons: Banks, Crispin Odey, Goldman Sachs, Morgan Stanley, MS.N, Odey, Epstein, Michael Oliver Weinberg, JPMorgan Chase, JPM.N, Jeffrey Epstein, Bill Hwang, brokerages, Jim Neumann, Neumann, Archegos, Erika Kelton, Phillips, Cohen, Nell Mackenzie, Kirstin Ridley, Carolina Mandl, Dhara Ranasinghe, Elisa Martinuzzi, Matthew Lewis Organizations: Wall, Odey, Management, Financial Times, Tortoise Media, JPMorgan, Odey Asset Management, Reuters, CMT, Archegos Capital Management, Sussex Partners, UBS, Financial, Authority, Thomson Locations: London, New York

☆ Japan will stop yen decline beyond USD/JPY 145, most economists say: Reuters poll
▼ + stars: | 2023-06-15 | by ( Satoshi Sugiyama | ) www.reuters.com time to read: +4 min

TOKYO, June 15 (Reuters) - Japan's government and central bank will act to stop the yen's decline if it depreciates to the 145 per U.S. dollar level, more than half of economists polled by Reuters said. Fifteen of 28 economists (54%) said the government and the BOJ will take steps such as issuing a warning or intervening into the currency market once the yen weakens beyond 145 per greenback, the June 8-13 poll found. In a separate question on the weak yen's impact on BOJ policy, nine economists (31%) said the central bank's decisions could be swayed by a yen depreciation beyond 145 per dollar. In the poll, all but one - JP Morgan - out of 28 economists corroborated the view, citing an improved bond market functionality and Governor Kazuo Ueda's accommodative remarks so far. BOJ's Ueda has said an end to easy policy would depend on the economy achieving 2% inflation coupled with pay growth.

Persons: Harumi Taguchi, Morgan, Kazuo Ueda's accommodative, Hiroshi Watanabe, BOJ's Ueda, Satoshi Sugiyama, Kantaro Komiya, Veronica Khongwir, Anant Chandak, Christian Schmollinger Organizations: Reuters, Bank of Japan, P, Financial Services Agency, Sony Financial Group, Thomson Locations: TOKYO

☆ Rule of 40, max position size, price targets — we explain these 3 investing concepts
▼ + stars: | 2023-06-15 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Is this price target the price you are going to sell the stock at when it gets there or is this just the price target other have on the stock? — Steve S. A price target represents what we believe to be a fair value for the company in question. At the end of the day, a price target is simply the end result of many inputs. The product of these two items, the earnings projection and target multiple, will determine the price target. The fundamentals determine the price target, not the other way around.

Persons: Jim Cramer, — Diane A, Chris K, Jim, Steve S, —, Jim Cramer's Organizations: Investing, Apple, Nvidia, Jim Cramer's Charitable, CNBC

This week it hit a six-month low on the dollar after surprise cuts to key China rates, putting the gap between 10-year sovereign yields in China and the U.S. at its widest since November. The position, with China's rates below those in the United States , is the reverse of more than a decade of high-growth that saw China paying better yields than markets in the west. "The People's Bank of China's tolerance of currency weakness ... also opens up room for further yuan weakness." Even if the Federal Reserve holds rates steady later on Wednesday, as expected, traders are braced for an extended period of elevated U.S. interest rates and, increasingly, for China to hold rates low or push them even lower. Analysts polled by Reuters expect the PBOC will cut the costs of medium-term loans on Thursday and many market watchers expect a benchmark lending rate cut next week.

Persons: hasn't, Morgan, J.P, Tommy Xie, Kiyong Seong, Winni Zhou, Brenda Goh, Tom Westbrook, Kim Coghill Organizations: Bond, People's Bank, People's Bank of China, Federal Reserve, Reuters, Authorities, OCBC Bank, Societe Generale, Thomson Locations: SHANGHAI, SINGAPORE, China, U.S, Beijing, United States, Asia, Shanghai, Singapore

An internal Union Investment document seen by Reuters shows that the firm received just 30 responses to its outreach. Although consumer goods manufacturers are particularly exposed, other sectors that import goods associated with deforestation, including commodities houses and industrials companies, will also face scrutiny. Consumer goods makers are counting on technology such as satellites and artificial intelligence to help eradicate deforestation from their supply chains. Several large consumer goods companies say they are close to meeting their ambitious zero-deforestation goals. "The EU rules make deforestation a financial risk as well as an environmental risk."

Persons: Ueslei Marcelino, Henrik Pontzen, Pontzen, Janus Henderson, Jonathan Toub, haven't, Snorre Gjerde, Christophe Hansen, Magdi Batato, Kit Kat, Nestlé, David Croft, Reckitt's, Arild Skedsmo, Richa Naidu, Kate Abnett, Matt Scuffham, David Evans Organizations: REUTERS, Reuters, EU, Germany's, Investment, Unilever, ESG, Union Investment, Nestle, Pepsico, Danone, L'Oreal, KLP, Aviva, Fidelity International, Reckitt, UN Food and Agriculture Organization, Consumer, Thomson Locations: Uruara, Para State, Brazil, NBIM, Nescafe, London, Brussels

☆ Twitter 2.0 is an empty promise unless it exterminates the bots
▼ + stars: | 2023-06-13 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Attempts to improve the quality of Twitter, like Twitter Blue, have fallen flat. A search of ChatGPT on Twitter presents tweets from bots in the top results section. On Monday, she said Twitter was "on a mission to become the world's most accurate real-time information source and a global town square for communication" as it evolved into Twitter 2.0. This all gets in the way of Yaccarino's ambition of making Twitter a real-time information source. If Twitter's future is to be a global town square that trades in accurate, real-time information between real-world people, the bots need to go for good — and fast.

Persons: Linda Yaccarino's, Linda Yaccarino, Twitter, Elon Musk, Adam Feldman, It's, Musk, Cheq, — Musk, Disney Organizations: Twitter, Street Locations: West Virginia

☆ Novak Djokovic wins record-breaking 23rd grand slam title, defeating Casper Ruud in French Open final
▼ + stars: | 2023-06-11 | by ( Issy Ronald | ) edition.cnn.com time to read: +6 min

Novak Djokovic defeated Casper Ruud in the French Open final. Clive Mason/Getty ImagesIt is not just the grand slam records that he now holds. Victory at this year’s French Open moves him back to his familiar spot of world No.1. He also became the oldest ever French Open champion. After coming so close to landing a blow during the long opening set, Ruud seemed deflated when he walked back onto court and lost the opening three games.

Persons: Roger Federer, Rafael Nadal, Novak Djokovic, Casper Ruud, Djokovic, Federer, Nadal, Ruud, Tom Brady, Kylian, Zlatan Ibrahimović, – Djokovic, ” Nadal, ”, Clive Mason, Steffi Graff, – Federer, Roland Garros, Victory, Emmanuel Dunand, groundstrokes Organizations: CNN, Covid, Wimbledon, Nadal, Djokovic, US, Sunday, Getty Locations: Australia, AFP

☆ Cracker Barrel saluted Pride Month, and some people are losing it
▼ + stars: | 2023-06-09 | by ( Leslie J. Allen | ) www.businessinsider.com time to read: +3 min

Cracker Barrel posted a "Happy Pride Month" salute on social media with a rainbow rocking chair. The restaurant chain posted a photo on its Facebook page Thursday showing a rainbow-themed rocking chair on the porch of a Cracker Barrel restaurant. Facebook user Scarlett Wells wrote: "I've literally avoided Cracker Barrel because I was pretty sure y'all weren't inclusive. The backlash against Cracker Barrel is the latest in a wave of anti-LGBTQ protests and boycotts against major businesses, including Target, Bud Light, and Disney. Cracker Barrel also sparked criticism and boycott threats last year when it added vegan sausage to its menu.

Persons: —, Scarlett Wells, I've, Critics, Ronny Jackson, Wu Tang, Bud Light Organizations: Facebook, Service, Pride, Texas Republican, Target, Disney, New York Times Locations: Texas, Tennessee

☆ Walgreens unveils Chicago store with only two aisles and most products kept out of sight
▼ + stars: | 2023-06-09 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +6 min

New York CNN —Walgreens just opened a redesigned store in a downtown Chicago neighborhood where most of the merchandise is intentionally kept out of sight. It’s not designed to deter theft, Walgreens says. The new Walgreens store now has only two aisles for shoppers to peruse for their everyday needs, such as over-the-counter medication, bath and body care supplies, batteries, Band-aids, and grab-and-go snacks. Those hidden products – including color cosmetics, beer, wine and spirits, hair color products and gift cards – can only be accessed for purchase through a kiosk system, also set up in the store. Illinois governor J.B. Pritzker signed a bill that went into effect Jan. 1 that’s designed to crack down on retail crime by raising penalties on retail theft statewide.

Persons: Walgreens, Robb Karr, J.B, Pritzker, ”, Karr, “, John Hassard, Robson, Hassard, Lululemon, “ We’re Organizations: New, New York CNN, Walgreens, Roosevelt, What’s, CNN, Walmart, Target, Illinois Retail Merchants Association, Walgreens ., Robson Forensic, National Retail Federation Locations: New York, Chicago, America, Walgreens . Illinois, Atlanta, harm’s, San Francisco

☆ Air India passengers stranded in Siberia for 2 days were abandoned by the crew, had to sleep on the floor, and were only given bread and rice, relative says
▼ + stars: | 2023-06-08 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

An Air India plane heading to San Francisco had to make an emergency landing in Siberia on Tuesday. A man whose mother was on the flight told Insider that they were left with no information and little food. Air India passengers stranded in a remote Siberian town for two days were abandoned by the crew, had to sleep on the floor, and were only given bread and rice, a relative told Insider. He said he tried to contact Air India multiple times to help his mother who was given no information on the ground. In a letter sent to passengers, Air India apologized for the event and said it will fully refund the fare for the journey as well as provide customers with a travel voucher.

Persons: Satwinder Singh, Singh Organizations: Morning, Air India, Boeing, Air, Twitter Locations: Air India, San Francisco, Siberia, Magadan, Russia, New Dehli

☆ West Ham ends 43-year wait for major trophy but condemns fan trouble during final
▼ + stars: | 2023-06-08 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —West Ham ended its 43-year wait for a major trophy after beating Fiorentina 2-1 in the Europa Conference League final on Wednesday. It was knocked out of the Europa League semifinals last year but managed to reward its passionate fanbase with a memorable performance on Wednesday. West Ham captain Declan Rice was leading the celebrations after lifting the trophy, amid speculation around his future at the club. “There is interest from other club that’s out there but I have two years left at West Ham. “There hasn’t been anything yet, my focus is playing for West Ham, enjoying tonight and seeing what happens.”

Persons: Jarrod Bowen, West, David Moyes, “ I’ve, we’ve, ”, West Ham, Saïd Benrahma’s, Giacomo Bonaventura’s, Bowen, Lucas Paquetá’s, I’m, ” Cristiano Biraghi, Jonathan Moscrop, Cristiano Biraghi, West Ham United unreservedly, Declan Rice, ” Rice Organizations: CNN, Fiorentina, Europa Conference League, Premier League, Fortuna Arena, Europa League, West Ham, West Ham United, UEFA Europa Conference League, Reuters, London, UEFA, BT Sport, West Locations: Ham, Prague, “, West, Europe, West Ham, England

☆ For kids exploring social media, here are three steps the surgeon general wants parents to take
▼ + stars: | 2023-06-08 | by ( Dr. Sanjay Gupta | ) edition.cnn.com time to read: +11 min

CNN —As a father of three teenage girls, one of my biggest parenting challenges has been navigating smartphones and social media. Would smartphones and social media be given that same level of dire warning? I often think about social media less like tobacco and more like junk food. And you can also help them understand what’s a safe and unsafe interaction or engagement on social media. How to talk about screen timeNot sure how to start a conversation with your kids about internet and social media use?

Persons: Vivek Murthy, –, “, ”, That’s, ” Murthy, we’ve, Murthy, they’re, you’re, can’t, Dr, Sanjay Gupta, CNN’s Andrea Kane Organizations: CNN, Pew Research Center, YouTube, Big Tech, CNN Health

It's focused on maximizing your after-tax yield with a diverse, low-cost blend of bond ETFs. Here's everything you need to know about the new Wealthfront automated bond portfolio. Read our review Read Our Review A looong arrow, pointing rightWhy you should consider an automated bond portfolioWealthfront's automated bond portfolio pays a 5.48% yield, which is higher than Wealthfront's own cash account that pays 4.55% to 5.05%. Also, the automated bond portfolio may be tax-advantaged, but there's no guarantee that it will work. It also invests in a blend of commission-free bond ETFs and iShares bond ETFs.

Persons: Wealthfront, —, Charles Schwab, you'll Organizations: Bond, Service, SEC, Reading Chevron, Treasury, Fidelity, Wealthfront

☆ Crypto is Gen Z’s most common investment. That may be risky, experts said
▼ + stars: | 2023-06-07 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

But while young people can afford to take more investment risk relative to older generations, using crypto as the linchpin of an investment portfolio is nonetheless a risky bet due to its volatility, experts said. Crypto zeal a concern if investors don't diversifyFifty-five percent of adult Gen Z investors currently invest in crypto, according to the joint Finra-CFA Institute report. Gen Z is a cohort born in the late 1990s and into the 21st century, meaning its oldest members are in their mid-20s. The joint Finra-CFA Institute report doesn't specify the average share of Gen Z investors' portfolios allocated to cryptocurrency. Gen Z investors in the U.S. view themselves as risk-takers.

Persons: Gen, Coinbase, Binance, Crypto, —, Gerri Walsh, Walsh, Ted Jenkin, cryptocurrency, They've, Jenkin, bitcoin, It's, There's, they've Organizations: CFA Institute, Financial Industry, Investor Education, Securities and Exchange Commission, SEC, Finance, Finra Investor Education Foundation, Meta, cryptocurrency Locations: Atlanta, cryptocurrency, U.S

☆ Chinese snooker players banned for life for match-fixing, eight others suspended
▼ + stars: | 2023-06-07 | by ( Andrew Mcnicol | ) edition.cnn.com time to read: +4 min

CNN —Two professional Chinese snooker players have been banned for life and eight others suspended after being found guilty of match-fixing and other charges, the sport’s governing body has announced. Traditionally snooker was dominated by players from the United Kingdom, but in recent years has seen an influx of Chinese talent, with the sport soaring in popularity there. Liang was the first Chinese player to be suspended in connection with the investigation in October. The remaining players either joined in with match fixing or made illegal bets themselves. If any player is involved in fixing a snooker match, they will be caught and will face severe penalties,” he added.

Persons: Liang Wenbo, Li Hang, Zhao Xintong, Yan Bingtao –, –, Lu Ning, Zhao Jianbo, Chang Bingyu, Bai Langning, Chen Zifan, Zhang Jiangkang, Liang, Li, ”, Jason Ferguson, ” “ Organizations: CNN, Snooker Association, Integrity Association Locations: China, United Kingdom

☆ These Taquitos Are an All-Night Breakfast of Champions
▼ + stars: | 2023-06-07 | by ( Bryan Washington | ) www.nytimes.com time to read: +2 min

Though its roots might be attributed to the Mexican flauta, the taquito’s origins are varyingly tied to early-20th-century California. On the Whataburger menu, a less traditional form of the taquito holds a place of distinction. What makes taquitos especially dreamy is how they weave into the rhythms of daily life. I’ve scarfed them while jogging from Terminals B — the only terminal with a Whataburger — to E through George Bush Intercontinental Airport. But what makes taquitos especially dreamy is how they weave themselves into the rhythms of daily life: I’ve picked up sacks of Whataburger taquitos en route to help paint friends’ houses.

Persons: you’ve, Whataburger, I’ve, George, I’ll Organizations: George Bush Intercontinental Airport Locations: California, Corpus Christi , Texas, South, mayo

☆ Ted Cruz is citing the Bible and preaching on Twitter in defense of the LGBT community, and it's quite something
▼ + stars: | 2023-06-06 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Ted Cruz preached tolerance for the LGBT community during a Twitter spat with a pastor. "Let he that is without sin among you, let him first cast a stone at her," Cruz tweeted. The Texas senator then invoked another Bible verse to support his argument that gay people should not be persecuted. We are talking the laws of man, not the Old Testament laws of God,'" Cruz tweeted. Cruz also mentioned another Bible verse — "let he that is without sin among you, let him first cast a stone at her" — arguing that it is cruel and hypocritical to judge others for sinning.

Persons: Ted Cruz, Cruz, —, Sen, Tom Ascol, Jesus, Caesar, Ascol, Hodges, Roe, Wade Organizations: Service, Newsweek, The Texas Tribune Locations: Florida, Texas, Uganda

☆ Lululemon stands by decision to fire employees who intervened in robbery
▼ + stars: | 2023-06-06 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +4 min

“It’s only merchandise.”McDonald said the employees “knowingly broke the policy” and engaged with the thieves, including following them out of the store. As economic fears grow amid inflation and rising borrowing costs, incidents of retail crime are mounting. Target (TGT) last month said it was bracing to lose half a billion dollars this year because of rising theft. “This is organized retail crime. “We’ve had instances, and we’ve seen in other retailers instances where employees step in and are hurt or worse, killed,” he told CNBC.

Persons: New York CNN — Lululemon’s, LULU, Calvin McDonald, “, ”, ” McDonald, Lululemon, Read Hayes, criminologist, they’ve, ” Lululemon, Nordstrom, Hayes, McDonald, “ We’ve, we’ve Organizations: New, New York CNN, “, CNBC, University of Florida, Prevention Research Council, Walmart, Target, “ Retailers, CNN, Employees, Dollar, Foods, Walgreens, National Retail Federation Locations: New York, Peachtree Corners , Georgia, Peachtree, Georgia, harm’s, San Francisco, Bethesda , Maryland

☆ Vaping helps fuel huge rise in bad behavior on planes
▼ + stars: | 2023-06-05 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +3 min

CNN —There was the hope that when mask mandates on planes ended and people got used to traveling again, airplane passenger behavior might improve. Unruly passenger incidents were more than a third higher in 2022 than in 2021, a new global analysis by the International Air Transport Association (IATA) has revealed. Incidents of physical abuse remain thankfully rare but had a worryingly huge increase of 61% in 2022 over 2021. Zero tolerance“The increasing trend of unruly passenger incidents is worrying. IATA also wants to increase guidance, training and sharing of best practice when it comes to preventing and de-escalating incidents.

Persons: ”, Conrad Clifford, Said Clifford, “, Clifford Organizations: CNN, International Air Transport Association, US Federal Aviation Administration Locations: Paris, Canada, Montreal

CNN —A disruptive passenger on a Friday flight from Paris, France, to Detroit, Michigan, is facing criminal charges after his behavior caused the plane to be diverted to Canada, police said. The flight, operated by Delta Air Lines, left Charles de Gaulle airport in Paris Friday morning and was in the air for about six hours before landing in Canada, according to flight tracker FlightAware. After about 90 minutes at the Canadian airport, it took off and headed to Detroit. “Delta has zero tolerance for unruly behavior, especially when it potentially compromises the safety of our customers and flight crew,” a Delta spokesperson said in a statement regarding the incident. Last year there were more than 2,300 reports of unruly passenger behavior, according to US Federal Aviation Administration statistics.

Persons: Cpl, Jolene Garland, Garland, Charles de Organizations: CNN, Royal Canadian Mounted Police, Stephenville, Delta Air Lines, Delta, US Federal Aviation Administration, FAA Locations: Paris, France, Detroit , Michigan, Canada, Newfoundland, Stephenville Municipal, Charles de Gaulle, Detroit

☆ IMF chief says there's no significant slowdown in lending and the Fed may need to do more
▼ + stars: | 2023-06-05 | by ( Jihye Lee | ) www.cnbc.com time to read: +2 min

The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal Reserve to change course with its rate-hiking cycle. "We don't yet see a significant slowdown in lending. The Federal Reserve in a May banks report warned that lenders are worried about conditions ahead, as trouble in mid-sized financial institutions in the U.S. caused banks to tighten lending standards for households and businesses. A majority of major global central banks, including the U.S. Federal Reserve, have tightened their monetary policy aggressively to tame soaring inflation. Meanwhile, the world's global debt has swelled to a near-record high of $305 trillion, according to the Institute of International Finance.

Persons: Georgieva, Kristalina Georgieva, Karen Tso, Pierre, Olivier Gourinchas, IIF Organizations: Monetary Fund, U.S . Federal Reserve, Federal Reserve, CNBC, Institute of International Finance Locations: Dubrovnik, Croatia, U.S

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