Capita Swings to Pretax Loss on Higher Costs
By Najat Kantouar Capita said swung to a pretax loss, dragged by business exits and costs that included a hit from a cyberattack. The U.K. outsourcing business said Wednesday that …
industrial news
Opinion: Higher interest rates are a tax on U.S. economic growth
U.S. interest rates have surged in the past few months. If this persists, it has serious consequences for the sustainability of federal deficits and U.S. economic growth. The Federal Reserve …