Traders share Pope Leo’s worries on AI’s job market impact
Pope Leo XIV holds his weekly general audience at St. Peter’s Square in Vatican City, June 11, 2025.…
Australia CPI expected to keep pressure on RBA to maintain hawkish stance
The highlight in the Australian economic docket this week is the April Consumer Price Index (CPI) figures, which…
Have We Entered an Era of High Productivity Growth?
The U.S. economy expanded at a relatively steady pace of around 2.5% per year over the past three…
Japan government retains its assessment that the economy is recovering moderately in May
There is no change to the assessment from April (which was also the same as in March), as…
Industrial sovereignty: Five sectors where the EU is critically dependent on China
Europe’s reliance on Chinese goods has grown so structurally embedded in certain sectors that credible alternatives have all…
Next boss blames tax rises for squeeze on entry-level jobs
The boss of the high street retailer Next has warned that government tax rises are fuelling a “crisis…
Indonesia jolts China with ‘hostile takeover’ of key commodities in American-influenced move
Indonesia is overhauling its trade policies for key commodities in a sudden move that some experts liken to…
Bank of Canada Warns Low Hire, Low Fire Job Market Creates ‘Inertia’ – Bloomberg.com
Bank of Canada Warns Low Hire, Low Fire Job Market Creates ‘Inertia’ Bloomberg.comBank of Canada warns of ‘low-hire, low-fire’…
G.D.P. Is a Flawed Measure of Prosperity. Alternatives Are On the Way.
It’s no secret that gross domestic product, the number that serves as a measure for economic progress around…
China should learn household balance sheet lessons from US subprime crisis: report
China should draw on American experience to better understand the strains the property downturn and falling home prices…
ECB inflation outlook: Villeroy says bank ready to act
The European Central Bank “will do what is necessary” to keep inflation on target, one of its top…
Pakistan offers up 3 state-owned power distributors in privatization push
Business deals Some experts view them as ‘crown jewels’ while others warn of inheriting endemic risks A power…