Real Estate CEO Says Gen Z’s Housing Struggles Aren’t Special — ‘It Is Just As Tough’ As It Was For Boomers
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Big Tech Earnings Reveal Cracks in Case for Massive AI Spending
A week that saw the Federal Reserve cut interest rates and dozens of US companies report earnings nevertheless…
Fed’s Schmid Cites Inflation Risks in Dissent Against Rate Cut
Federal Reserve Bank of Kansas City President Jeff Schmid said he voted against the US central bank’s decision…
Şimşek says recent price data don’t alter disinflation perception
Türkiye’s disinflation process remains on track despite recent price data, Treasury and Finance Minister Mehmet Şimşek said on…
AI Boom Drives US GDP Growth
I’m Ben Holland, an economics editor in Washington. Today we’re looking at the US AI boom and its…
Interest rates will fall again when inflation returns to target but that could require a painful adjustment
There is a big, fat elephant in the room. The federal government insists it has devoted considerable resources…
Albanese’s salad days are stalked by the spectres of stagflation and soaring bills
As the prime minister saunters down the RAAF VIP airstair on Sunday after another successful overseas trip some…
Private Credit’s Rising Pile of ‘Bad PIK’ Points to Default Woes
It was supposed to be a quick fix for a sudden problem in credit markets. Payment-in-kind debt, the…
ECB Holds Rates With Inflation Near 2% and Economy Expanding
The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the…
Take heart, borrowers, Bank of Canada rate cuts might still be on the table
The Bank of Canada made it plain yesterday that this might be it for rate relief. Canada’s central…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
Short-Term Treasuries Fall Amid Progress in US-China Trade Talks
Short-term Treasuries dipped as demand for havens waned amid growing optimism that the US and China are nearing…