ECB ‘hell-bent’ on rate hike ‘mistake’: economist flags recession risk
The European Central Bank would be making “a big mistake” by hiking interest rates in a bid to…
Canada triples US streamers’ financial contributions to Canadian content
OTTAWA, Ontario (AP) — Large online streaming services must contribute 15% of their Canadian revenues to Canadian content,…
‘Cash is king’: Hong Kong, mainland Chinese firms hoard reserves as growth options narrow
More companies and conglomerates in Hong Kong and mainland China are hoarding cash on their balance sheets –…
Kevin Warsh's potential Fed chairmanship sparks economic debate on inflation – Fox News
Kevin Warsh’s potential Fed chairmanship sparks economic debate on inflation Fox NewsKevin Warsh Wants to Remake the Fed. Here’s…
Why Oil’s Supply Crunch Could Arrive Late
The oil market still looks surprisingly calm for a system that has spent nearly three months absorbing the…
Iran war squeezes Europe’s economy as growth slumps, prices surge
The energy shock from the Iran war is seeping ever deeper into the European economy, presenting policy-makers with…
Fed Chair Kevin Warsh Has a New Inflation Nightmare: AI Is Skyrocketing Prices
Quick Read NVIDIA’s (NVDA) data center revenue hit $75.25 billion in Q1, up 92% year-over-year, as the AI…
Congo-Brazzaville raises $850 million bond in London market comeback
The 2036 bond, listed in London and carrying a 9.5% coupon, attracted more than $1.6 billion in…
Ro Khanna blames ‘clueless’ boomers for Gen Z booing AI: They handed over a ‘broken economy’
Rep. Ro Khanna (D-Calif.) had a simple message for graduates at Suffolk University in Boston last Sunday: AI’s…
A Nobel economist figured out 60 years ago that people learn best on the job. The Atlanta Fed says AI is making that almost impossible
Sixty years ago, an economist named Kenneth Arrow sat down and worked out something that seemed almost too…
Mortgage Rates Recover After Starting Higher
After posting a decent recovery from 9-month highs yesterday, it looked like mortgage rates were destined to bounce…
No kids, more flexibility: How DINKs and SINKs are reshaping consumer spending
For some Americans, the traditional family budget is getting rewritten: no diapers, no daycare, no college fund. A…