Canadian Bank Earnings to Land Under Cloud of Trade Uncertainty – WSJ
Expectations of broadly positive quarterly results from Canada’s largest lenders could be drowned out by uncertainty and risk as the country remains on alert for...
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UK Energy Bills Jump for Third Quarter, Weighing on Economy – Bloomberg
The UK energy price cap will rise 6.4% in April, a third consecutive hike that will make it more difficult to achieve the government’s goal...
Germany Confirms Economic Contraction, Emphasizing Challenge for Next Government – WSJ
Germany’s economy contracted in the final quarter of 2024, the country’s statistics agency confirmed Tuesday, underlining the scale of the challenge for the next German...
ECB Might Have to Lower Key Rate to Level That Stimulates Economy, Wunsch Says – WSJ
The European Central Bank may have to lower its key rate to a level that stimulates activity if the eurozone economy remains weak and inflation...
The U.S. Economy Depends More Than Ever on Rich People – WSJ
Many Americans are pinching pennies, exhausted by high prices and stubborn inflation. The well-off are spending with abandon.The top 10% of earners—households making about $250,000...
Pollution from Big Tech’s data centre boom costs US public health $5.4bn – The Financial Times
“Big Tech’s growing use of data centres has created related public health costs valued at more than $5.4bn over the past five years”, mainly due...
Berkshire Hathaway’s operating earnings surge 71% with record cash pile – CNN
Warren Buffett’s Berkshire Hathaway (BRK.A) on Saturday reported operating earnings for the fourth quarter rose 71% after taxes year-over-year to a record $14.5 billion. Berkshire...
U.K. Inflation Reaches 10-Month High, Complicating Bank of England’s Rate Path – WSJ
U.K. annual inflation in January reached its highest level since March last year, complicating the picture for the Bank of England after it said it...
Fed Minutes Reveal Little Appetite for Near-Term Rate Cuts – WSJ
Fed officials were broadly comfortable with their decision to hold interest rates steady at their meeting last month and offered nothing to suggest any immediate...
Microsoft unveils chip it says could bring quantum computing within years – The Guardian
Quantum computers could be built within years rather than decades, according to Microsoft, which has unveiled a breakthrough that it said could pave the way...