Fiscal Debt Binge Is World’s Biggest Stability Threat, BIS Says – Bloomberg
Government borrowing habits pose the biggest danger to world economic stability and recent shifts in market sentiment should serve as a warning, the Bank for...
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France Has a Debt Problem, But Europe Does Not – WSJ
France has a debt problem, but the European Union in aggregate does not. French lawmakers last week ousted a prime minister for the first time...
AI adds bespoke features to ready-made tools – The Financial Times
The ability of large language models (LLMs) to sort through troves of documents has been seized on by law firms. As the technology develops, a...
RBA Hold Rates Steady But Sounds More Confident That Inflation Is Being Tamed – WSJ
The Reserve Bank of Australia kept interest rates on hold as expected on Tuesday, but said it is gaining confidence that inflation is on track...
U.S. Wholesale Inventories Rose in October, Reversing September’s Fall – WSJ
Stocks at U.S. wholesalers rose in October, flipping the decline of last month, Commerce Department data said Monday.Inventories at merchant wholesalers were up 0.2% on...
Why Talk of a Half-Point ECB Rate Cut Just Won’t Go Away – Bloomberg
Investors and economists can’t quite shake the idea that the European Central Bank will deliver a bigger cut in interest rates over the coming months....
Why the Coolest Job in Tech Might Actually Be in a Bank – WSJ
Working in a bank’s technology department might finally be as cool as landing a job at Google. The market for tech talent is more measured...
UK ‘needs to play catch-up’ in global race to rewire electricity grids – The Guardian
The UK is lagging behind in the race to rewire the world’s power grids by investing four times more on renewable energy projects than on...
Scientific breakthrough gives new hope to building quantum computers – The Financial Times
One of the biggest remaining technical hurdles in the race to build practical quantum computers has been cleared, according to experts in the field, potentially...
US job growth surged in November, adding 227,000 jobs – CNN
Job growth surged in November, an expected rebound after hurricanes and striking workers heavily distorted the October data.However, looking past the pendulum swing of recent...