ECB Is Poised to Cut Rates Again in Warm-Up Act for the Fed – Bloomberg
The European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as the global monetary...
Category : News En
IT Unemployment Hits 6% Amid Overall U.S. Jobs Growth – WSJ
The unemployment rate for information-technology workers rose to 6% in August, up from 5.6% the prior month as the boom in artificial intelligence continued to...
Week Ahead for FX, Bonds: U.S. Inflation Figures, ECB Rate Decision, China Data in Focus – WSJ
U.S. inflation data for August will take center stage as investors anticipate that the Federal Reserve will start cutting interest rates this month, while the...
European banks set for slowest mortgage lending growth in decade – The Financial Times
European banks are on course to record zero growth in mortgage lending for the first time in a decade this year because of high interest...
Has social media broken the stockmarket? – The Economist
Sometimes efficiency is obvious. On a production line for, say, chocolatey treats, it is a series of whirring, specialised machines busy enrobing a biscuit in...
Intel in crisis: chipmaker considers drastic change to catch AI rivals – The Financial Times
Intel chief executive Pat Gelsinger received an unusually direct demand from the company board in the spring of last year: pay closer attention to its...
US Services Activity Expands at Modest Pace for Second Month – Bloomberg
The US services sector expanded at a modest pace for a second month in August as a measure of employment effectively stagnated and order backlogs...
US, Britain and Brussels to sign agreement on AI standards – The Financial Times
The three major western jurisdictions building technologies for artificial intelligence have signed the first international treaty on the use of AI that is legally binding,...
OPEC+ extends oil output cuts again through November – CNN
The Organization of the Petroleum Exporting Countries and its allies — the coalition of the world’s top oil producers known as OPEC+ — said Thursday...
German Factories Get Unexpected Demand Boost From Big-Ticket Orders – WSJ
Orders at German factories rose unexpectedly in July, adding to the previous month’s rise and offering a rare bright ray for the troubled manufacturing sector....