3 risks to global economic growth – CNN
The global economy is finally on track to stabilize. That doesn’t mean it won’t face challenges. The World Bank on Tuesday raised its 2024 outlook...
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Stung by Past Mistakes, a Wary Fed Takes Its Time – WSJ
Federal Reserve Chair Jerome Powell’s approach to cutting interest rates based on forecasts that inflation will continue moving lower could be summed up by the...
Has private credit’s golden age already ended? – The Economist
The history of leveraged finance—the business of lending to risky, indebted companies—is best told in three acts. High-yield (or “junk”) bonds were the subject of...
Bank of Canada Official Says QE Helped Lift Growth By As Much As 3% – WSJ
A senior Bank of Canada official on Thursday provided one of the central bank’s most fulsome defenses yet for purchasing a sizable chunk of bonds...
The cracks in America’s ultra-strong labour market – The Economist
It is the million-person mystery, and its solution will help determine just how strong American growth truly is. According to an official survey of employers,...
Fed Officials Dial Back Rate Forecasts, Signal Just One ‘24 Cut – Bloomberg
Federal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep borrowing costs high...
US inflation falls to 3.3% in May in boost to markets – The Financial Times
US inflation fell to 3.3 per cent in May, raising expectations of early interest rate cuts and delivering a boost to the stock market and...
World faces ‘staggering’ oil glut by end of decade, energy watchdog warns – The Financial Times
The world faces a “staggering” surplus of oil equating to millions of barrels a day by the end of the decade, as oil companies increase...
U.K. Economy Slows, Underlining Government’s Challenges as Elections Loom – WSJ
The U.K.’s economic recovery sputtered to a halt at the start of the second quarter, underlining the scale of the task facing the next government...
Apple’s AI: We’ve seen some of this before – CNN
Apple is about to throw artificial intelligence into the mainstream, but some of it is similar to what its competitors are already doing. In a...