Janet Yellen says many Americans still struggling with inflation – The Financial Times
US Treasury secretary Janet Yellen has said “substantial increases” in living costs are a “problem to a lot of people” as persistent inflation dents President...
Category : News En
Walmart and Target are slashing prices. What does that mean for inflation? – CNN
Americans might be noticing markdowns for some everyday essentials during their weekly grocery runs. That doesn’t mean the battle against inflation is won. Walmart saw...
U.K. Consumer Confidence Improves as Inflation Cools Further – WSJ
Confidence among U.K. consumers rose a little in May, with easing inflation and the expectation of falling Bank of England interest rates set to boost...
Two-Speed World Vexes G-7 With Inflation Fading Unevenly – Bloomberg
A two-speed global economy skewed by US strength is overshadowing this week’s Group of Seven meeting as officials confront the prospect of less synchronized monetary...
Elon Musk says AI will take all our jobs – CNN
Elon Musk says artificial intelligence will take all our jobs and that’s not necessarily a bad thing. “Probably none of us will have a job,”...
Can the rich world escape its baby crisis? – The Economist
Three decades ago, when women now entering their 40s became fertile, East Asian governments had reason to celebrate. If a South Korean woman behaved the...
Eurozone Rebound Continues Apace as Germany Powers Recovery, Surveys Show – WSJ
Germany led a continued recovery in eurozone economic activity in May, according to business surveys, adding to signs that global growth is becoming less reliant...
G-7 Finance Chiefs Are Once Again Sidelining Their Debt Load – Bloomberg
Group of Seven finance chiefs meeting in Italy are failing to address a key issue: their own debt. Despite a trajectory of rising borrowings and...
US Jobless Claims Post Biggest Back-to-Back Drop Since September – Bloomberg
Initial applications for US unemployment benefits fell last week, remaining subdued as both demand for workers and layoffs ease. Initial claims decreased by 8,000 to...
Nvidia’s revenue soars 262% on record AI chip demand – The Financial Times
Record sales of artificial intelligence chips sent Nvidia’s revenue soaring 262 per cent in the past quarter, beating lofty expectations, and its chief executive said...