Why the Fed Is Right to Bide Its Time on Rate Moves – WSJ
If you want to know the trouble with a balanced outlook, ask a tightrope walker. The Federal Reserve has finally reached the stage of being...
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Three things investors probably don’t know, but should – CNN
The first quarter of 2024 was a good one for Wall Street. But markets have since soured, as investors lost confidence in the likelihood of...
Global trade growth set to more than double this year – The Financial Times
Global trade growth is set to more than double this year as inflation eases and a booming US economy helps to drive activity, according to...
The Reasons the Fed’s Bowman is “Willing” to Hike Rates if “Data Indicate Progress on Inflation Has Stalled or Reversed” – Wolf Street
The first three months of the year have produced a nasty re-acceleration of inflation in the US. It was across the board: in the Consumer...
‘Green Shoots’ Grow Out of Control on Wall Street – WSJ
Green shoots are showing across the U.S. There’s talk Wall Street is next. After a two-year frost, bankers are welcoming signs that dealmaking will finally...
ECB’s Lane Says He’s More Certain Inflation Is Returning to Goal – Bloomberg
European Central Bank Chief Economist Philip Lane said recent euro-area data have made him more certain that inflation is returning to the 2% goal, raising the likelihood of...
IT Unemployment Rate Falls Slightly Amid Broader Hiring Slowdown – WSJ
The unemployment rate for U.S. information-technology workers ticked down to 2.8% in April from 3% in March, according to the trade group CompTIA, a sign...
Welcome to ‘the Tepid Twenties’? The US economy’s strength won’t be enough to boost global growth – CNN
The global economy is at risk of stagnating in the coming years — and America’s robust economic strength may not be enough to save it....
Big tech’s great AI power grab – The Economist
Big tech wants more computing power. A lot more. According to their latest quarterly reports, Alphabet (Google’s corporate parent), Amazon and Microsoft—the world’s cloud-computing giants—collectively...
The Economic Slowdown Is Finally Here. Welcome It. – WSJ
Evidence is stacking up that the U.S. economy has slowed, led by the formerly red-hot services sector. Yet overall activity levels remain healthy, and some...