Immigration is surging, with big economic consequences – The Economist
The rich world is in the midst of an unprecedented migration boom. Last year 3.3m more people moved to America than left, almost four times...
Category : News En
UK house prices fall unexpectedly for second month in a row – The Guardian
UK house prices have fallen unexpectedly in April for a second consecutive month, according to the building society Nationwide, as interest rate uncertainty and more...
Inflation in UK shops slows amid price cuts on clothes and shoes – The Guardian
Prices in UK shops rose at their slowest rate since late 2021 in April as deep discounts by clothing and footwear retailers put the brakes...
Samsung reports enormous jump in profit on AI boom – CNN
Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some high-end chips, joining rivals in benefiting from a solid rebound in the...
AI Startups Have Plenty of Cash. They Often Don’t Yet Have a Business – WSJ
Artificial intelligence startup Imbue has hoodies branded with its circular orange logo, an office in the heart of San Francisco and marquee investors who lavished...
Tesla shares surge after Elon Musk secures deal with China’s Baidu – The Financial Times
Tesla shares surged after chief executive Elon Musk struck a deal with China’s search and mapping group Baidu paving the way for the US company’s...
Microsoft to Invest $1.7 Billion in Cloud, AI Tech in Indonesia – Bloomberg
Microsoft Corp. will invest $1.7 billion to build out cloud computing and artificial intelligence infrastructure in Indonesia, betting on Southeast Asia’s biggest economy to spur...
What we must still learn about the great inflation disaster – The Financial Times
The Bank of England has failed. It has an inflation target of 2 per cent a year that it has not met. Over the three...
Less work for the same pay won’t fly – but here’s a four-day week that might – The Guardian
According to CNN “4-day workweeks may be around the corner. A third of America’s companies are exploring them.” CNBC says: “This US company tested a...
Money Market Funds, T-Bills, Large CDs, Small CDs: Americans Learn to Arbitrage the Higher-for-Longer Interest Rates – Wolf Street
It’s sort of an anniversary: Treasury bills of three months or shorter have been selling at auction with yields over 5% since mid-April 2023. And...