Long Shadow of the Fed Shows Limits of ECB Talk of Independence – Bloomberg
The European Central Bank insists it won’t take any cues from the Federal Reserve on when to start cutting interest rates — but its subsequent...
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Jay Powell says Federal Reserve’s inflation fight is ‘not done’ – The Financial Times
Jay Powell said the Federal Reserve’s job of bringing down inflation was “not yet done” and the US central bank needed “greater confidence” that price...
Side Effect of US Oil & Gas Boom: Record Ethane Production & Exports – Wolf Street
US production of ethane – one of the natural-gas liquids that are in the hydrocarbon mix at oil and gas wells – rose 9% in...
Swiss Inflation Unexpectedly Slows, Vindicating SNB Rate Cut – Bloomberg
Swiss inflation unexpectedly eased — vindicating the central bank’s surprise interest-rate cut last month.Consumer prices rose 1% from a year ago in March, the statistics...
Google considers charging for AI-powered search in big change to business model – The Financial Times
Google is considering charging for new “premium” features powered by generative artificial intelligence, in what would be the biggest ever shake-up of its search business....
Building long-term resilience: moving from tactical to strategic workforce management – Independent
Employers consistently emphasise the significance of “talent”, whether it be articulated in the polished pages of an annual report, discussed during company gatherings or exchanged...
Fed Officials Say Three Rate Cuts a Reasonable Baseline for 2024 – Bloomberg
Two Federal Reserve officials who vote on monetary policy decisions thisyear said they still expect the US central bank to cut rates three times in2024,...
UK private equity dealmakers earned £5bn in carried interest – The Financial Times
A group of 3,000 UK private equity dealmakers shared £5bn in carriedinterest in the 2022 tax year, highlighting the large sums at stake in thedebate...
US job openings edged higher in February as layoffs returned to pre-pandemic levels – CNN
Demand for workers in the US picked up slightly in February in a sign thatthe job market remains on strong footing, though layoffs also ticked...
Tesla and BYD sales fall as concerns mount over electric shift – The Financial Times
Elon Musk’s Tesla and Chinese rival BYD both reported sharp falls in electriccar sales, adding to concerns of the slowing shift towards electric vehicles.The companies...