The next phase of the Fed’s historic inflation fight is waiting for rate cuts – CNN
The Federal Reserve has raised interest rates to their highest level in 22 years in an aggressive bid to curb inflation, and there’s a chance...
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Private fund industry prepares for battle over sweeping US rules – The Financial Times
The global private funds industry is bracing for one of the most sweeping regulatory reforms in its history as the US Securities and Exchange Commission...
UK to spend £100m in global race to produce AI chips – The Guardian
The government will spend £100m to try to win a toe-hold for the UK in the global race to produce computer chips used to power...
Banks Don’t Love Rich Mortgage Borrowers as Much as They Used To – WSJ
Sheila Smith was set to get a mortgage for about $750,000 to buy an investment property in Sedona, Ariz., earlier this year. The lender, a...
‘It gave us some way to fight back’: New tools aim to protect art and images from AI’s grasp – CNN
For months, Eveline Fröhlich, a visual artist based in Stuttgart, Germany, has been feeling “helpless” as she watched the rise of new artificial intelligence tools...
Why investors are gambling on placid stockmarkets – The Economist
Sod’s law, the axiom that if something can go wrong then it will, is about as British as it gets. But traders around the world...
Mortgage Rates Hit 7.09%, Highest in More Than 20 Years – WSJ
The average mortgage rate rose to 7.09%, its highest level in more than 20 years, according to data released Thursday by mortgage giant Freddie Mac....
Treasury yields near 16-year high as bond market shifts from low-rate era – The Financial Times
Yields on long-term US government debt on Thursday neared their highest level since 2007 as investors increased bets that the Federal Reserve would successfully avoid...
Flying taxis could soon be a booming business – The Economist
Paris has long been at the heart of the history of flight. It is where the Montgolfier brothers ascended in the first hot-air balloon in...
Crypto Wallet Provider Ledger to Let Users Buy Bitcoin, Ether Through PayPal Account – Coindesk
Hardware wallet maker Ledger has partnered with payments giant PayPal to allow users to buy crypto in its Ledger Live app through their PayPal accounts,...