UK wages grow at a record pace, nearing the inflation rate – CNN
Wages in the United Kingdom grew 7.8% in the three months to June, the fastest annual rate since records began, the Office for National Statistics...
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What Consumers Earn in Interest Income vs. What they Pay in Interest Expense – Wolf Street
Treasury bills up to six month all yield over 5.5%. One-year T-bills yield around 5.4%. This is money that is deemed to have no credit...
The $900,000 AI Job Is Here – WSJ
American companies are in the midst of an AI recruiting frenzy, and some are willing to pay salaries approaching seven figures to hire top talent. ...
The battery revolution: rivals race for car market supremacy – The Financial Times
Lithium-ion batteries have already changed the world, putting smartphones, laptops and wireless headphones in the hands of billions of people. Now they are triggering another...
American stocks are at their most expensive in decades – The Economist
Try a little, and it is never too hard to argue that the stockmarket looks risky and a crash must be coming. But in the...
ECB Still Seen Delivering One Last Hike in September, Poll Shows – Bloomberg
Unmoved by recent signs that inflation pressure is abating, economists continue to predict that the European Central Bank will deliver one final increase in interest...
After Pulling Inflation Down, Gasoline and Food Threaten to Nudge It Up – WSJ
While inflation continued on a downward glide path in July, economists say to brace for some turbulence in coming months as rising energy and food...
In defence of credit-rating agencies – The Economist
Fifteen years ago, in August 2008, the world’s credit-rating agencies were in the midst of the worst period in their history. The global financial crisis...
Three ways Covid changed the restaurant industry – CNN
In March 2020, many US restaurants had to shut their doors during the early days of the Covid pandemic in accordance with local restrictions. Now,...
AI is setting off a great scramble for data – The Economist
Not so long ago analysts were openly wondering whether artificial intelligence (AI) would be the death of Adobe, a maker of software for creative types....