ECB to Hike Interest Rates Again With Finish Line in View – Bloomberg
The European Central Bank is set to lift interest rates by another quarter-point as investors ponder if this could be the final salvo in officials’...
Category : News En
Meta Sees Ad Business Rebound but Warns of Higher Spending in Metaverse – WSJ
Facebook parent Meta Platforms META 1.39% reported its highest quarterly sales growth since 2021 as digital advertising continued to rebound, but the company also signaled...
Shopping for a home? There’s a lot working against you right now – CNN
So many things are working against would-be home buyers this summer. The housing market remains stuck, with sales pushed lower by a lack of both...
Next-generation Googles run a tighter ship – The Economist
Mark Zuckerberg dubbed 2023 Meta’s “year of efficiency”, corporate-speak for admitting that his social-media empire was bloated. Since November Meta has cut 21,000 jobs, or...
The World Tied $3.5 Trillion-Plus of Debt to Inflation. The Costs Are Now Adding Up – WSJ
Governments and companies around the world spent decades loading up on trillions of dollars of debt whose interest costs rise and fall alongside inflation. But...
The Fed has paused before. Here’s what happened next – CNN
The Federal Reserve is at a crucial fork in the road after leaving interest rates unchanged at its June meeting for the first time since...
Microsoft and Alphabet’s core businesses resilient as they brace for AI costs – The Financial Times
Microsoft and Alphabet, Google’s parent, reported greater resilience than expected in their core businesses in the second quarter, helping to underpin Big Tech’s recent stock...
US consumer confidence jumps to highest level since July 2021 – CNN
High interest rates aren’t souring Americans’ moods: A key measurement of consumer confidence just shot up to a level not seen since July 2021. The...
French Inflation Expectations Drop to Lowest Since 2009 – Bloomberg
French consumers are increasingly confident inflation will ease over the next 12 months and their assessment of past pressure is also softening. The balance of...
Why the Fed Isn’t Ready to Declare Victory on Inflation – WSJ
Uncertainty over the path of inflation later this summer makes it hard to predict the Federal Reserve’s next steps following a likely quarter-percentage point increase...