ECB’s High-for-Longer Rate Plan Fails to Convince Economists – Bloomberg
The European Central Bank’s plan to maintain interest rates at their eventual peak for an extended period isn’t convincing economists, who see it starting to...
Category : News En
The Biggest Winners in America’s Climate Law: Foreign Companies – WSJ
The 2022 climate law unleashed a torrent of government subsidies to help the U.S. build clean-energy industries. The biggest beneficiaries so far are foreign companies....
What are the risks of using AI in business? – The Financial Times
Artificial intelligence is not new, and nor is anxiety about its power. It is more than 25 years since IBM’s supercomputer Deep Blue beat chess...
Instant payments finally reach America with FedNow – The Economist
America’s financial plumbing is overdue a spot of maintenance. The current payment “rails” on which it is based—built by a group of the country’s biggest...
Business and Labor Square Off Over AI’s Future in American Workplace – WSJ
The Federal Trade Commission’s investigation into the ChatGPT app points to an emerging conflict over how Washington should regulate artificial intelligence, one that could pit...
Markets Cheer U.K. Inflation Slowdown but Pain Remains for Households – WSJ
The pace of inflation in the U.K. slowed more than expected last month, providing a glimmer of hope for Britons who still face a bigger...
Goldman Sachs profits hit by trading slowdown and retail banking retreat – The Financial Times
Goldman Sachs dropped to its lowest quarterly profit in three years, as a costly retreat from consumer banking was compounded by the industry-wide slowdown in...
Apple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAI – Bloomberg
Apple Inc. is quietly working on artificial intelligence tools that could challenge those of OpenAI Inc., Alphabet Inc.’s Google and others, but the company has...
Time to Look at Foreign Demand for the Incredibly Ballooning US National Debt – Wolf Street
Who is buying the ballooning US government debt that has now reached $32.5 trillion? That’s on everyone’s mind. For now, there is way too much...
Threads now has ‘tens of millions’ of daily users. But its honeymoon phase may be over – CNN
Two weeks after Meta launched its Twitter competitor Threads and received an unprecedented amount of user signups, the frenzy around the app appears to have...