Bank poised to hike interest rates as inflation remains unchanged at 8.7% – The Guardian
The UK’s annual inflation rate unexpectedly remained unchanged in May at 8.7%, adding to the pressure on the Bank of England to increase the cost...
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Investors Are Putting America First Again – WSJ
The S&P 500 is beating most international benchmarks this year, thanks to surge in big tech shares. U.S. stocks are zooming past their international counterparts...
Fed Picks Pledge to Cool Inflation in Senate Nomination Hearing – Bloomberg
Three Federal Reserve nominees — two of them current central bank policymakers — said tackling US inflation would be their top priority if confirmed to...
Yes, inflation is coming down. That doesn’t mean goods and services will be cheaper – CNN
If inflation falls to 2% by the end of this year, that means the cost of everything will no longer be going up, right? Wrong....
Why Inflation Around the World Just Won’t Go Away – WSJ
The world’s central banks underestimated inflation last year. They are trying not to make the same mistake twice. Across affluent countries, central bankers are sharply lifting...
UK Headed for Recession if Rates Reach 6%, Economist Says – Bloomberg
Britain could tip into a shallow recession if the Bank of England pushes its benchmark lending rate to 6% as investors expect, an analysis by...
AI drive-thrus may be good for business. But not for the rest of us – CNN
Over the past few years, restaurants from White Castle to Wendy’s have been investing in artificial intelligence tech for drive-thrus. They say it’s a way...
How to get started with investing – The Guardian
While interest rate rises put pressure on mortgage borrowers on variable rates or those coming to the end of fixed-rate deals, they do bring some...
Britain’s Economic Turmoil Is Hitting Women the Hardest – Bloomberg
Women are bearing the brunt of Britain’s struggle to stamp out a stubborn dose of inflation, the country’s leading gender economists warned ahead of figures likely...
Asset managers pressure tech companies over possible AI misuse – The Financial Times
Big institutional investors are increasing pressure on technology companies to take responsibility for the potential misuse of artificial intelligence as they become concerned about the...