Cooling Eurozone Inflation Opens Path for ECB Rate Pause – WSJ
Inflation in the eurozone declined to a 15-month low in May, opening a window for the European Central Bank to pause its aggressive interest-rate increases....
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UK and US poised to fall into recession as interest rates dampen growth – The Guardian
Stubbornly high inflation and higher borrowing costs are poised to drive the economies of the UK, Germany and US into recession, the leading rating agency...
6 money tips new graduates should know – WSJ
The congratulatory greeting cards are nice, but let’s face it: When new grads rip one open, they really hope there’s cash or a check inside....
The global economy has likely been spared a US debt default. It still faces a mountain of risks – CNN
With the threat of an unprecedented US debt crisis receding fast, the global economy looks to have dodged a huge shock. But there are still...
Financial coaching: bridging the advice gap or a new danger? – The Financial Times
Mind the advice gap, says the UK regulator. This phrase represents the growing chasm between those who get financial advice and those who want it....
Fed Signal for Rate Pause Takes Pressure Off Hot Jobs Report – Bloomberg
Federal Reserve officials are signaling they plan to keep interest rates steady in June while retaining the option to hike further in coming months, steering...
The world’s oil-price benchmark is being radically reformed – The Economist
The price of Brent crude has a decent claim to be the world’s most important number. Two-thirds of the 100m barrels a day of oil...
Housing market could be hit by higher interest rates, Nationwide warns – BBC News
More rises in mortgage interest rates could hit the UK’s housing market, Nationwide has warned. The building society said that house prices in the year...
‘Everyone will get affected’: Tesla jolts EV charging industry – The Financial Times
Tesla’s proprietary charging network helped power its rise as the dominant US electric-car maker. Now it is opening that network to rival marques — a...
Elon Musk is once again the world’s richest man – CNN
Elon Musk has reclaimed his position as the world’s wealthiest person. That’s according to a Bloomberg Billionaires tally, which estimated the Tesla (TSLA) CEO’s net...