Cuts at Amazon, Other Tech Companies Don’t Spell Recession Yet – WSJ
Amazon.com Inc.’s halt to construction of a new headquarters, on top of a parade of high-profile tech layoffs, looks ominous for the economy. But the...
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Lithuanian fintech sector defies global downturn – Finextra
Lithuania’s fintech sector defied the global investment downturn in 2022, recording an 80% increase in revenue. The country, which has nurtured a position as a...
Eurozone Inflation Edges Lower, but Pressure on Prices Continues – The New York Times
With the winter drawing to a close, inflation levels eased in Europe last month, the European Commission reported on Thursday, even as concerns grew that...
Four reasons a credit-card balance transfer may be a bad idea – The Washington Post
Some credit card users suffer from what I call “serial get-out-of-debt disorder.” This means you if you follow this pattern: You have the ability to...
Artificial intelligence is reaching behind newspaper paywalls – The Economist
There was big news in Canada last week—but if you were in Canada itself you may have missed it. On February 22nd it emerged that...
ECB’s Wunsch Sees 4% Rates Possible If Inflation Stays Strong – Bloomberg
European Central Bank Governing Council member Pierre Wunsch said market bets for interest rates to reach a 4% peak may prove accurate if underlying price...
Deluge of inflation data pushes US borrowing costs to 2007 levels – The Financial Times
An avalanche of hot inflation data over the past month has lifted US borrowing costs to the highest point in a decade and a half,...
10-Year Treasury Yield Tops 4% for First Time Since November – WSJ
Lingering inflation and fears of higher interest rates lifted the 10-year Treasury yield above 4% on Wednesday, marking a fresh acceleration for a historic bond-market...
Bank of England boss says UK interest rates may rise further – BBC News
Interest rates may need to go up again to slow the cost of living down, Bank of England boss Andrew Bailey has said. Mr Bailey...
Fed’s Soft Landing Hinges on a Wage Inflation ‘Head Scratcher’ – Bloomberg
Federal Reserve Chair Jerome Powell and his colleagues confront a “legitimate head scratcher” as they probe how high to raise interest rates in the coming...