The Global Race to Hike Rates Tilts Economies Toward Recession – Bloomberg
Central banks are intent on driving the world economy perilously close to a recession. Late to see the worst inflation in four decades coming, and...
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Dollar’s Rise Spells Trouble for Global Economies – WSJ
The U.S. dollar is experiencing a once-in-a-generation rally, a surge that threatens to exacerbate a slowdown in growth and amplify inflation headaches for global central...
British pound hits a 37-year low as UK economy skids
The British pound slumped to a 37-year low on Friday after new data showed that shoppers are pulling back spending as inflation squeezes household budgets,...
The $300bn Google-Meta advertising duopoly is under attack – The Economist
For the past decade there were two more or less universally acknowledged truths about digital advertising. First, the rapidly growing industry was largely impervious to...
U.S. Retail Sales Rose 0.3% in August, Showing Resilience in Face of Inflation – WSJ
Consumers spent at stores and restaurants at a steady pace last month, showing persistent demand despite high inflation. Retail sales, a measure of spending at...
Scientists try to teach robot to laugh at the right time – The Guardian
Laughter comes in many forms, from a polite chuckle to a contagious howl of mirth. Scientists are now developing an AI system that aims to...
Why investors should forget about delayed gratification – The Economist
The marshmallow test is a classic of standardised psychology. A young child is given a marshmallow, and told they can eat it whenever they like....
The world’s second biggest cryptocurrency just got a lot greener – CNN
Ethereum, the world’s second most valuable cryptocurrency, has completed a massive software upgrade that its backers claim will slash its carbon footprint. The long-awaited revamp,...
Adobe Tumbles After Deal to Buy Figma for About $20 Billion – Bloomberg
Adobe Inc. agreed to buy software design startup Figma Inc. in a deal valued at about $20 billion in a bid to expand its suite...
Inflation for U.S. Suppliers Remained Elevated in August – WSJ
U.S. suppliers cut prices for a second straight month in August, underscoring the turbulent inflation backdrop that is leaving investors and policy makers uncertain about...