GM says it will invest $4 billion to increase US production – CNN
General Motors said on Tuesday that it would invest $4 billion into three US plants to boost production of gas and electric vehicles, as a...
Category : News En
US Inflation Seen Picking Up With Some Tariff Pass-Through – Bloomberg
Forecasters say underlying US inflation likely picked up in May, reflecting a modest impact from tariff pass-through for goods that are mostly imported, while some...
Gold overtakes euro as global reserve asset, ECB says – The Financial Times
Gold has overtaken the euro as the world’s second most important reserve asset for central banks, driven by record purchases and soaring prices, according to...
Global economy on track for worst decade since 1960s, World Bank warns – CNN
Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President...
U.K.’s Labor Market Cools, Keeping BOE on Course for Summer Rate Cut – WSJ
The U.K.’s labor market cooled in the three months to April, offering reassurance to Bank of England policymakers despite the level still being well above...
The rise of the loner consumer – The Economist
In the grim pandemic years, people got used to staying inside. Outlays on services, including everything from restaurant meals and foreign travel to elective medical...
An ever riskier world economy – The Financial Times
We are living in the early stages of a revolution — the attempted conversion of the American republic into an arbitrary dictatorship. Whether Donald Trump...
Apple may be the only tech company getting AI right, actually – CNN
Apple’s big developer summit is a Silicon Valley institution. The company has been hosting it every year since 1983, and in more recent years the...
China’s Huawei plays down its chipmaking capabilities – The Financial Times
Huawei’s founder said the US was exaggerating the Chinese chipmaker’s capabilities and played down his company’s technology amid trade talks between Beijing and Washington that...
ECB’s Schnabel Says Now Is Right Time to Boost Role of Euro – Bloomberg
European Central Bank Executive Board member Isabel Schnabel sees a favorable moment now to strengthen the euro’s global role as investors turn to Europe....