Week Ahead for FX, Bonds: PMI Data, Middle East Conflict in Focus – WSJ
Preliminary purchasing managers’ surveys in the eurozone, U.K. and U.S. are among the biggest highlights in the week ahead. The surveys on manufacturing and services...
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AI is turning the ad business upside down – The Economist
The advertising business sells nothing so well as itself. This talent was on full display at the industry’s annual awards in Cannes, which began on...
Fed’s Hawkish Tone Stirs Placid Market – WSJ
The Federal Reserve kept interest rates on hold Wednesday afternoon but Chair Jerome Powell and other members of the central bank struck a more hawkish...
Investors ignore world-changing news. Rightly – The Economist
Missile warfare has erupted in the Middle East. On June 13th, as the bombs began to fly, S&P 500 futures fell by 1.6%. But as...
Why Big Tech cannot agree on artificial general intelligence – The Financial Times
“A big problem with many definitions of AGI is that they do not specify clearly enough what an AI system needs to be able to...
Why today’s graduates are screwed – The Economist
Pity the ambitious youngster. For decades the path to a nice life was clear: go to university, find a graduate job, then watch the money...
Swiss Central Bank Cuts Interest Rate to Deter Search for Safe Haven – WSJ
Switzerland’s central bank cut interest rates to zero as it hopes to rein in the rapidly appreciating franc, which has acted as a safe haven...
Texas Instruments to invest more than $60 billion to make semiconductors in the US – CNN
Texas Instruments will invest more than $60 billion to expand semiconductor manufacturing in the United States, the company announced on Wednesday, as President Donald Trump...
U.K. Inflation Eases Slightly Despite Concerns Over Rallying Oil Prices – WSJ
U.K. inflation cooled a little in May but remained well above the Bank of England’s target, with the rise in oil prices prompted by the...
If the Fed lowers interest rates this year, it’ll likely be because of bad news. Here’s why – CNN
Rising unemployment will likely be what pulls the trigger for the Federal Reserve to finally begin lowering interest rates again, economists say.Since January, the Fed...