Australia’s Central Bank Remains Fearful of Resurgence in Inflation – WSJ
The Reserve Bank of Australia remains concerned about a resurgence in inflation, which is likely to prevent it from joining the global rush by central...
Author : Nelli Avetisyan
Google’s search dominance is unwinding – CNN
Google is so synonymous with its core product that its name is a verb that means “search.” Yet Google’s dominance of that market is shrinking.For...
German Industry Rebounded in August on Car Production – WSJ
German industrial production rose at its fastest pace this year in August, largely a result of a rebound in the country’s key car industry, though...
A Glossary for the AI Revolution – Bloomberg
Every advance in artificial intelligence comes with a confusing plethora of arcane terminology. Here’s a guide to distinguish your AGIs from your GPTs. The arrival...
How luxury priced itself out of the market – The Financial Times
That luxury goods have a value proposition at all may be news to many. Consumers are quick to decry greedflation when the price of supermarket...
OpenAI, Hearst Strike Deal to Bring News Content to ChatGPT – Bloomberg
OpenAI and Hearst Communications Inc. have struck a deal to bring content from the publisher’s suite of magazines and newspapers into chatbot ChatGPT, adding to...
Creating a “Goldilocks” Business Climate
To address the problems associated with its “Doing Business” rankings, the World Bank Group has developed a new analytical framework to assess an economy’s “business...
Why a key borrowing rate is above 4% again – CNN
A key borrowing rate for American consumers has jumped to a level not seen in months. The yield on the benchmark 10-year US Treasury note...
ECB Will ‘Quite Probably’ Cut Rates This Month, Villeroy Says – Bloomberg
The European Central Bank will “quite probably” cut interest rates at its next meeting later this month, according to Governing Council member Francois Villeroy de...
Financial Services Roundup – WSJ
Activist investor Starboard Value’s reported-$1 billion stake in Pfizer seems like the ideal story for an activist, BMO Capital Markets Evan David Seigerman says in...