UK households face second year without improved living standards, says IMF – The Guardian
Britain’s households will endure a second year without an improvement in their living standards in 2024 as the effects of high inflation take time to...
Author : Nelli Avetisyan
Jay Powell says US inflation ‘taking longer than expected’ to hit target – The Financial Times
US Federal Reserve chair Jay Powell has said it is likely to take “longer than expected” for inflation to return to the central bank’s 2...
Lagarde Says Germany May Have Turned Corner After Major Shocks – Bloomberg
European Central Bank President Christine Lagarde said the German economy may be starting to recover after being rocked by a series of shocks in recent...
U.K. Labor Market Cools Again, Making Rate Cuts More Likely – WSJ
Unemployment ticked higher and wage growth slowed in the U.K. in the three months to February, adding to key signs that inflation is easing and...
Generation Z is unprecedentedly rich – The Economist
Generation Z is taking over. In the rich world there are at least 250m people born between 1997 and 2012. About half are now in...
Bitcoin halving is likely this week — here’s what you need to know – CNBC
The bitcoin “halving” is almost upon us.This technical event, written in bitcoin’s code, happens every four years. In simple terms, it is when the rewards...
Are We Ready for AI Creative Destruction?
Rather than blindly trusting elegant but simplistic theories about the nature of historical change, we urgently need to focus on how the next wave of...
US retail sales rose in March for the second-straight month – CNN
Spending at US retailers rose in March for the second consecutive month, underscoring the strength of the US consumer fueled by a robust job market....
‘Envy of the World’—U.S. Economy Expected to Keep Powering Higher – WSJ
It has been two years since forecasters felt this good about the economic outlook. In the latest quarterly survey by The Wall Street Journal, business...
Banks’ Exposure to CRE Loans by Bank Size – Wolf Street
Commercial Real Estate loans amount to about $5 trillion. Not all CRE sectors are in trouble. At one end of the spectrum: Industrial is still...