Bank of Canada Lifts Interest Rates, Warns Path to Stable Inflation at Risk – WSJ
The Bank of Canada raised its main interest rate by a quarter-point on Wednesday to a new 22-year high and said the path toward its...
Author : Nelli Avetisyan
Is big business really getting too big? – The Economist
Governments are at war with big business. In June Joe Biden, America’s president, spoke for many politicians the world over when he blamed it for...
Elon Musk announces a new AI company – CNN
Elon Musk on Wednesday announced the formation of a new company focused on artificial intelligence, after months of teasing plans to build a rival to ChatGPT. The...
Winning the Advanced-Network Race
As the development of 5G and 6G technology becomes increasingly intertwined with AI, the resulting next-generation industrial and security applications will bring immense risks and...
Businesses are cutting workers’ hours in a warning sign for the economy – The Washington Post
Businesses are starting to cut workers’ hours, forcing hundreds of thousands of people into part-time roles, in what could be an early warning sign for...
Largest UK Lenders Pass Latest Bank of England Stress Tests – Bloomberg
The Bank of England said the UK’s eight largest lenders all passed its latest stress test, which examined their resilience to an economic shock worse...
End of Easy Money: Financial Conditions Loosen Again for Junk-Rated Companies. But Some that Long Teetered Finally Go Over the Bankruptcy Cliff – Wolf Street
Financial conditions for junk-rated companies have tightened only a little since the Fed started tightening in early 2022, from the loosey-goosey levels in 2021, and...
OECD says rich economies on cusp of AI ‘revolution’ – The Financial Times
The OECD has said mass adoption of generative AI in the workplace will trigger a wave of job losses and ethical issues, as it warned...
Why the Early Success of Threads May Crash Into Reality – The New York Times
A big tech company with billions of users introduces a new social network. Leveraging the popularity and scale of its existing products, the company intends to...
PODCAST: Investment masterclass: Four ways to beat the market
Algy Hall has four strategies for seeking out stocks that will outperform the index, highlighted in his new book Four Ways to Beat the Market....