Tesla slashes prices for fourth time this year ahead of Q1 results – New York Post
Tesla once again slashed prices on its top-selling vehicles in the US, marking the electric car company’s fourth price reduction this year as it aims...
Author : Nelli Avetisyan
The future of interest rates is a riddle
The return of inflation has surprised many, including central bankers. So has the resulting rise in nominal interest rates. These surprises have brought others with...
U.K. Inflation Edges Lower, but Persists in Double Digits – The New York Times
Britain’s inflation rate slowed in March, but less than economists expected, holding the rate stubbornly high in the double digits. Consumer prices rose 10.1 percent...
Global corporate defaults highest since the pandemic in 2020 – CNN
More companies around the world defaulted on their debts in the first three months of this year than in any quarter since late 2020, when...
Tech companies don’t deserve your loyalty. Become a free agent – The Washington Post
We don’t shake up our technology choices often. It might be devotion or grudging inertia. Most Americans are iPhone people or Samsung phone people. We...
How to explain the puzzle of the world economy. Welcome to the Mona Lisa effect – The Economist
What is Mona Lisa doing? At first glance the subject of the world’s most famous painting seems to be smiling. Look again and her smile...
The Surge in New Businesses Is One of the Big and Surprisingly Sticky Changes Coming out of the Pandemic Economy – Wolf Street
New business formations in March, based on applications for a federal Employer Identification Number (EIN) with the IRS, jumped by 4.5% from February, by 10%...
Meta to unveil fresh round of job cuts – The Washington Post
Facebook parent company Meta will announce details about new job cuts on Wednesday, part of a months-long downsizing and restructuring effort that will trim 10,000...
A time for reflection after banking sector strife
The failure of two large banks with international footprints sent shockwaves through the global financial system last month. Silicon Valley Bank was the 16th largest...
Investors bet that US dollar has further to fall – The Financial Times
Investors are betting on further weakness in the US dollar after its recent falls, as the fallout from last month’s banking crisis limits how far...