UK inflation to return to 2% by autumn, Citigroup forecasts – The Financial Times
Citigroup has forecast that UK inflation will plunge from double-digit rates to close to 2 per cent by the end of this year as rapid...
Author : Nelli Avetisyan
Fed Minutes Show Most Officials Favored Quarter-Point Rate Rise – WSJ
Federal Reserve officials are signaling that a resilient U.S. economy could lead them to raise interest rates somewhat higher than they had anticipated to conquer...
Trial Run of 4-Day Workweek Wins Converts – The New York Times
The pandemic changed how (and where) many people work. It has also given momentum to the question of whether the five-day week is standard because...
Interest Rates Could Stay Higher for Longer. Look for a Bank Stock Rally – Barron’s
Interest rates have risen, and they aren’t likely to reverse course soon. That should eventually unlock a rally in bank stocks, which typically benefit from...
Facebook sells subscriptions as the ad business stumbles – The Economist
“It’s free and always will be,” Facebook vowed on its landing page for nearly a decade. The world’s largest social network still is. But from...
JPMorgan restricts employee use of ChatGPT – CNN
JPMorgan Chase is temporarily clamping down on the use of ChatGPT among its employees, as the buzzy AI chatbot explodes in popularity. The biggest US...
ChatGPT: Getting down to business
No doubt, by now most business leaders have heard about ChatGPT. OpenAI, the artificial intelligence research company backed by Microsoft, released this free service in December...
Global Economy Shows Signs of Winter Resilience – WSJ
Business activity in the U.S., the eurozone and the U.K. picked up in February, a boost for the global economy and a sign of resilience....
Investors increase bets on ECB lifting rates to all-time high – The Financial Times
Investors are betting the European Central Bank will raise interest rates to all-time highs, spurred on by the eurozone economy’s resilience and signs that inflation...
Fed Minutes to Show Support Level for Larger Hikes, Higher Peak – Bloomberg
Federal Reserve officials could shed light on how many policymakers saw the case for a larger interest-rate increase at their last meeting and whether they...