What are interest rates?
If you are borrowing money, the interest rate (or lending rate) is the amount you are charged for doing so – shown as a percentage...
Author : Nelli Avetisyan
What Will U.S. Capitalism Look Like in 50 Years? Seven Experts Weigh In – WSJ
“Prediction is hard, especially about the future,” the saying goes. Certainly, looking ahead 50 years from 1975, economic prophets would have been hard-pressed to foresee...
ECB Officials Zero In on December to See If 2% Inflation Target Reached – Bloomberg
European Central Bank officials are anxiously awaiting the next edition of their economic forecasts — due in December — that will help them decide whether interest...
The $4trn accounting puzzle at the heart of the AI cloud – The Economist
In Artificial Intelligence, billions are so 2022. Three years after ChatGPT ignited the AI boom, the business is all about trillions. The market value of...
France Is Replacing Italy as Europe’s Poster Child for Fiscal Woe – Bloomberg
France’s prolonged political crisis has turned the country into the euro area’s fiscal flash-point, taking over a role long played by Italy. The shift was...
The U.S. Is Forfeiting the Clean-Energy Race to China – WSJ
An empty, 1.3-million-square-foot warehouse north of Denver was supposed to be an emblem of cutting-edge manufacturing. Colorado Gov. Jared Polis heralded a California company’s plan to build...
PODCAST: Could AI ever replace the news?
In December 2023, a video was posted on X that generated a lot of attention. Gaining more than five million views in 24 hours, it...
Global Debt Remains Above 235% of World GDP
Global debt has stabilized, though it remains at an elevated level, as a continued reduction in private-sector lending offset greater borrowing by governments. Total debt...
Key US Inflation Metric to Ease as Focus Shifts to Jobs Market – Bloomberg
The Federal Reserve’s preferred gauge of underlying inflation likely grew at a slower pace last month, offering policymakers some breathing room to address weakness in...
Why European workers need to switch jobs – The Economist
Everyone agrees that Europe is slipping behind America and China—and everyone agrees that something must be done. Deciding what to do is the problem. A...