U.K.’s Faster Pay Growth Leaves Bank of England in Line to Hold Rates – WSJ
Wage growth picked up pace again in the U.K., likely underpinning the Bank of England’s reluctance to cut its key interest rate as rapidly as
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Google unveils ‘mindboggling’ quantum computing chip – The Guardian
It measures just 4cm squared but it possesses almost inconceivable speed.Google has built a computing chip that takes just five minutes to complete tasks that
German Business Mood Hits Postpandemic Low, Stoking Recession Jitters – WSJ
Business confidence in Germany darkened this month as the government of Chancellor Olaf Scholz fell apart and the country’s manufacturers struggle to get back on their feet,
Investors on alert for ructions in US funding market – The Financial Times
Investors are on alert for a potential end-of-year increase in US overnight lending rates, with some calling for the Federal Reserve to slow the pace
Consumers Are Spending More. Inflation Is Only Part of the Story
Inflation is not the only reason why consumers increase their spending. As it turns out, many consumers also deliberately choose to spend more. Why? Because
ECB’s Christine Lagarde says ‘darkest days’ of high inflation are behind Eurozone – The Financial Times
European Central Bank president Christine Lagarde has come closer than ever to claiming victory in the fight against inflation, saying “the darkest days of winter
Eurozone Economy Slows Again in Chilly End to Year – WSJ
Business activity continues to weaken in the eurozone as further uncertainty around domestic politics and global trade looms in the new year, according to surveys
Climate tech can still save planet — but not by itself
On one front at least, it is hard to look ahead to 2025 with optimism. Hopes that climate change can be solved by global political
What do the gods of generative AI have in store for 2025? – The Economist
The 12 days of Christmas are meant to start on December 25th. But not in the world of artificial intelligence (AI). On December 5th OpenAI,
Dollar Expected to Remain Strong Against Major Currencies – WSJ
The dollar is likely to get support from the Fed if Wall Street’s expectation of a more hawkish tone after this week’s meeting is correct.