UK debt must be steered off unsustainable course, warns Lords committee – The Guardian
The pressing risk of the national debt becoming unsustainable will force Britain into the unenviable choice of paying higher taxes or the state doing less,
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Can anything spark Europe’s economy back to life? – The Economist
Europe has at last realised it has a problem with economic growth. Duh. Can it now find a solution? A report published on September 9th
Australian Consumers Remain Downbeat About Economic Outlook – WSJ
The Westpac-Melbourne Institute Consumer Sentiment Index slipped to 84.6 in September from 85.0 in August. Australian consumer confidence fell in September amid concerns about job
TSMC’s August Revenue Climbs 33% as AI Chip Demand Holds Up – Bloomberg
Taiwan Semiconductor Manufacturing Co.’s revenue rose 33% last month, in a positive signal to investors betting on a smartphone market recovery and sustained demand for
Not everyone needs to have an opinion on AI
National Novel Writing Month is an American initiative that has become a worldwide pastime, in which participants attempt to write a 50,000-word manuscript in the
ECB’s Economic Hopes at Risk as Consumers Put Spending on Ice – Bloomberg
Euro-zone consumers aren’t rushing to open their wallets — prompting some to ask whether the economic recovery they were supposed to spearhead will ever arrive.
Higher Tariffs to Hit Poorest Countries Hard, Unlikely to Protect Jobs, WTO Says – WSJ
Increased protectionism will hit the world’s poorest countries hardest, and is a costly and counterproductive way of protecting jobs in rich countries, the World Trade
US employers have good reasons not to hire more workers now – CNN
It couldn’t be clearer at this point that the US labor market is cooling. Even though the unemployment rate edged lower last month to 4.2%,
The Bond Market Rally Rides on How Fast the Fed Cuts Rates – Bloomberg
Bond traders who struggled to predict how high the Federal Reserve would raise interest rates are finding the way down just as vexing. At TCW
Apple pins hopes on AI to boost flagging iPhone sales – The Financial Times
Apple has pinned its hopes on new artificial intelligence-powered software to boost flagging iPhone sales, with Wall Street betting that generative AI features will convince