Economists Lean Toward Bank of Canada Interest Rate Cut on Wednesday – WSJ
Most economists expect the Bank of Canada on Wednesday to cut its main interest rate for the first time in four years, as data point
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AI is promoted from back-office duties to investment decisions – The Financial Times
Asset managers are increasingly using artificial intelligence to guide investment decisions, track the habits of portfolio managers and identify moneymaking opportunities. JPMorgan later this year
ECB’s Inflation Challenge Looks More and More Like the Fed’s – Bloomberg
The uptick in euro-zone inflation is increasingly drawing comparisons to the US — fueling concern that the European Central Bank could face similar impediments to lowering interest
AI and the Next Wave of Transformation
The global asset management industry’s assets rose to nearly $120 trillion in 2023, reverting from a decline the year before. However, asset managers are facing
Europe Can Reap Sizable Energy Security Rewards by Scaling Up Climate Action
Meeting the continent’s emission reduction targets could enhance energy security metrics by 8 percent by 2030—and that would be just the start
PODCAST: At the Money: Your Financial ‘Captain’
Who’s in charge of all of the details of your financial life? Not just the stocks and bonds, but your taxes, your will, your estate,
ECB Rate-Cut Expectations Start to Unravel Before First Move – Bloomberg
Strong economic data and vocal European Central Bank hawks are pushing some analysts and investors to waver in their expectations for interest-rate cuts this year.
U.K. Retail Sales Rebound Weakly in May, Report Says – WSJ
Retail sales ticked higher in the U.K. last month, recovering some previous decline ahead of general elections slated for July, according to a report. Total
Big Tech Companies Unplug Stock Market From Reality – WSJ
Big Tech stocks aren’t just dominating the market. They’re also hiding just how scared investors are that the Federal Reserve will keep rates higher for
A shady financial tool from the housing-bubble era is making a comeback – CNN
America’s gummed-up housing market is a $45 trillion mess — a big old knot of economic forces smashing into a century’s worth of cultural conditioning