Clean energy stocks have fallen out of favor. They face more challenges ahead – CNN
Clean energy stocks are out of vogue, as higher interest rates and lagging efforts to combat climate change dog the sector. Those obstacles might not
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Britain’s Economic Stagnation Leaves Households £8,300 Worse Off – Bloomberg
Fifteen years of economic stagnation have left the typical UK household £8,300 ($10,550) poorer than peers in countries like France and Germany, according to a
Fed Chair Powell: Too early to say when to expect rate cuts – CNN
Investors have mostly concluded that the Federal Reserve is done hiking interest rates, and are already looking toward rate cuts next year, possibly as early
How to deal with Europe’s zombie banks – The Financial Times
“At business school,” said the seasoned banker, “they teach you a simple lesson — if a company is trading for a sustained period below the
Beware the New Consensus on the Global Economy
Despite an increasingly challenging economic and geopolitical environment, the global economy performed better than expected over the past year. But although analysts’ projections for 2023
Why economists are at war over inequality – The Economist
According to a familiar saying, academic disputes are so vicious precisely because the stakes are so low. But in a scholarly battle over inequality, the
Goldman Says ECB to Cut Interest Rates Sooner Than Expected – Bloomberg
The European Central Bank won’t wait as long as previously forecast to cut its interest rate, with the first reduction now anticipated in the second
A year after ChatGPT’s release, the AI revolution is just beginning – CNN
ChatGPT may not be able to perform a cake smash on its first birthday today, but it certainly managed to wow the world and create
How a Canadian company became the world’s best acquirer of tech firms – The Economist
For older startups these are tough times. The weak recent stockmarket debuts of Arm, a British chipmaker, Instacart, a grocery-delivery group, and Klaviyo, a software firm,
France’s Rating Looks Shaky After a Year of S&P Negative Outlook – Bloomberg
A year after President Emmanuel Macron received a warning that France’s credit status faced closer scrutiny, the possibility of a humbling downgrade is looming ever larger.