The world is in the grip of a manufacturing delusion – The Economist
Industry has an allure all of its own. “From manufacturing you may expect the two greatest ills of humanity, superstition and slavery, to be healed,”
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How can finance halt the global food security crisis?
Food insecurity levels have risen sharply around the world, fuelled by inflation, extreme weather events, geopolitical conflict, and economic shocks following the Covid-19 pandemic. The
The Real Fed Debate This Month: What Would Prompt a Rate Hike This Fall – WSJ
The outcome of the Federal Reserve’s July meeting appears to be all but decided: Many officials signaled in recent speeches and interviews that they support
The mystery of gold prices – The Economist
Traders have an expression to describe how unpredictable financial markets can be: “better off dumb”. Stocks or other financial markets can sometimes behave in unforeseeable
UK economy shrinks by 0.1% in May after coronation festivities – The Guardian
Britain’s economy shrank by 0.1% in May after a hit to activity from a trio of bank holidays, including for King Charles’s coronation. The Office
Bridgewater warns US inflation fight is far from over – The Financial Times
The investment chief at one of the world’s top hedge funds has warned the US battle with inflation is far from over, and bets on
Mortgage rates jump higher, closing in on 7% – CNN
US mortgage rates climbed higher this week, inching closer to 7% and reaching their highest level since November. The 30-year fixed-rate mortgage averaged 6.96% in
PODCAST: How much should we fear artificial intelligence?
Scientists have been sounding the alarm about the potentially catastrophic dangers posed by artificial intelligence. Gideon talks to Anu Bradford, professor at Columbia University and
Bot or not? How to tell when you’re reading something written by AI
In the wake of the viral success of ChatGPT late last year, a growing number of tools have launched that make it cheap and easy
Inflation Eased to 3% in June, Slowest Pace in More Than Two Years – WSJ
Inflation cooled last month to its slowest pace in more than two years, giving Americans relief from a painful period of rising prices and boosting