Inflation Hit Americans’ Finances Last Year, Fed Finds – WSJ
Americans reported a sharp decline in their financial well-being last fall as high inflation eroded earnings and savings, according to a Federal Reserve survey released
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GLOBAL INSIGHT: Three Takeaways on the Emerging Market Outlook – Bloomberg
A US tightening cycle prompted most emerging markets to lift interest rates over the past 18 months — and pushed some toward debt crises. Elections
Big investors rush into bonds after ‘cataclysmic’ year – The Financial Times
Large asset management groups are piling back into fixed income to lock in the higher yields on offer after a “cataclysmic” period of performance for
Debt costs push UK borrowing higher than expected – BBC News
The UK government borrowed more than expected last month, with inflation pushing up interest payments on debt partly to blame. Borrowing, the difference between spending
Corporate bankruptcies are on the rise — and the pain won’t end for a while – CNN
From Vice Media to Bed Bath & Beyond, bankruptcies are picking up again. Last week, corporate America had its worst 48-hour stretch of bankruptcies since
Global container production slumps as demand for goods sinks – The Financial Times
Global production of shipping containers has slumped dramatically as demand for goods sinks following the easing of pandemic restrictions, leaving the corrugated steel boxes to
Audiences want a different climate change message. Hollywood should deliver.
For decades, Hollywood has produced climate change entertainment that depicts only one potential future: catastrophe. Instead, it should play a positive role in the fight against
Can carbon removal become a trillion-dollar business? – The Economist
“Today we see the birth of a new species,” declared Julio Friedmann, gazing across the bleak landscape. Along with several hundred grandees, the renowned energy
The AI revolution already transforming education – The Financial Times
When Lauren started researching the British designer Yinka Ilori for a school project earlier this year, she was able to consult her new study pal:
Economists: US can weather ongoing crises, but recession remains on the table – CNN
US business economists are optimistic that the banking and debt ceiling turmoil won’t turn into full-blown crises; however, a majority of them also believe a