Sell in May and Go Away?
While investors should never let rules of thumb override financial fundamentals, there are times when the fundamentals can become quite hazy. In fact, recent inflation
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Bank of England governor admits UK economy suffering from wage-price spiral – The Financial Times
Andrew Bailey has acknowledged for the first time that the Bank of England is dealing with a UK wage-price spiral as he pledged to lift
How to invest in artificial intelligence – The Economist
It has been a torrid 18 months for investors who bet on tech. Softbank, a Japanese investment firm that epitomised the 2010s boom in venture-capital
Food banks forced to buy food due to shortages – BBC News
Food banks are having to buy groceries at high prices because donations fail to meet demand from families in need. The Trussell Trust said 13%
IRS Will Offer Free Online Tax Prep for Some Taxpayers in 2024 – WSJ
The Internal Revenue Service will begin a pilot program next year to help some taxpayers fill out and file their income tax returns for free
The AI Doctor Will See You Now – Bloomberg
Bill Gates said in March that seeing an artificial intelligence system ace a tricky medical examination represented “the most important advance in technology since the
Asset management plunge calls for a business model rethink
Global assets under management dropped by 10% in 2022, according to BCG’s global asset management industry report. This is prompting many asset managers to review
Businesses are in for a mighty debt hangover – The Economist
It has been a jittery few months for the economies of the West. First came the nerve-rattling crisis in the banking sector. Then came the
Small firms could be entitled to thousands from insurers after Covid payment ruling – The Guardian
Hundreds of thousands of small businesses that claimed on their insurance during the Covid pandemic but had their payouts delayed could be owed thousands of
Shoppers Boosted Retail Sales in April, Reversing Two Months of Declines – WSJ
Americans boosted their retail spending in April for the first time in three months, a sign of consumers’ continued resilience despite high inflation and rising