Are you there, God? It’s us… fintech
At the end of this weekend, most of the world woke up to CEO Jamie Dimon and JPMorgan snapping up a mid-sized bank with a
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PODCAST: Expecting a Big Raise in 2023? Don’t Bet On It.
The red-hot labor market created opportunities over the past several years for workers to ask for and receive sizable raises. Wall Street Journal reporter Ray
A Debt Deal Could Help Solve the Country’s Inflation Problem – WSJ
The Federal Reserve has a problem with stubborn inflation and fragile banks. Congress and President Biden have a problem with a looming deadline to raise
ECB raises rates as Christine Lagarde warns of ‘more ground to cover’ – The Financial Times
The European Central Bank raised interest rates by a quarter of a percentage point on Thursday, as its leader warned the fight against inflation was
BOE Digs In as Relief Emerges for Fed, ECB – Bloomberg
Britain will be the last advanced economy locked in a pitched battle against inflation, if market bets are any guide. Money markets suggest the US
Apple posts second consecutive quarterly revenue decline – CNN
Apple on Thursday reported that its revenue fell 3% to $94.8 billion for the first three months of the year, as consumers scale back spending
U.S. Trade With World Rose in March on Energy, Auto Shipments – WSJ
U.S. trade with the rest of the world increased in March as companies shipped more oil, natural gas and vehicles overseas and exported more products
Big Tech bosses told to protect public from AI risks – BBC News
Tech bosses were summoned to the White House on Thursday and told they must protect the public from the dangers of Artificial Intelligence (AI). Sundar
Dollar Relief for the Global South
The Fed’s dramatic interest-rate hikes have had dire implications for debt sustainability in the developing world. But the collapse of Silicon Valley Bank could lead
ECB Set to Slow Hike Pace After Core Prices Ease: Decision Guide – Bloomberg
The European Central Bank is poised to slow the pace of interest-rate increases after its preferred inflation measure eased for the first time in 10