European junk bond sales hit record as investors cut US exposure – The Financial Times
Sales of risky European corporate debt surged to their highest ever level in June, as lowly rated companies take advantage of a capital flight out
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Powell says the Fed would have cut rates this year if it weren’t for tariffs – CNN
The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant policy changes, Chair Jerome Powell said
Baidu Overhauls Search Engine With AI Features, Voice Function – Bloomberg
Baidu Inc. is overhauling China’s most popular search engine with AI features and a voice function in its most sweeping revamp for years.The Beijing-based company
Number of new UK entry-level jobs has dived since ChatGPT launch – research – The Guardian
The number of new entry-level UK jobs has dropped by almost a third since the launch of ChatGPT, figures suggest, as companies use artificial intelligence
Climate Change and Economic Growth
The complex and multifaceted relationship between climate change and economic development has garnered significant attention in recent years. As the global economy continues to grow,
ECB Strategy Fixes Help Avoid ‘False Certainty,’ Lagarde Says – Bloomberg
Tweaks to the European Central Bank’s strategy unveiled Monday will allow policymakers to deliver more nuanced communication in an increasing unpredictable world, President Christine Lagarde
Eurozone Inflation Hits 2% Target, Raising Chance of ECB Rate Hold – WSJ
Inflation in the eurozone crept up in June, hitting the European Central Bank’s target and raising expectations that policymakers will leave the key interest rate
Are startup founders different? – The Economist
When you think about your next career move, you may well have your sights set on a higher salary, a new skill or just a
Germany’s Jobless Rate Holds Steady Despite Signs of Labor-Market Weakness – WSJ
Germany’s unemployment rate was unchanged in June, but signs of a loosening labor market remain as economic uncertainty around trade and geopolitics persists. The seasonally
AI talent wars lead to superstar salaries for top tech staff – The Financial Times
According to new modeling published in The Lancet, these reductions may lead to over 14 million additional deaths by 2030, including 4.5 million children under