People walk in the rain over the London Bridge in central London, March 12, 2024. Lucy…
Continue ReadingTag: Breaking News: Economy
French AI boom could help EU close U.S., China tech innovation gap
PARIS, France — Europe is pursuing AI innovation, tech regulation and competition with China in very…
Continue ReadingU.S. could see hard landing, stagflation is worst outcome
JPMorgan Chase & Co CEO Jamie Dimon arrives for a Senate Banking, Housing, and Urban Affairs…
Continue ReadingFed officials seem to have ‘no idea’ about inflation, strategist says
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday,…
Continue ReadingFed Governor Waller wants ‘several months’ of good inflation data before lowering rates
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C.,…
Continue ReadingUK inflation could be about to drop below the Bank of England target
A shopper selects fresh produce from a market stall in the Kingston district of London, UK,…
Continue ReadingSoaring debt and deficits causing worry about threats to the economy and markets
A view shows the U.S. Capitol in Washington, U.S., May 9, 2024. Kaylee Greenlee Beal |…
Continue ReadingSome consumers are punting big purchases like pools and mattresses
Ordini’s Best Fiberglass Pools contractors work to install a pool, which the company says have dramatically…
Continue ReadingMarkets are underestimating geopolitical risk, ECB’s De Guindos says
Europe’s macroeconomic outlook is brighter — but markets may be underestimating the potential for sudden destabilization…
Continue ReadingEU must avoid ‘disaster’ of decoupling amid China tariffs
The European Union must avoid a harmful decoupling of global trade as it mulls tariffs on…
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