Consumer Confidence Climbs Driven by Republican Sentiment – WSJ
Consumer confidence in the U.S. jumped this month as buying conditions improved, though with enduring differences down party lines.The University of Michigan’s index of consumer...
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Doubts About UK Statistics Agency’s Surveys Spread to GDP Data – Bloomberg
The same kind of survey failures that have left the UK unsure about the number of people in Britain’s workforce are now raising doubts about...
The search for the world’s most efficient charities – The Economist
Giving is big business. In 2023 Americans alone handed $557bn to charities, according to the Giving USA annual report. So identifying which charities are the...
OpenAI Unveils More Advanced Reasoning Model in Race With Google – Bloomberg
OpenAI is preparing to launch a new artificial intelligence model that it said is capable of more advanced human-like reasoning than its current offerings, ratcheting...
How Scammers Are Using AI This Holiday Season to Steal Your Money – WSJ
The holidays are a bonanza for scammers preying on people eager for deals. Now artificial intelligence is creating more sophisticated traps and targeting vastly more...
Apple’s $1 Billion Investment May Be Fleeting Win for Indonesia – Bloomberg
Indonesia claimed victory after Apple Inc. offered to increase its investment in the country to $1 billion to get President Prabowo Subianto’s government to lift...
Bank of England keeps rates on hold as growth prospects dim – The Financial Times
The Bank of England has warned that stubborn inflation will prevent it from cutting interest rates quickly, as it kept monetary policy on hold despite...
Don’t count on monetary policy to make housing affordable – The Economist
Why is housing so expensive? Explanations have tended to fall into two camps. One emphasises a gummed-up supply side: a range of restrictions on land...
Federal Reserve cuts rates but ‘hawkish’ forecast hits stocks and sends dollar jumping – The Financial Times
The Federal Reserve cut interest rates by a quarter of a percentage point but signalled a slower pace of easing next year, sending the dollar...
How to capitalize on the Fed’s final interest rate cut of the year – CNN
The Federal Reserve has now cut its key overnight lending rate three times in a row this year. And the effect has been a mixed...