Microsoft acquires twice as many Nvidia AI chips as tech rivals – The Financial Times
Microsoft bought twice as many of Nvidia’s flagship chips as any of its largest rivals in the US and China this year, as OpenAI’s biggest...
Author : Nelli Avetisyan
Canada Inflation Cools to 1.9% in November – WSJ
Price pressures in Canada unexpectedly eased in November even as core measures of consumer inflation remained sticky, leaving the door open to further interest-rate cuts...
ECB Pitches Plan to Boost Insurance Coverage for Climate Losses – Bloomberg
The European Central Bank and the region’s insurance authority proposed a two-pronged approach to increase insurance coverage for floods, storms and other weather disasters that...
Economists Boost 2025 US Inflation Forecast on Tariff Concerns – Bloomberg
Economists raised their projections for US inflation next year on tariff concerns and now expect one less interest-rate cut from the Federal Reserve than they...
U.K.’s Faster Pay Growth Leaves Bank of England in Line to Hold Rates – WSJ
Wage growth picked up pace again in the U.K., likely underpinning the Bank of England’s reluctance to cut its key interest rate as rapidly as...
Google unveils ‘mindboggling’ quantum computing chip – The Guardian
It measures just 4cm squared but it possesses almost inconceivable speed.Google has built a computing chip that takes just five minutes to complete tasks that...
German Business Mood Hits Postpandemic Low, Stoking Recession Jitters – WSJ
Business confidence in Germany darkened this month as the government of Chancellor Olaf Scholz fell apart and the country’s manufacturers struggle to get back on their feet,...
Investors on alert for ructions in US funding market – The Financial Times
Investors are on alert for a potential end-of-year increase in US overnight lending rates, with some calling for the Federal Reserve to slow the pace...
Consumers Are Spending More. Inflation Is Only Part of the Story
Inflation is not the only reason why consumers increase their spending. As it turns out, many consumers also deliberately choose to spend more. Why? Because...
ECB’s Christine Lagarde says ‘darkest days’ of high inflation are behind Eurozone – The Financial Times
European Central Bank president Christine Lagarde has come closer than ever to claiming victory in the fight against inflation, saying “the darkest days of winter...