Fed’s Mester Says Rates Should Rise Above 5%, Stay for Some Time – Bloomberg
Federal Reserve Bank of Cleveland President Loretta Mester said policymakers should move their benchmark rate above 5% this year and hold it at restrictive levels
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Amazon and Microsoft face referral to UK regulator over cloud services market – The Guardian
Amazon and Microsoft are facing a referral to the UK’s competition regulator over allegedly harming competition in the online cloud services market, amid “significant concerns”
Why hyper-personalisation is the next big thing in banking – The Banker
With growing digitalisation, the way we bank has undergone a huge transformation. Banks today can no longer expect to operate as they did earlier. Growing
Why are oil prices rising and what does it mean for inflation? – The Guardian
Oil prices jumped on Monday after some of the world’s biggest producers agreed to cut production. Here we explain what happened and what it might
JPMorgan Strategist Warns Stocks Are in ‘Calm Before the Storm’ – Bloomberg
A risk-on mood fueling this year’s equities rally is likely to falter, with headwinds from bank turbulence, an oil shock and slowing growth poised to
The rich world’s housing crunch is far from over – The Economist
At times during the long boom that followed the global financial crisis of 2007-09, it seemed as if house prices would never stop rising. Sales
Elon Musk’s swelling inventories of unsold Tesla cars have Wall Street worried – Yahoo!finance
Tesla’s record first-quarter vehicle sales belie growing concerns that CEO Elon Musk’s inventory of unsold vehicles is reaching unhealthy dimensions despite the generous use of
Battle of the chatbots: how does GPT-4 stack up against Bard? – The Financial Times
Microsoft-backed OpenAI and Google have both released artificial intelligence-based chatbots in recent weeks. Their respective conversational engines — ChatGPT Plus and Bard — differ in
PODCAST: The quantum revolution: First port of call
The Port of Los Angeles is one of the world’s busiest — andmost inefficient. It’s now using an early quantum computing application to help solve
The Time Is Now: We Must Step Up Support For the Poorest Countries
Low-income countries face huge economic challenges and financing needs. They rely on international institutions, including the IMF’s Poverty Reduction and Growth Trust, for vital policy