Inflation Is Hard To Tame
In a prepared speech for a monetary policy conference at the Hoover Institution, Bullard stated, given the current macroeconomic conditions, it can be argued that monetary policy now lies at the lower end of what is considered sufficiently restrictive.
Go Deeper (3 min read)In April, the National Federation of Independent Business (NFIB) reported that small business confidence in the US declined to the lowest level in more than a decade.
Go Deeper (2 min read)Advertising Competition Heats Up
Although artificial intelligence chatbots like ChatGPT pose a threat to the search ad market, Naver, South Korea's internet giant, views the rise of AI as an opportunity for the company.
Go Deeper (3 min read)Europe’s Belt And Road
Italy's decision to join China's Belt and Road Initiative (BRI) is back in the spotlight, as Rome's new leadership faces a deadline to potentially end the agreement.
Go Deeper (3 min read)Aramco's Profits Fall
On Tuesday, Aramco, the state-owned oil company of Saudi Arabia, reported a 19% decrease in first-quarter earnings, with a net income of $31.9 billion compared to $39.5 billion the previous year, due to the decline in oil prices.
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Europe Rethinks Ties with China
The Dutch intelligence agency's warning was issued shortly after Emmanuel Macron's visit to the country, during which he suggested that the EU should remain neutral in any potential conflict between the US and China
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A Long Banking Storm
On Wednesday, data provider ORTEX revealed that hedge fund bets against Canada's TD Bank Group had increased by 45% in the past two weeks to reach $6.1 billion.
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China's Car Market Booms
At the Shanghai auto show, global auto executives are returning to a vastly different market than the one they left in 2021. China-made brands now dominate key segments, propelled by new electric-drive models that are gaining ground both domestically and internationally.
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Luxury Slows Down, Just A Bit
LVMH's sales report for the first quarter revealed that wealthy consumers in the United States are reducing their purchases of high-end fashion and leather goods.
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Warren Buffet Increases His Exposure To Japan
Buffett expressed his satisfaction with his current investments in these firms and stated that he is considering investing further in five of Japan's major trading houses.
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E.U. And China Meet
French President Emmanuel Macron and EU chief Ursula von der Leyen are currently holding talks with Chinese leaders in Beijing. These discussions could mark a new direction for the bloc's relationship with China, which has been strained in recent years.
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