International economy and markets

The Chinese robot army transforming the UK's retail industry

Britain’s weak productivity growth and labour shortages are creating an opportunity for China’s robotics firms.

Government Borrowing Cost Hits Two-Decade High After Fed Rate Decision

The surge in Treasury yields suggests investors doubt that the Federal Reserve can keep inflation contained.

Meta misses earnings forecasts after Zuckerberg media push to promote AI

Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AI Mark Zuckerberg’s media spree touting the positive effects of artificial intelligence did little to cushion the blow of Meta’s second-quarter earnings, which sent its stock tumbling on Wednesday. In a Wall Street Journal op-ed published on Tuesday, the Meta chief executive expressed his optimism for a world where everyone has access to a super-intelligent machine. Continue reading…

Fed Holds Rates Steady but Three Officials Back Increase

Kevin M. Warsh’s second meeting as chairman of the Federal Reserve was colored by internal divisions over the path forward for policy.

What to know about the Fed’s decision.

A.I. Companies Are Recruiting Electricians and Carpenters by the Thousands

The future of artificial intelligence depends on finding more skilled humans for some very physical jobs.

'No magic wand' to tackle high prices, Fed boss says as US interest rates held

The Federal Reserve’s decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.

The Federal Reserve is setting U.S. interest rates. What will that look like?

The Federal Reserve met to set U.S. interest rates, but this time, investors are unsure what to expect with Kevin Warsh, the new Federal Reserve Chairman, at the helm.

Oil Prices Rise as Iran and U.S. Strikes Slow Traffic in Strait of Hormuz

After several days of a lull in the direct conflict, a flare up in tensions left investors concerned about the continued flow of energy from the region.

Drámai jelenetek: vallomást tett a Covid-korszak ellentmondásos figurája – De még azt sem árulta el, milyen nap van

Anthony Fauci, az Egyesült Államok korábbi járványügyi vezetője szerdán mindvégig megtagadta a válaszadást egy feszült szenátusi meghallgatáson, attól tartva, hogy a republikánusok hamis tanúzás vádjával eljárást indítanak ellene, amennyiben nyilatkozik - tudósított a BBC.

Történelmi ötlettel állt elő Netanjahu Trumpnak: teljesen új alapokra helyezhetik Amerika és Izrael kapcsolatát

Benjamin Netanjahu izraeli miniszterelnök a következő tíz év alatt fokozatosan leépítené Izrael amerikai katonai támogatását – számolt be szerdán az izraeli sajtó az izraeli miniszterelnök és Donald Trump amerikai elnök keddi, fehér házi találkozóját követően.

4 Takeaways From the Federal Reserve Meeting

Fed officials held interest rates steady, but they have splintered over how to fight inflation.