As the Northern Hemisphere’s summer holiday season is in full swing, millions of tourists are heading towards Southern Europe to spend their summer vacation on the pristine beaches the region has to offer. With Covid-19 no longer a concern for most tra…
As has been widely expected after the latest economic data, the Fed decided to keep its policy rate steady for the seventh consecutive time at its June meeting, while also dialing back expectations for rate cuts in 2024. Following a two-day meeting of …
One of the reasons why people are so concerned with inflation is the fact that high inflation hits consumers right where it hurts: the wallet. In times of high inflation, when prices increase faster than nominal wages, real wages go down, meaning that …
While progress in the fight against inflation has stalled in the past 12 months, the inflation rate has come down significantly from its peak in June 2022. Looking at the steep decline of the inflation rate since then and hearing the talk about inflati…
The de-dollarization of China’s trade settlements has begun. What patterns do we see in USD and RMB use within China and globally?
As is the case with rapid population growth and urbanization in many so-called developing nations, waste management becomes a problem not only in rural areas but also in densely populated cities. A textbook example of this growth outpacing infrastructu…
Data published jointly by the OECD and market analytics platform Lightcast has found that few AI employers are asking for creators and developers of AI to have ethical decision making AI skills. The two research teams looked for keywords such as “AI et…
When shopping for a new personal computer, U.S. consumers are spoiled for choice. According to a recent Statista Consumer Insights survey, three brands in particular are ahead of the competition regarding popularity: Dell, HP and Apple.As our chart sho…
Powell is a dove. That was likely settled for good Wednesday. There was justification for market expectations of a more hawkish FOMC and Chair. Inflation has been sticky, and the current trajectory unclear. It’s a leap of faith today to believe inflation is moving to the Fed’s 2% target.
Ahead of Apple’s latest earnings report, the company found itself in an unfamiliar situation. While shareholders, investors and analysts usually expect nothing but the best from arguably the most successful company of the past decade, expectations were…
