Jerome Powell’s press conferences—sometimes market-moving events—have attracted less notice of late. With Donald Trump in the White House, the chair of the Federal Reserve faces competition for attent...
The Internal Revenue Service has doled out millions of tax refunds amid the ongoing 2025 tax filing season. More than 8 million tax refunds have gone out during the 2025 season as of Feb. 7 and, accor...
Feb 16th 2025 The first proper winter in three years had already reignited energy debates. With temperatures frigid and Asian competition for supplies fierce, the spot price at the Dutch Transfer Titl...
Annual inflation increased to 3% in January, rising above expectations and giving the Federal Reserve further reason to slow down interest rate cuts.Inflation increased 0.5% monthly, slightly exceedin...
Feb 13th 2025 | Washington, DC At a summit in Paris on February 10th and 11th, tech bosses vied to issue the most grandiose claim about artificial intelligence. “AI will be the most profound shift of ...
The holiday from reality, for the happy few enjoying it, has been delightful. Three years ago it was still possible to fix a mortgage rate in Britain and much of the euro area at somewhere near 1%. Am...
Feb 13th 2025 While inflation has cooled almost everywhere, in Russia it is hotting up. Consumer prices rose by 9.5% year on year in December, up from 8.9% the previous month and uncomfortably above t...
In 1812 Frederick Winsor, a madcap entrepreneur, invented the public utility. The idea behind his Gas Light and Coke company, which would supply residents of London, was that instead of each household...
In early February Openai, the world’s most famous artificial-intelligence firm, released Deep Research, which is “designed to perform in-depth, multi-step research”. With a few strokes of a keyboard, ...
Feb 12th 2025 | Washington, DC It all seems to add up to something big. On a daily, sometimes hourly, basis, Elon Musk claims that his team of fiscal commandos has found yet more government fraud, ter...
Feb 10th 2025 Last year dozens of countries proposed or introduced new tariffs on steel imports. Most aimed the measures at China, which they accused of flooding international markets with cheap metal...
Valentine’s day is fast approaching. Inside sock drawers around the world, men (and a few women) will be hiding rings intended to convey their everlasting love. Since De Beers, the world’s leading dia...
