Major Central Banks are Expected to Pause Rate Hikes Soon
The expectation of interest rate cuts by major central banks towards the end of 2023 is being reconsidered due to factors such as sticky core inflation, tight labor markets, and…
Elon Musk’s brain implant company Neuralink announces FDA approval of in-human clinical study
Neuralink, the neurotech startup co-founded by Elon Musk, has achieved a significant milestone by receiving approval from the Food and Drug Administration (FDA) for its first in-human clinical study. This…
IEA: 2023 fossil fuel investment will surpass $1 trillion, “more than double” net-zero levels
The International Energy Agency (IEA) has projected that global investment in energy will reach approximately $2.8 trillion in 2023, with over $1.7 trillion of that dedicated to clean energy technologies…
Rieder believes U.S. economy is “much better” than doomsayers suggest
Rick Rieder, the bond chief of BlackRock, holds an optimistic view of the U.S. economy, seeing several positive indicators. Rieder points to resilient government, corporate, and consumer spending, along with…
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