ECB President Christine Lagarde said in Brussels on Monday that the central bank remains on the “middle path” after raising interest rates by 25bp earlier this month, arguing that the energy shock is too large to ignore but has not yet become embedded deeply enough to justify a more forceful response. “We do not react […]
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Markets The resumption of oil through Saudi Arabia’s East-West pipeline probably prevented Brent crude prices from targeting $110/b today. That was the way we were headed before news broke that flows through the pipeline have Read more…
Artificial intelligence tools that answer questions or generate text on request have become standard in many offices. The newer category of AI software is built around a different premise: It takes multiple steps, interacts with Read more…
Microsoft employees are facing another round of job cuts. The latest reductions come less than three months after the technology giant announced one of its biggest workforce restructurings of the year. On July 6, Microsoft Read more…