The uncertain future of Britain’s offices
As David Brent made clear in the hit TV comedy The Office, there is a rich and rewarding career to be had in servicing the needs of other offices.
What to watch in the markets in the week ahead
AMC, meme stocks could spark more heat in the week ahead as investors await inflation news.
The global chip shortage doesn’t mean all semiconductor prices will shoot up equally, says Natixis chief economist
The global chip shortage is causing problems for multiple industries and shows no signs of abating, but don’t expect prices for all types of chips to shoot up, says the Asia-Pacific chief economist of research firm Natixis.
‘Coins like ethereum are going to be a lot higher way down the road,’ market forecaster Jim Bianco says.
If you can cope with sharp drops in the cryptocurrency space, market forecaster Jim Bianco believes it will ultimately pay off in spades.
European markets close mixed as sentiment lifts, inflation fears fade; DAX hits all-time high
The latest Ifo business climate survey from Germany on Tuesday showed business morale climbing to a two-year high of 99.2 in May from April’s 96.6. However, German gross domestic product shrank by more than expected in the first quarter, contracting by 1.8% as coronavirus restrictions weighed on household spending.
UK inflation rate more than doubles in April
The annual UK inflation rate more than doubled in April, as a rise in energy and clothing costs drove prices higher.
Bitcoin falls back below $40,000 as it wraps up wild week of trading
Bitcoin’s price fell back below the $40,000 level on Friday after Chinese authorities intensified calls to crackdown on mining and trading the cryptocurrency.
The Fed this summer will take another step in developing a digital currency
The Federal Reserve is moving forward in its efforts to develop its own digital currency, announcing Thursday it will release a research paper this summer that explores the move further.
China is concerned about inflation – but it’s not the top priority right now
While investors around the world fret over inflation, China’s central bank has more problems than rising prices to worry about.
Financial expert Sarat Sethi has this advice for the next generation of Asian-American and Pacific Islander leaders.
When Sarat Sethi was coming up in the finance and investment advisory industry, there were not a lot of role models of Asian descent.
Booming UK economy to outpace US, says Haldane
The UK economy is set to grow at its fastest pace since the Second World War, overtaking the US, according to Bank of England economist Andy Haldane. Low Covid infection rates and vaccinations are leading to a surge in consumer spending, he said.
Economist calls for calm on inflation talk: ‘Everything ultimately will settle down.
The U.S. Consumer Price Index for April rose 4.2% from the same period last year, its sharpest rise since 2008, while the monthly climb in core inflation, which excludes volatile food and energy prices, was the fastest since 1981.