Inflation

Opinion: ‘Don’t just sit there, do something.’ The stock market is telling you to make some hard decisions with your money now.

I have always refrained from saying what legendary investor Sir John Templeton considered the four most dangerous words in investing: This time is different.” After months of talking to and reading the words of investment experts trying to find the right way to describe and forecast the US economy and stock market for 2023, I’m …

Opinion: ‘Don’t just sit there, do something.’ The stock market is telling you to make some hard decisions with your money now. Read More »

Germany’s Energy Risks Are Fading, For Now

Some European politicians and economists are breathing a sigh of relief after mild temperatures, increasing liquefied natural gas shipments, and above-average natural gas stockpiles have so far averted a worsening energy crisis this winter. Other politicians believe the energy crunch won’t be over for many years. “Gas storage is up and gas prices are down. …

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Inflation in Europe is falling but food prices are rising. Who is paying the most and what for?

Food prices have continued to rise across Europe despite inflation dropping for a second consecutive month in December, according to data shared on Wednesday by Eurostat, the European statistics agency. The inflation of food prices in the EU was 18.2 per cent, and 16.2 per cent in the eurozone in December, which is a slight …

Inflation in Europe is falling but food prices are rising. Who is paying the most and what for? Read More »

JPMorgan’s Kolanovic sees correction, hard landing

JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, telling investors he’s “outright negative” on the market. “Fundamentals are deteriorating. And, the market has been moving up. So, that has to clash at some …

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US Treasury activates another measure to avoid debt cap breach | Business and Economy News

In a letter notifying Congress of the move, Janet Yellen did not alter a projected deadline of hitting debt cap by June. US Secretary of the Treasury Janet Yellen activated another extraordinary cash management measure on Tuesday to avoid breaching the federal debt limit, suspending daily reinvestments in a large government retirement fund that holds …

US Treasury activates another measure to avoid debt cap breach | Business and Economy News Read More »

US Treasury activates another measure to avoid debt cap breach | Business and Economy News

In a letter notifying Congress of the move, Janet Yellen did not alter a projected deadline of hitting debt cap by June. US Secretary of the Treasury Janet Yellen activated another extraordinary cash management measure on Tuesday to avoid breaching the federal debt limit, suspending daily reinvestments in a large government retirement fund that holds …

US Treasury activates another measure to avoid debt cap breach | Business and Economy News Read More »

Opinion: Beyond the Bank of Canada’s rate hikes: The era of low interest rates is over

The low-interest-rate era was supported by the disinflationary force of globalization that shifted production to lower-cost parts of the world that, in turn, reduced consumer prices. Those days are now over.Sean Kilpatrick/The Canadian Press Craig Alexander has served as chief economist at Deloitte Canada, the Conference Board of Canada and Toronto-Dominion Bank. The Bank of …

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Mother of 2 living in downtown Toronto on rising inflation: ‘I’m struggling a lot’

Over the next six weeks, as part of the ‘Out of Pocket’ series, Global News will examine how inflation is impacting Canadians from coast to coast. A Toronto mother says she left everything when she decided to move back to Canada from China with her two children. The family had been living overseas where her …

Mother of 2 living in downtown Toronto on rising inflation: ‘I’m struggling a lot’ Read More »

Microsoft Is Aggressively Investing In Healthcare AI

Earlier this month, healthcare artificial intelligence (AI) company Paige announced a new partnership with renowned technology giant, Microsoft. Paige describes itself as a company at the forefront of technology and healthcare, especially in the field of cancer diagnostics and pathology. The company explains its mission: “Led by a team of experts in the fields of …

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Pension reform strikes in France shed light on new retirement realities: Canadian experts – National

Protests erupted in France this week against plans to raise the retirement age, with experts saying that people don’t want to defer their retirement any longer. While the nationwide strikes have been unique to the situation in France, some experts say the events still underscore the fact that retirement as a general concept is changing, …

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