Author: Daniel snow
Shoppers buy fresh vegetables, fruit, and herbs at an outdoor produce market under green-striped canopies in Regensburg, Upper Palatinate, Bavaria, Germany, on April 19, 2025.Michael Nguyen/NurPhoto via Getty ImagesEuro zone inflation fell by more than expected to 1.9% in May, below the European Central Bank’s 2% target, flash data from statistics agency Eurostat showed Tuesday.Economists polled by Reuters had expected the May reading to come in at 2%, compared to the previous month’s 2.2% figure.So-called core inflation, which excludes energy, food, tobacco and alcohol prices, eased from 2.7% in April to 2.3% in May. The closely watched services inflation print…
BofA analysts see ECB meeting as non-event for EUR Source link
JD Vance wanted to “aggressively attack” American universities. His wish has been the president’s command. Source link
New England Patriots wide receiver Stefon Diggs has found himself in hot water after a video of him partying on a yacht began circulating the web. Source link
Technology has been creating and destroying superusers for decades Source link
A massive study found four-day workweeks benefit companies and workers. AI makes heeding the findings more urgent than ever. Source link
Dollar gains slightly from six-week low; euro slips ahead of ECB meeting Source link
Old Navy and Gap retail stores are seen as people walk through Times Square in New York City on April 9, 2025.Angela Weiss | Afp | Getty ImagesEconomic growth forecasts for the U.S. and globally were cut further by the Organisation for Economic Co-operation and Development as President Donald Trump’s tariff turmoil weighs on expectations.The U.S. growth outlook was downwardly revised to just 1.6% this year and 1.5% in 2026. In March, the OECD was still expecting a 2.2% expansion in 2025.The fallout from Trump’s tariff policy, elevated economic policy uncertainty, a slowdown of net immigration and a smaller federal…
Populism is resilient and sticky, and liberalism has yet to find a reliable formula to defeat it. Source link
Asia FX muted, Australian dollar softens on weak data, dovish RBA Source link