Bank of England rate cut a close call ahead of the Autumn Budget
While the central bank is more likely to hold rates than not, it's not a given, according to economists.
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Fmr Commerce Secretary Warns of Market Confusion If Court Nixes Tariffs
Former Commerce Secretary Wilbur Ross warned that financial markets could face major confusion if the Supreme Court strikes down President Donald Trump's tariffs, the Washington Examiner reported.
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Op-ed: The fuel for the AI boom driving the markets is advertising. It is also an existential risk.
Joe Marchese, Executive Chairman at Human Ventures, describes a key conundrum facing OpenAI and other AI start-ups as they disrupt the ad tech industry.
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New York Fed: Household Debt Up Modestly in Q3
Overall U.S. household debt levels increased modestly in the third quarter as borrowing in some form of trouble stabilized and student loan woes increased, the New York Federal Reserve said Wednesday.
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US Service Sector Activity Accelerates in October
U.S. services sector activity picked up in October amid a solid increase in new orders, but subdued employment pointed to lackluster labor market conditions against the backdrop of economic uncertainty stemming from tariffs on imports.
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World Economic Forum Chief Warns of 3 'Bubbles'
The world should watch out for three possible bubbles in financial markets, including artificial intelligence, the head of the World Economic Forum said Wednesday, in comments that came amid sharp falls in global technology stocks.
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