US Electricity Bills Rise — But AI Isn’t the Culprit
Key Takeaways American electricity bills have risen noticeably, sparking blame aimed at AI-driven data centres. The Economist finds data centres […]
Why a Joint European Safe Asset Remains a Pipe Dream
Key Takeaways A genuine pan-European safe asset — a joint bond backed by all EU members — remains politically unworkable
ADP: Private Payrolls Add Just 44,000 in July
Private-sector hiring in the United States slowed sharply in July, with employers adding just 44,000 jobs, according to ADP data
Ageing Populations: Cheaper Than We Think?
Demographic anxiety has become a fixture of economic forecasting, with ageing populations routinely cited as a looming fiscal catastrophe for
Japan, US Confirm Joint Yen Intervention
The yen’s wild swings have prompted an unusual admission from Tokyo: Japan didn’t act alone this time. Finance minister Satsuki
US Yen Intervention Raises Questions on Scale
The dollar-yen trade is once again the talk of currency desks after reports emerged that US authorities stepped into the
Intel’s Comeback: Shares Quadruple, Doubts Remain
Intel’s stock has quadrupled as the company pursues a turnaround from what the Financial Times describes as a period near
Top US Law Firms Weigh Private Equity Deals
Some of the largest law firms in the United States are exploring deals that would see private equity firms buy
Wealthy Americans Rush for New Zealand Golden Visas
Applications from wealthy Californians for New Zealand’s residency-by-investment program, commonly known as a “golden visa,” have risen following an easing
SpaceX Revenue Jumps 92% in First-Ever Earnings Report
SpaceX, the rocket and satellite-internet company controlled by Elon Musk, disclosed a 92% year-over-year jump in revenue for the second