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South Korea Turns More Bullish on Economy as Chip Boom Rolls On

South Korea’s government is taking a more bullish view of the economy than the International Monetary Fund’s recent assessment, maintaining that an artificial intelligence-driven semiconductor boom will continue to outweigh the impact of the Middle East conflict.

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Three Inflation Misses Bring Little Joy to Bearish Gilt Traders

Three consecutive downside inflation surprises and the slowest private-sector wage growth since 2020. It should be enough to convince investors that the Bank of England is entertaining interest rate cuts.

Boomer Wealth Transfer Set to Favor America’s Richest Families

An unprecedented transfer of wealth in the coming decades is likely to disproportionately benefit America’s most affluent families, boosting their fortunes by trillions of dollars, according to a July report…

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