Fed’s Williams Says AI Is Now His Main Inflation Concern
Federal Reserve Bank of New York President John Williams said that among the drivers of inflation in the US, he’s most focused on demand driven by artificial intelligence. And if…
Carney Gets High Marks on Economy Despite Recession Talk, Poll Says
Canadians support Mark Carney’s approach to managing the economy, even though he’s presided over the worst first year of growth for a prime minister since at least 1963.
Russia Swings to June Budget Surplus on Oil Rally Amid Iran War
Russia posted its first monthly budget surplus of the year in June as revenue jumped, buoyed in part by a surge in oil and gas receipts that’s likely to prove…
PepsiCo Cites Inflationary Pressures for Missing Estimates
PepsiCo said it saw a 2% decline in revenue in its North American food business and flat volume after cutting prices by as much as 15% in some brands. Bloomberg…
World Bank Sees Kenyan Growth at Weakest Since Covid on Iran War
Kenya’s economy is likely to grow at the slowest pace since the coronavirus pandemic because of the effects of the US-Israeli war on Iran, according to the World Bank.
Andrew Graham: Time to Buy The Dip
Andrew Graham, Jackson Square Capital Founder and Portfolio Manager, joins Bloomberg’s Vonnie Quinn on “Bloomberg Brief” to discuss the rebound in equities. (Source: Bloomberg)
Mexico Inflation Slows Much More Than Expected to Five-Year Low
Mexico’s inflation slowed much more than expected in June to the slowest pace since 2020, giving the central bank more flexibility as policymakers assess whether the decline in price pressures…
Russian Rail Giant Wants Business to Bear More War Economy Pain
Russia’s largest employer is trying to address mounting financial pressures with new measures that some businesses worry will come at their expense, underscoring the growing strains on the economy as…
World Bank Grants Ivory Coast $875 Million Loan, Signs Gas Pact
The World Bank approved an $875 million loan for Ivory Coast to support economic growth and job creation, and signed an interim deal with Eni SpA’s local unit and the…
Senator Wyden Says Trump Tariffs Are ‘Ill-Designed’ to Combat Forced Labor Globally
Top Democrat on the Senate Finance Committee takes aim at Trump’s latest tariffs proposal














