New legal action by the EU against Poland highlights persistent governance challenges, which together with elevated core inflation are weakening the country’s medium-term credit outlook...
Posts published in “Business”
The UK GDP Estimate showed the economy expanding across the time periods. However, growth was lackluster and leaves the BoE in a precarious position...
Traders bet that the Fed will leave the federal funds rate unchanged at tomorrow’s meeting...
Companies from Walmart to Amazon have jumped into virtual clothing try-on, where shoppers can view how an item would look via simulation. The idea is to be able to see clothing on a model that looks like oneself. But there’s always a bit of a cut-and-paste look...
Modelo Especial, a Mexican beer, is now officially America’s favorite. The beverage, marketed by Constellation Brands, was the top-selling beer for May, with 8.6% of all beer sales in the US, overtaking the long-time market leader Bud Light, an Anheuser-Busch (AB InBev) brand. Modelo’s dominance looks set to continue…Read more...
It isn’t often that you hear the CEOs of big tech firms singing the praises of government intervention. But as the capabilities of artificial intelligence have built and multiplied, these executives have been calling for greater government involvement in the regulation of AI.Read more...
The European Commission charged Google with violating antitrust law in how it operates its suite of digital advertising technologies.Read more...
Former Twitter CEO Jack Dorsey’s dream of a decentralized social media platform is facing a huge roadblock. Read more...
The sand, the surf, the sound of crashing waves—all available 24/7, right outside your door. Beach homes are the stuff of sun lovers’ dreams. Heck, even if you prefer the shade, a beach home can sound quite dreamy. But all too often, people get swept away by the idea of buying oceanside property, then find
Roughly 1 in every 4,000 homes had a foreclosure filing in May, a 7% increase from April and a 14% annual gain. That uptick corresponds with the end of a federal moratorium that suspended foreclosures during the COVID-19 pandemic. Homeowners who have been late on their mortgage payments for the past few years are now