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WTO Says Ukraine War, Inflation to Limit Global Trade Growth in 2023
High prices have cut into consumers’ demand for imported goods. Source link
Pro Take: What Is That Job Ad Really Saying? Fed Paper Looks at Ageism in Tight Labor Market
America’s potential workers are aging. The government says that by 2031 there will be an estimated 4.8 million more men and women who are at
Tech's Year of Efficiency Already Priced In
Relief at layoffs and hopes for a second-half recovery may be overheating tech stocks. Source link
Deposit Outflows Shine Light on Fed Program That Pays Money-Market Funds
Banks are under pressure from depositors’ embrace of money-market funds, pushing a popular Federal Reserve-sponsored financing program into the spotlight. Money-market fund assets are increasing
Hedge Fund Hestia Seeks Leadership Overhaul at Pitney Bowes
The shareholder is calling for a new chief executive and five new board members at the century-old shipping services company. Source link
Growing CEO Pay Gap Gives New York an Extra Edge Over London
Chief executives of U.S.-listed companies can easily make triple what their U.K. counterparts earn. Source link
Is Your Job Exposed to ChatGPT?
Accountants and writers are among the jobs that could be most affected by AI tools. Source link
Mexican Government to Buy Power Plants From Spain's Iberdrola
The acquisition will increase the state-owned utility’s share of the country’s electricity generation to 55%, the government says. Source link
Cleveland Fed President Reiterates Central Bank’s Resolve to Fight Stubborn Inflation
Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday inflation remains too high and stubborn, and that it could take until 2025 to bring
New Zealand Shocks With Big Rate Rise as Some Central Banks Pause
The Reserve Bank of New Zealand said its half-percentage-point increase was necessary to curb stubbornly high inflation. Source link