Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
The Federal Reserve dialed back its inflation projection on Wednesday, seeing its favorite gauge falling to 2.4% in 2024.
Hedge funds are betting big against these stocks, doubting their comeback is for real
As stocks embarked on a rally six weeks ago, investors hiked their short bets on a handful of stocks in late November.
The Federal Reserve’s period of rate hikes may be over. Here’s why consumers are still reeling
The Federal Reserve’s period of policy tightening may be over, but household budgets have taken a hit since March 2022.
If you can’t build the next Ozempic, buy it: Where M&A could be heading in the obesity drug space
Investors are contemplating where and when the next big obesity drug deal will occur.
Crypto has had a stellar year, but regulatory uncertainty may lurk beneath the surface through 2024
There are many reasons it seems like bitcoin may be about to rocket, but the industry is still stuck in a regulatory gray area.
OpenAI and Axel Springer strike unprecedented deal to offer news in ChatGPT
OpenAI and Axel Springer, the global news publisher, have struck an unprecedented deal allowing ChatGPT to summarize news stories.
Developing nations spent record $443.5 billion on public debt in 2022, World Bank says
The World Bank said it provided about half of $115 billion that multilateral banks provided in new forms of low-cost financing for developing countries in 2022.
Pacific Islands lash out at COP28 presidency: ‘We weren’t in the room’ when deal was announced
For Pacific Island nations and many other island and low-lying coastal states vulnerable to rising sea levels, the final COP28 deal falls severely short.
What the COP28 deal means for the U.S. as oil and gas production hits record levels
A landmark agreement to shift away from fossil fuels thrusts U.S. policy into the global spotlight.
