Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.
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Goldman Sachs to acquire ETF provider Neos for up to $2.3bn
Wall Street bank continues to boost presence in asset management
Scottish North Sea tax revenues drop, fuelling debate on oil and gas industry’s future
UK government to soon decide whether to approve production at the Rosebank and Jackdaw fields
Switzerland pushes ahead with post-Credit Suisse crackdown
Financial regulator may be given greater powers to intervene at troubled banks and levy fines
How will El Niño hit the world economy?
Disruptive climate event is likely to be one of the strongest on record
AI’s costly buildout complicates the Fed’s inflation fight
Tech leaders say AI will drive down costs. But slow corporate adoption and the data center buildout create inflation pressures that complicate the Fed’s job.