U.S. Consumer Sentiment Climbed in June, Conference Board Says
The research group said its consumer confidence index rose to 91.2 in June from a downwardly revised 90.6 in May.
Economics
U.S. Home Price Growth Edged Up in April
The S&P Cotality Case-Shiller National Home Price Index rose 0.8% in the 12 months through April, but affordability pressures still
French Inflation Cools More Than Expected
French inflation eased more than expected in June, suggesting price pressures are beginning to soften amid falling energy costs. Source
China’s Manufacturing Activity Expands, Buoyed by Exports
The data suggest the world’s second-largest economy continues to be supported by strong overseas demand for Chinese goods amid tepid
Eurozone Economic Sentiment Inches Higher After Middle East Tensions Ease
The European Commission said its economic sentiment gauge rose, driven by improving confidence in almost all sectors surveyed. Source link
Spanish Inflation Stronger Than Expected in June
The result suggests price pressures remain more persistent than economists had anticipated. Source link
BIS Sees Peril for Economy, Financial System in AI Investment Boom
Fierce competition will dominate artificial intelligence risks driving investment spending to excessive levels that could tip some economies into recession,
Why do predictions about the impact of artificial intelligence on jobs vary so widely? Three economists defend their positions
The predictions are all over the place. Why do the optimists and pessimists see the same data—and come to such
The country that once led the world in exports has been stuck in neutral since before the Covid-19 pandemic
The country that once led the world in exports has been stuck in neutral since before the Covid-19 pandemic. Source
Here is how Alan Greenspan ran the Fed—and how Kevin Warsh’s approach compares
The approach of the new Federal Reserve head might not always align with the standard his predecessor set. Source link