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Global Oil Demand Is Set to Slow
Posted inChina Economic Conditions and Trends Electric and Hybrid Vehicles International Energy Agency Oil (Petroleum) and Gasoline Saudi Arabia

Global Oil Demand Is Set to Slow

The International Energy Agency said oil consumption will hit a peak in a few years, with shrinking gasoline use after 2026.
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Posted by By Stanley Reed
Japan’s Stock Market Is Booming. Here’s Why.
Posted inBuffett, Warren E Economic Conditions and Trends Japan Kishida, Fumio Nikkei Stock Average Shareholder Rights and Activism Stocks and Bonds Tokyo Stock Exchange

Japan’s Stock Market Is Booming. Here’s Why.

The Japanese stock market is up nearly 30 percent this year, far ahead of the S&P 500, as firms bet that changes in how companies are run might just finally last.
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Posted by By Vivek Shankar
Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says
Posted inComputers and the Internet Economic Conditions and Trends Labor and Jobs McKinsey & Co

Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says

The report from McKinsey comes as a debate rages over the potential economic effects of A.I.-powered chatbots on labor and the economy.
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Posted by By Yiwen Lu
Britain Braces for High Rates as Inflation Signals Get Stronger
Posted inBank of England Banking and Financial Institutions Economic Conditions and Trends Government Bonds Great Britain Interest Rates Prices (Fares, Fees and Rates) Truss, Elizabeth (1975- ) Wages and Salaries

Britain Braces for High Rates as Inflation Signals Get Stronger

Wage growth has increased faster than expected, and investors are betting the Bank of England will have to keep interest rates higher for longer.
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Posted by By Eshe Nelson

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