Home / 2023 / February (page 30)

Monthly Archives: February 2023

Germany rules out spending as Europe aims to avoid US subsidy race

German Federal Minister of Finance Christian Lindner (L) and French Minister of the Economy, Finance and Recovery Bruno Le Maire (R) both criticized the U.S. inflation reduction act for discriminating against European companies. Thierry Monasse | Getty Images News | Getty Images BRUSSELS — The European Union cannot and will …

Read More »

Here’s the breakdown of the inflation report for January — in one chart

Prices on displayed in a New York grocery store on Feb. 1, 2023. Leonardo Munoz | Corbis News | Getty Images High inflation has followed the U.S. economy into 2023, as consumers continued to see high prices in January. Inflation rose 0.5% for the month and 6.4% over the past …

Read More »

Don’t rush investments into chat A.I.

Chandan Khanna | AFP | Getty Images Google chief evangelist and “father of the internet” Vint Cerf has a message for business executives looking to rush business deals around chat artificial intelligence: “Don’t.” Cerf pleaded with attendees at a Mountain View conference on Monday not to scramble to invest in …

Read More »

Most couples financially incompatible. Having a money talk could help

Luminola | E+ | Getty Images Talking about money with your romantic partner or spouse can be tough — especially when you don’t understand or know much about how they think about money. A new survey finds that 64% of couples admit to being “financially incompatible” with their partners, with …

Read More »

Coca-Cola (KO) Q4 earnings

Coca-Cola on Tuesday reported quarterly revenue that beat analysts’ expectations, driven by higher prices on its drinks. But those higher prices have hurt demand for Coke products like Simply Orange Juice and Fairlife Milk. Coke said its unit case volume, which strips out the impact of currency and price changes, fell …

Read More »

Restaurant Brands International (QSR) earnings Q4 2022

In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that fast food burger chain Burger King is misleading customers with imagery that portrays its food, including the Whopper …

Read More »

2022 deficit lower than expected; inflation, GST support

Lawrence Wong, Singapore’s deputy prime minister and finance minister, delivered the Singapore Budget 2023 on Feb. 14 in Parliament. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Singapore says its budget deficit for 2022 will be lower than expected — at $1.5 billion dollars, or 0.3% of its gross …

Read More »

IMF chief warns world is a very different place after crises like Covid

‘Think of the unthinkable’: IMF chief warns world is a very different place after crises like Covid. Bloomberg / Contributor / Getty Images The Managing Director of the IMF warned that we need to “think of the unthinkable,” as we live in “a more shock-prone world” impacted by the Covid-19 …

Read More »

Kazuo Ueda is set to become Japan’s next central bank governor

Kazuo Ueda, professor of Graduate School of Economics at The University of Tokyo, speaks during the Institute of International Finance (IIF) Spring Membership Meeting in Tokyo, Japan, on Tuesday, May 9, 2017. Bloomberg | Bloomberg | Getty Images Kazuo Ueda is set to become the next governor of the Bank …

Read More »

U.S. inflation is ‘far stickier’ and could last a decade

U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management. Wall Street is gearing up for key inflation data later Tuesday, when the Labor Department releases its January consumer price index. It is a widely followed inflation …

Read More »