Key Points: Japan's wholesale inflation slowed to 2.3% in January. A weak yen is pushing up the cost of imported goods. The Bank of Japan is watching inflation to guide its interest rate policy. The BOJ recently raised interest rates...
We hear it all the time: the robots are coming for our jobs. The news paints a future where artists, writers, and even doctors are replaced by clever algorithms. This story is simple, scary, and misses the point entirely. We are not barreling toward a world without work. Instead, we are stepping into an age...
Key Points: Total US household debt climbed to a new high of $18.8 trillion. Credit card balances rose to a record $1.28 trillion. Delinquency rates are rising, especially for younger borrowers. The average credit card balance per account has remained stable. American households are deeper in debt than ever before. According to a new report...
Meta Platforms, Inc., formerly known as Facebook, Inc., is a global technology company that has played a pivotal role in shaping the digital landscape through its social media platforms and other technological ventures. Founded in 2004 by Mark Zuckerberg and his Harvard roommates, Meta has evolved from a simple social networking site into a leader...
