Author: franperez66q@protonmail.com

Christine Lagarde, president of the European Central Bank, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Monday, Feb. 23, 2026. Graeme Sloan | Bloomberg | Getty ImagesThe European Central Bank is expected to hike interest rates on Thursday, as policymakers address the threat of second-round inflation effects amid elevated energy prices.Unlike the Fed, the ECB has a single mandate — keeping inflation close to a target of 2% — and recent data shows an uptick in both its headline and core readings.Headline euro zone inflation rose to 3.2% in April as…

In this week’s column, we’re going to look at the similarities and differences between betting on horses and investing in stocks — and then share our outlook on the growth trade selloff that began last week. We’re coming off a fun weekend here in Saratoga Springs, N.Y. following the running of the Belmont Stakes, the third leg of the Triple Crown. Local trainer Cherie DeVaux became the first female trainer to win both the Kentucky Derby and the Belmont Stakes. Unfortunately, she skipped entering her winning horse Golden Tempo in the Preakness, so no Triple Crown this year. How is…

Why is Kongsberg stock sliding 3% today? Source link

Google has been chasing real-time translation for years, which it says has been one of its “pioneering machine learning experiments.” We’ve seen numerous demos on stage at Google events in the past, but you needed Google phones, earbuds, or some other specific setup. Last year, Google brought real-time translation to more users in the Translate app, and now it’s expanding availability more. With the release of Gemini 3.5 Live Translate, you’ll have access to instant translation in more places and with lower latency than ever before. The new AI model is part of the version 3.5 family that launched at…

A customer shops at Handy Market in Burbank, California, May 14, 2026.Justin Sullivan | Getty ImagesInflation numbers out Wednesday are expected to cross another unpleasant threshold as the cost of living continues to climb for U.S. consumers.If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate off an expected 0.5% monthly gain in May. That would mark the first time the CPI has passed 4% since May 2023 and would be the highest reading since April of that year.Of course, much of the rise in the headline number,…

Japan stocks lower at close of trade; Nikkei 225 down 1.66% Source link

It’s inevitable that parts of the device will be exposed to radiation and perhaps fusion plasma. The inner walls of the reactor will be shielded by tungsten, which will limit erosion by the conditions. Meanwhile, the vacuum vessel is designed to be replaced every one to two years. The papers note that this flexibility will allow them to make some design changes even after ARC is built. To enable this, the whole tokamak is meant to split in half for maintenance. Instabilities The two big uncertainties in the operations of ARC are long-standing challenges for fusion: how to handle magnetic…

CEO of BP Meg O’Neill attends a UK-U.S. trade event with King Charles III at Bar SixtyFive at Rockefeller Center during a state visit on April 29, 2026 in New York City.Pool | Wireimage | Getty ImagesBP is on its third CEO and third chairman in under three years, prompting investor scrutiny of the structure and oversight of its board as the oil major works to turn itself around and adapt to the supply shock.Weeks after CEO Meg O’Neill started in April, the chairman, Albert Manifold, was suddenly dismissed in late May. The board said this was due to “serious…

A silicon wafer with chips etched into is seen as U.S. Vice President Kamala Harris tours a site where Applied Materials plans to build a research facility, in Sunnyvale, California, U.S., May 22, 2023. Pool | ReutersAsian semiconductor and technology stocks resumed their slide Wednesday, tracking overnight losses on Wall Street after a brief rebound in chipmakers lost steam amid lingering concerns over stretched artificial intelligence-related valuations.Japan’s Softbank Group plunged 10% amid a broader decline in tech names and after efforts to secure at least $6 billion through a margin loan backed by its OpenAI stake hit a snag, according to…

Taiwan stocks lower at close of trade; Taiwan Weighted down 3.48% Source link