Intel, AMD, and Arm shares soar on potential CPU demand sparked by the popularity of Meta's Muse; INTC jumps 12%+, AMD is up 8%+, and ARM 15%+ (Adam Clark/Barron's Online)

Fed’s Goolsbee says inflation may require faster rate hikes

The Federal Reserve may need to raise interest rates more aggressively if inflation proves to be primarily driven by demand rather than supply issues, Chicago Fed President Austan Goolsbee said on…

• Fed President Goolsbee suggests faster rate hikes if inflation is demand-driven
• Overheated demand, especially in services, may be primary inflation cause
• Current unemployment rate nears full employment, tightening labor market

4h ago ·hellenicshippingnews.com

What does the EU have that the U.S. does not?

European assets may offer investors advantages that are being overlooked as markets remain heavily focused on U.S. technology leadership, according to Macquarie Global Strategy, which sees structural…

• European luxury goods market valued at $1.6 trillion, projected to exceed $2 trillion by 2030
• Europe generates $1 trillion in international tourism revenue, five times U.S. level
• European companies employ AI at 37%, matching U.S. usage and often surpassing in robotics

4h ago ·hellenicshippingnews.com

John McKenzie: Canada must turn investment summit momentum into certainty and execution

John McKenzie: We have the world's attention. Now we need to show that capital can be put to work here

4h ago ·financialpost.com