Fed’s Powell: Economy still working through the impact of the pandemic

The U.S. economy is still dealing with the aftermath of the COVID-19 pandemic, Federal Reserve chair Jerome Powell said during a meeting with community and
Microsoft CEO calls Google mobile search argument ‘bogus’

Microsoft chief executive Satya Nadella dismissed as “bogus” an argument by rival Google that it is easy to change defaults on computers and smartphones, as he
Inflation and unconventional fiscal policy

Inflation surged around the world in 2022 and became a major policy problem. This column examines what caused the rise in inflation in the euro
AI startup AlphaSense valued at $2.5 billion after latest funding round

– Market intelligence platform AlphaSense has raised $150 million in a fresh round of funding that boosted its valuation to $2.5 billion, underscoring strong demand
US economy remains resilient in second quarter; labor market tight

The U.S. economy maintained a fairly solid pace of growth in the second quarter and activity appears to have gathered speed this quarter, but a
ChatGPT users can now browse internet, OpenAI says

ChatGPT users will now be able to surf the web, Microsoft-backed OpenAI said on Wednesday, expanding the data the viral chatbot can access beyond its earlier
A perspective on the great reallocation of global supply chains

Previous optimism that cross-border supply chains would improve efficiency for firms and open up growth opportunities for countries has been tempered by concerns that global
Innovation and appropriability: Revisiting the role of intellectual property

Our understanding of the relationship between intellectual property protection, R&D investment, and innovation outcomes at the firm level has long been hampered by measurement problems
Nowcasting trade in value added indicators

Integration in global value chains has been high on the policy agenda since the start of the COVID-19 crisis. But indicators of trade in value
Meta unveils AI assistant, Facebook-streaming glasses

Meta Platforms Chief Executive Mark Zuckerberg on Wednesday rolled out new AI products for consumers, including bots that create photo-realistic images and smart glasses that answer

