UBS offers a step-by-step guide to currency allocation

The AI boom has triggered an insatiable need for new, localized, decentralized and clean alternative power generation methods. While there has been much speculation about small modular nuclear reactors, regulatory hurdles can delay this possibility for many years. AI data centers have faced growing scrutiny for hogging power grid capacity, causing residents’ electric bills to skyrocket. As…

The U.S. job market showed surprising strength in June, with nonfarm payrolls rising by 147,000 compared to the 110,000 jobs forecast. That marked a solid rebound from May, although the private sector only added 74,000 jobs, the weakest gain since October when hurricanes disrupted hiring. Most of the upside came from state and local governments,…

Czech 2025 budget likely to be in deeper deficit than targeted, new minister says Source link

The Reserve Bank of Australia (RBA) raised its cash rate by 25 basis points to 4.10% at its March meeting, delivering a second consecutive rate hike as stubbornly high inflation and rising energy costs from the Middle East conflict tilted risks further to the upside. The decision passed by the narrowest possible margin — 5…