BlackRock eyes shorter-term bets amid shaky global economic foundations
NEW YORK (Reuters) -The BlackRock Investment Institute (BII) said on Tuesday that growing uncertainty around traditionally stable, long-term economic trends is pushing it toward shorter-term strategies amid an increasingly unclear global economic outlook.For decades, markets have relied on core principles suc …. Read More >>
US job market surprises with increased openings in May
WASHINGTON (Reuters) -U.S. job openings unexpectedly increased in May, but a decline in hiring added to signs that the labor market had shifted into lower gear amid uncertainty over the Trump administration’s tariffs on imports, with a 90-day pause on higher reciprocal duties drawing to an end.Anxiety over tr …. Read More >>
Powell reiterates Fed will wait for more data before cutting rates
SINTRA, Portugal (Reuters) -U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to “wait and learn more” about the impact of tariffs on inflation before lowering interest rates, again setting aside President Donald Trump’s demands for immediate and deep rate cuts. “We …. Read More >>
Cloudflare launches tool to help website owners monetize AI bot crawler access
NEW YORK (Reuters) -Cloudflare has launched a tool that blocks bot crawlers from accessing content without permission or compensation to help websites make money from AI firms trying to access and train on their content, the software company said on Tuesday. The tool allows website owners to choose whether …. Read More >>
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