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Watch: Is there an AI stock market bubble, and is it ready to burst?
Posted onDespite the Iran war, rising inflation and worries about rising government debt, US stock markets continue to hit all-time highs this year. That’s largely driven by the huge boom in investment in Artificial Intelligence. The apparent mismatch between sky high stock market valuations and the real economy is beginning to set off some alarm bells…
G7 stands ready to release emergency oil reserves
Posted onStay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. G7 finance ministers said they would take the “necessary measures” to tackle the surge in oil prices but stopped short of agreeing on a release of strategic petroleum reserves after an emergency meeting on Monday. In…
East Yorkshire residents offered £40 for going on money course
Posted onPeople are being offered a £40 shopping voucher in return for completing a money session. The Let’s Talk Money course will look at topics such as formulating a budget and using online price comparison tools. East Riding of Yorkshire Council said the course was designed to help residents gain a better understanding of their finances…
Leamington restaurant Magic Wingdom closes after rising costs
Posted on“Food prices have changed a lot, the Ukraine war, the bread basket of Europe was a huge thing for oil costs. There’s the risk of avian flu, all of our chicken is British, that’s something we’ve sort of celebrated, Red Tractor approved, it’s all increasing slowly.”
