Asian travel demand for Europe holds through heatwave
Asian searches for European trips rose 57% on Trip.com, while bookings point to a shift toward cooler northern destinations.
By Sarah Jenkins 2 months agoChief Macro Economics Correspondent
Sarah Jenkins
Sarah covers central banks, sovereign debt, and the data behind the cycle. She spent eight years at a rates desk before moving to journalism.
Latest from Sarah Jenkins
Lucid midsize vehicle delay extends launch target to second half of 2027
Lucid is deferring its midsize EV as it seeks $1.4bn of 2026 cash-flow improvements after second-quarter revenue missed estimates.
By Sarah Jenkins 2 months agoFiscal policy vs. monetary policy: tools and responsibilities
Fiscal policy covers federal taxes and spending. Monetary policy is the Federal Reserve’s use of tools that influence interest rat...
By Sarah Jenkins 2 months agoWhat is Keynesian economics? Demand, policy and criticism
A guide to Keynesian economics, its focus on aggregate demand, and the fiscal and monetary tools it supports.
By Sarah Jenkins 2 months ago
China factory PMI July 2026 falls into contraction as orders weaken
China’s factory PMI fell to 49.2 in July, as new orders, services and construction weakened and policymakers faced renewed pressur...
By Sarah Jenkins 2 months ago
Trump AI executive order faces deadline as AI regulation fight grows
Federal agencies face an Aug. 1 deadline to set an AI model review framework as tech leaders press Washington over open-weight mod...
By Sarah Jenkins 2 months ago
Clear Street offers Databricks pre-IPO access on new platform
Clear Street is launching with Databricks exposure and plans up to 30 private-company offerings by year-end, CNBC reported.
By Sarah Jenkins 2 months agoHow bond yields work: coupon rate, current yield and yield to maturity
Bond yields convert a bond’s price, coupon and maturity into an annual return, moving up when prices fall and down when prices ris...
By Sarah Jenkins 2 months ago
US economy Q2 growth slows to 1.5% as core PCE inflation holds at 3.3%
The Commerce Department said GDP missed forecasts in the second quarter, while the Fed’s preferred core inflation measure stayed e...
By Sarah Jenkins 2 months agoHow the Fed sets interest rates and affects borrowing costs
The Fed sets a target range for overnight bank funding, then uses administered rates and market operations to keep trading inside...
By Sarah Jenkins 2 months ago
OpenAI annualized revenue in July topped second quarter, CFO told staff
OpenAI CFO Sarah Friar told staff July annualized recurring revenue exceeded Q2 as the company faces Anthropic and IPO scrutiny, C...
By Sarah Jenkins 2 months ago
Microsoft earnings put spending plans in focus as AI costs rise
Microsoft reports fiscal fourth-quarter results after the close, with investors focused on Azure growth, AI spending and data-cent...
By Sarah Jenkins 2 months ago