Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.
The Treasury secretary departs for China today. A key objective is to glean information about how Beijing expects to reach its 2024 economic growth goal.
Even so, Fed officials are looking for more evidence that inflation is sustainably on a downward trend, and in the meantime, they're not rushing to cut interest rates.
"As access to advanced AI tools becomes more widespread, it is likely that, at least initially, cyberthreat actors utilizing emerging AI tools will have the advantage."
As retailers and restaurants finally get relief from rising prices for goods, services, and labor, they are enjoying an increase in gross margins rather than passing the savings on to customers.