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...BASF and Munich Re said their choice of chairs respected the two-year cooling-off period required by German rules....
...Stocks were relatively unmoved following cautious remarks from Federal Reserve chair Jay Powell, who said the central bank needed “greater confidence” that inflation was cooling before cutting interest rates...
...A top Federal Reserve official has said she believes the US labour market is cooling despite the “surprisingly strong” January jobs numbers....
...US government debt rallied on Wednesday after economic data on both sides of the Atlantic hinted at cooling price pressures....
Japanese ceramics manufacturer’s two centuries of pottery experience help it take the heat out of the latest technology
...The moves came after data on jobless claims revealed further cooling in the labour market ahead of Friday’s closely watched non-farm payrolls report....
Estate agent reports easing of supply and demand imbalance that had sent rents soaring
Comments from central bank chief come after PCE gauge of price pressures ticked higher in February
...“The power consumption of an AI server breaks the limit of air-cooling technologies of 300 watts, spurring demand for more sophisticated and efficient cooling technologies, like water or liquid-cooling,”...
...Chief executives are slightly more confident in their overall outlooks over the next six months and expect to increase hiring plans, despite a cooling economy and elevated interest rates....
...This is just what a nice, steady cooling looks like. Any decline from a very high level of activity is going to look, on the margin, like deterioration....
...Last month’s data “was a game-changer” for investors as it suggested the labour market is cooling, said Michael Metcalfe of State Street....
...That means liquid cooling is becoming increasingly important to ensure the performance and longevity of AI servers....
Pimco and T Rowe Price among firms to increase exposure in Europe amid cooling inflation
The period of rapidly rising prices is retreating in the rear-view mirror
...US Federal Reserve officials still expect to make 0.75 percentage points worth of interest rate cuts this year, signalling confidence that inflation is cooling sufficiently to reduce borrowing costs....
...“Inflation has been cooling, but our data shows pay is heating up in both goods and services,” said ADP chief economist Nela Richardson....
...US Treasury yields dropped to their lowest level in three weeks as signs of labour-market cooling in the latest non-farm payrolls report prompted investors to scale back expectations for further interest...
...Home prices in big US cities increased in January, but high borrowing costs tempered monthly price gains in a sign that the market was cooling....
...The S&P 500 closed at a record high, even after US inflation data showed price pressures in the world’s largest economy were not cooling as quickly as Wall Street expected....
...The council acknowledged that its aggressive monetary tightening had contributed to significantly higher mortgage costs, pushing up a heavyweight inflation component that has overshadowed cooling price growth...
The wider impact of the slowdown on employment is mitigated by an already depleted workforce
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