The $69 billion purchase of gaming juggernaut Activision Blizzard by Microsoft on Wednesday was warned against by Britain’s competition watchdog. The Competition and Markets Authority predicted that the acquisition would substantially lessen competition, which would result in higher prices, fewer… Read More ›
Day: February 8, 2023
Despite Easing Inflation, Fed Chair Powell States Interest Rates Still Expected To Be Hiked
Inflation is starting to decline, according to US Federal Reserve Chairman Jerome Powell, but he expects it to take time. In addition, he warned that if the economic data are uncooperative, interest rates may increase more than expected. “The disinflationary process,… Read More ›