Fed Chairman Jerome Powell, playing a waiting game
The Fed is unlikely to increase interest rates this year, but policymakers there are also not rushing to bring them below 5.25%–5.5%. “I don’t know how long it’ll take,” Powell said of when the Fed might cut rates.
Interest rates shape markets, and that’s especially true with renewable energy. Clean- energy projects are cheaper to run than their fossil-fuel counterparts because they don’t require operators to continually purchase fuel. But they typically have high up-front costs. As a result, the price of clean energy is determined to a significant extent by the cost of the debt that developers take on when they first build projects.
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Esta historia es de la edición May 27, 2024 de Time.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
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As employers embrace Al, workers fret-and seek input
THE SWEDISH BUY-NOW-PAY-LATER COMPANY KLARNA has become something of a poster child for the potential benefits of generative artificial intelligence.
Claudia Sheinbaum
A first for Mexico
Afghan women defying the Taliban
WHEN KABUL FELL TO THE TALIBAN, RETURNING Afghanistan to the fundamentalist group's control, women who did not flee faced a reality in which they could no longer be who they are: journalists deleted evidence of their work, artists destroyed their creations, and graduates set fire to their degrees.
The way to a truly restful vacation
TRAVEL CAN DO WONDERS FOR YOUR well-being: expanding your mind, bonding you to loved ones, and connecting you with nature.
SHARING GRIEF AMID WAR
Spring and early summer are difficult times for both Israelis and Palestinians. Israeli Jews move from Passover, the holiday of freedom, to Holocaust Memorial Day, to Memorial Day for Fallen Soldiers and Victims of Terror, to the triumphant celebrations of Independence Day. The days pass with rituals intended to give us a shared meaning as a society and to inculcate and frame Israel's official narrative.
WESTWARD HO, AGAIN
Kevin Costner's risky western epic, Horizon, celebrates the height of the genre without quite getting there itself
DO LESS. IT'S GOOD FOR YOU
Unproductive moments can boost health and happiness
'I don't have faith in doctors anymore!'
How women get pressured into long-term birth control
Strait Talk
TAIWAN'S NEW PRESIDENT LAI CHING-TE IS TAKING A HARD LINE ON CHINA. BEIJING IS NOT AMUSED
How U.S. Commerce Secretary Gina Raimondo is navigating America's AI future
UNTIL MID-2023, ARTIFICIAL INTELLIGENCE was something of a niche topic in Washington, largely confined to small circles of tech-policy wonks.
