US Home Prices Dipped In February For First Time Since June 2025

ECB Preview: First Rate Hike Since 2023 Markets expect the ECB to hike by 25bps, the first rate hike since 2023, but do not look for explicit guidance on the path ahead, with the Council likely pledging in the statement to set monetary policy in a data-dependent and meeting-by-meeting fashion. Lagarde is likely to highlight that tightening is appropriate, for example, by repeating that the energy shock requires “some measured adjustment” in the policy stance. Goldman does not expect her to provide any specific guidance on next steps but look...

London Mayor Khan Under Fire As BBC Exposes Scale Of Grooming Gangs Authored by Thomas Brooke via Remix News, London Mayor Sadiq Khan is facing renewed criticism after a major BBC investigation found that vulnerable girls as young as 14 are being lured into forced sex by gangs operating across the capital. The investigation, based on weeks of reporting and interviews with dozens of people, including five survivors of gang-based violence, concluded that exploitation by organised groups is rife in parts of London. Some victims told the BBC they were raped by multiple men as...

Tech CEOs: Just Kidding About That Jobpocalypse For three years, everyone from Goldman, to Richmond Fed President Thomas Barkin, to tech CEOs have been forecasting mass unemployment due to AI wiping out jobs - which would only be accelerated by the proliferation of cheap(er) Chinese models. Ford Motor CEO Jim Farley said last year that AI would replace "literally half of all white-collar workers in the U.S."  And while that may only be a matter of time, tech CEOs have changed their tune - albeit while facing public pitchforks over data centers, the cost of...