European Central Bank policymakers on Thursday lowered their annual inflation and growth forecasts, as they confirmed a widely expected hold of interest rates. Staff projections now see economic growth of 0.6% in 2024, from a previous forecast of 0.8%. They presented a more positive picture on inflation, with the forecast for the year brought to … Read more
Machine learning models are taking over in the field of weather forecasting, from a quick “how long will this rain last” to a 10-day outlook, all the way out to century-level predictions. The technology is increasingly important to climate scientists as well as apps and local news stations — and yet it doesn’t “understand” the … Read more
Bud Light, made by Anheuser-Busch. Joe Raedle | Getty Images Anheuser-Busch InBev, the world’s biggest brewing firm, on Tuesday beat expectations for the third quarter, despite an ongoing drag from controversy surrounding its online Bud Light campaign. Revenue rose 5% over the period to $15.57 billion, ahead of a company-compiled forecast of 4.7%. That was despite … Read more